How Tariffs and Rising Costs May Impact Healthcare Providers, and What You Can Do About It

How Tariffs and Rising Costs May Impact Healthcare Providers, and What You Can Do About It

Healthcare providers across the U.S. are most likely feeling the financial pinch from increased tariffs on imported medical supplies. From personal protective equipment (PPE) to diagnostic tools, disposable medical devices, and critical surgical instruments, these tariffs are significantly raising operational costs. With supply chains already strained, the added burden of tariffs can feel overwhelming.

Medical Inventory Management: Your Best Defense

One proven strategy to counteract rising costs is by optimizing inventory management. Efficient inventory control allows healthcare providers to closely monitor supply levels, track usage, minimize waste, and ensure timely ordering, preventing both shortages and excess inventory that tie up financial resources.

OnePulse Connect from Elevate Health Technologies, is an all-in-one technology platform for buy and bill, inventory and procurement management, Medically Integrated Dispensing (MID), In-Office Infusion (IOI) and more. OnePulse Connect also includes generative AI enhancements that can help clients identify waste, leakage, and lost revenue. In fact, clients regularly share that the innovative platform has helped reduce inventory waste with automated workflows and inventory tracking, eliminate costly manual errors, and enable more accurate budget forecasting across departments- not to mention the user-friendly platform has high utilization amongst providers, lessens administrative burden and increases efficiencies throughout healthcare practices.

One client noted a significant drop in last-minute supply purchases after implementing automated reorder points, while another praised the improved communication between clinical and procurement staff, leading to smarter, more cost-effective ordering.

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How OnePulse Connect Can Offset Increased Costs

OnePulse Connect helped a multi-practice client save over $500,000 in just two years by reducing inefficiencies, eliminating manual errors, and improving data-driven decision-making.

 Read the full story here.

OnePulse Connect empowers healthcare practices with:  

  • Real-Time Inventory Tracking: Ensuring you only order what you need when you need it, reducing unnecessary inventory spending.
  • Predictive Analytics: Anticipating shortages or price hikes due to supply chain disruptions, allowing proactive purchasing decisions.
  • Streamlined Operations: Automation tools reduce manual errors and improve overall operational efficiency.
  • Detailed Reporting and Insights: Making informed, strategic decisions that directly combat increased costs due to tariffs.

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Take Action Today

While rising prices remain an external factor beyond direct control, healthcare practices aren't powerless. Leveraging smart inventory management technology like OnePulseConnect offers a tangible solution to maintain high-quality patient care without financial strain.

Explore how Elevate Health Technologies and OnePulse Connect can help your healthcare practice navigate rising costs and other challenges effectively.

To schedule a demo of OnePulse Connect, click here.

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About Elevate Health Technologies:

Elevate Health Technologies is committed to making healthcare better for everyone. We collaborate with healthcare providers, patients, pharmaceutical manufacturers, and payors to deliver innovative technologies that truly make a difference. OnePulse Connect empowers healthcare practices by optimizing efficiency and streamlining care—whether through buy-and-bill management, inventory tracking, medically integrated dispensing, or in-office infusion services. Our tailored approach delivers deep data insights, advanced analytics, and dynamic patient engagement platforms. Together, we move as One Pulse, driving smarter, faster, and more connected health technologies for improved outcomes and better patient experiences.

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Visit www.elevateht.com to learn more.

Be sure to follow us on LinkedIn.

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