HAVI and Rush University System for Health Partner to Transform Healthcare Inventory Management

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Collaboration aims to help health systems unlock working capital, strengthen resiliency, and manage inventory as a strategic enterprise asset.

HAVI, a global leader in supply chain orchestration, powered by analytics & planning, and Rush University System for Health (“Rush”), one of the nation's leading academic health systems, announced a strategic partnership to redefine how healthcare organizations manage inventory.

The collaboration aims to help health systems treat inventory as a strategic enterprise asset that supports financial performance, operational excellence, and supply chain resilience.

Building on a successful orthopedic pilot program, the 12-month initiative will expand across additional locations, service lines, and product categories throughout the Rush system. The effort combines advanced forecasting, inventory optimization, preference card management, benefits tracking, and cross-functional governance to drive financial performance, operational efficiency, and supply chain resiliency while supporting high-quality patient care.

"Healthcare organizations have spent decades optimizing what they pay for products, yet billions of dollars remain tied up in inventory across the industry," said Jeremy Strong, Chief Supply Chain Officer, Rush. "This partnership is about creating a new model that aligns clinical, operational, supply chain, and financial leaders around a common objective: maximizing the value of inventory investments while supporting exceptional patient care.”

A key component of the partnership is the creation of a Stock Analysis Value Recapture (SAVR) Committee, a governance structure that will provide executive oversight of inventory investment, demand planning, supplier collaboration, and value realization. The committee is designed to help establish inventory management as an enterprise-wide discipline supported by data-driven decision-making and accountability.

“Healthcare is at an inflection point where inventory can become a strategic advantage,” said Rodney Brown, SVP, North America, Global Planning & Analytics. “Together, we're building a scalable approach that can help health systems improve liquidity, strengthen resilience, and reinvest resources toward their most important mission: patient care.”

By combining Rush’s clinical and operational leadership with HAVI's expertise in planning, analytics, and supply chain transformation, the organizations aim to develop a scalable framework that could serve as a model for healthcare systems nationwide.

About Rush

Rush is a non-profit, nationally recognized academic health system dedicated to advancing patient care, research, education, and innovation. Through its hospitals, outpatient facilities, clinical partnerships, and virtual care, Rush serves patients across the Chicago region and beyond. The system includes Rush University Medical Center, Rush Copley Medical Center, Rush Oak Park Hospital, and an extensive physician and outpatient network. Rush University Medical Center is ranked among the top hospitals in the nation by U.S. News & World Report and consistently is named among the top academic medical centers for excellence in patient care by Vizient Inc. and a Top Teaching Hospital by The Leapfrog Group.

About HAVI

HAVI is a global, privately held company focused on optimizing and managing supply chains for leading brands around the world. Through its expertise in planning, analytics, inventory optimization, logistics, and operational excellence, HAVI helps organizations improve performance, increase resiliency, and unlock enterprise value. HAVI's healthcare industry practice brings these capabilities to health systems seeking sustainable financial and operational improvement.

“Healthcare is at an inflection point where inventory can become a strategic advantage," said Rodney Brown, SVP, North America, Global Planning & Analytics, HAVI.

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  266.17
+0.00 (0.00%)
AAPL  355.63
+0.00 (0.00%)
AMD  552.90
+0.00 (0.00%)
BAC  50.67
+0.00 (0.00%)
GOOG  290.63
+0.00 (0.00%)
META  628.77
+0.00 (0.00%)
MSFT  521.12
-0.00 (-0.00%)
NVDA  173.73
+0.00 (0.00%)
ORCL  128.38
+0.00 (0.00%)
TSLA  390.84
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.