The Hive Acquires NCH Healthcare with Innovative Supply Chain Management

May 5, 2024

The Hive, a leading provider of healthcare supply chain solutions, has announced its partnership with NCH Healthcare through advanced management of Physician Preference Items (PPIs). This strategic move reflects The Hive’s commitment to enhancing operational efficiencies and cost-effectiveness in healthcare organizations.

Physician Preference Items (PPIs) encompass specialized medical supplies and devices crucial for patient care and hospital expenditure. The Hive specializes in optimizing these items by analyzing usage patterns, negotiating contracts, and standardizing selections based on clinical evidence and physician preferences.

“We are thrilled to welcome NCH Healthcare to our network,” said Rick Anderson, CEO of The Hive. “Our data-driven supply chain approach will empower NCH Healthcare to deliver exceptional care while managing
costs effectively.”

NCH Healthcare, known for its dedication to quality healthcare services, recognized The Hive’s solutions as an opportunity to enhance supply chain operations. By centralizing data and employing advanced analytics, both organizations anticipate immediate benefits, including cost reductions, improved product standardization, and streamlined procurement processes.