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BlueBin Financial Focus

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Welcome to BlueBin's Financial Focus newsletter! We're excited to bring you insights on the intersection of finance and healthcare, specifically how supply chain dynamics impact financial performance. Tailored for those on the finance side of healthcare, this newsletter will provide valuable analysis and strategies to help you navigate the complexities of healthcare finance. Stay tuned for expert insights and actionable tips to enhance your financial decision-making!

Employee Spotlight 

Get to know our team!

Learn more about the folks here at BlueBin who keep supplies and operations flowing.

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Carl Petschke

Why I'm Passionate About Healthcare Supply Chain

Healthcare is full of inefficiencies—from delays to over-ordering. I’m driven to remove these barriers by ensuring teams get the right product at the right time. Strong supply chain-clinical partnerships reduce stress, boost efficiency, and improve patient care

A Moment That Stands Out

At one hospital, converting to BlueBin’s 2-Bin system streamlined operations so effectively that the supply chain team could absorb ordering and delivery for Pharmacy/Fluids and Respiratory, without adding any staff. It created a more unified, agile supply chain for the entire facility.

Outside of Work

I’m a big fan of sports—especially soccer, tennis, and running—and love spending time outdoors. Lately, I’ve also been working on turning my brown thumb green!

Industry News 

Learn what's happening in the financial side of healthcare.

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  • Healthcare Finance: Hospital groups say Medicaid cuts threaten financial stability
    Hospital groups caution that the proposed $715 billion Medicaid cuts, combined with new work requirements and tighter enrollment rules, could severely impact provider finances, reduce services, and increase the uninsured population—posing serious risks to care delivery and state budgets as the bill heads to committee.

  • American Hospital Association: The Cost of Caring: Challenges Facing America’s Hospitals in 2025
    Hospitals face mounting financial pressure in 2025 from rising costs, inadequate reimbursement, workforce shortages, and policy shifts—challenges outlined in this report as key threats to maintaining access to essential services.

  • MedCity News: Hospitals Leaders Share How They’re Balancing Finance, Innovation and Patient Care
    Facing margin pressures, hospital leaders are aligning innovation with sustainability by maximizing existing assets, renegotiating contracts, and adopting creative strategies—like supply stockpiling and copay assistance—to balance cost, care quality, and clinician satisfaction.

BlueBin Client Success Story

Learn more about BlueBin client partner successes.

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UCHealth - Colorado

UCHealth’s use of BlueBin’s BlueQ Analytics and lean kanban practices cut inventory costs by 16% and revealed $1M in dead stock, demonstrating how data-driven supply optimization can deliver major savings and resilience without new capital investment.

Polls

Give your feedback on the state of the industry.

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📊

What is your top challenge in managing rising healthcare costs?

    Answer Poll
    Healthcare supply chain consultant
    Request Assessment

    Request a Complimentary Supply Chain Resilience Assessment

    For a limited time, BlueBin is offering a complimentary supply chain resilience assessment for healthcare organizations, including acute and non-acute facilities, to evaluate their resilience framework against industry-leading practices.

    Upcoming Events

    Join us at the following events

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    AHRMM25

    Aug. 3-5, 2025

    Learn more

    Financial Articles

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    Note: BlueBin’s mission is to transform healthcare by enhancing the supply chain process, ensuring that patient care staff have the right supplies at the right time, and maximizing efficiency. In line with this mission, BlueBin advocates for and supports the AHRMM Keys for Supply Chain Excellence. By focusing on improving inventory management, optimizing supply chain processes, and minimizing waste, we aim to reduce costs, accelerate operational efficiency, and enhance clinical outcomes throughout the continuum of care. The AHRMM Keys for Supply Chain Excellence serve as key performance indicators (KPIs), establishing essential standards for supply chain management in the healthcare field. Learn more about the AHRMM Keys.

       
    • Case study: Using Case Mix Index within Diagnosis-Related Groups to Evaluate Variation in Hospitalization Costs at a Large Academic Medical Center
    • Case study summary: By analyzing DRG-adjusted costs and isolating modifiable inefficiencies, hospitals can target cost variability, drive value-based care, and improve financial efficiency without sacrificing quality.

    • How to calculate: Supply Expense Per Case Mix Index (CMI) Adjusted Discharge

    • Did you know? BlueBin helps lower Supply Expense Per CMI Adjusted Discharge by boosting inventory efficiency, reducing costs, and increasing supply chain visibility.

    Financial Tip

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    Pay-On-Consume Strategy

    Use Kanban to negotiate ‘pay-as-you-consume’ vendor terms—only pay for supplies when they’re pulled from the bin (not when delivered), turning inventory into a just-in time operational expense instead of a balance sheet liability.

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    BlueBin, 4616 25th Ave NE, #764, Seattle, WA 98105, United States, (855) 896-2467

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