Podcast 57 - Healthcare Supply Utilization Management: What It Is and What It Is Not!

In any industry there is terminology that is slow to be adopted but then becomes mainstream and functional. One of these mainstream terms that we use in healthcare today is supply chain management, which was created in concept in 1961 but not fully adopted by the healthcare industry until the late 1990s. Another one is healthcare value analysis which was created back in the late 1940s after World War II but did not transcend into the healthcare supply chain world until the 1970s and is not fully adopted as of yet.