Internet could save billions in health costs. (Short Takes).One of the principal reasons that business-to-business e-commerce is projected to far outstrip out·strip tr.v. out·stripped, out·strip·ping, out·strips 1. To leave behind; outrun. 2. To exceed or surpass: "Material development outstripped human development" consumer e-retailing is the sheer size of the marketplace. An example is the $83 billion spent annually in the U.S. on medical supplies. The effect of the Internet on this market is the subject of a report written by Daren Marhula, a senior analyst for U.S. Bancorp  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution , titled "e-Health B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Overview." Marhula's analysis indicates that $23 billion of the $83 billion spent on medical supplies is attributed to pure process and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. costs. He says that a significant portion of the total amount spent, about IS percent or $11 billion, could be saved without compromising the high quality of health care that Americans expect. To put that number in perspective, it is roughly the amount we spent on hospitalizing Americans suffering from chronic heart failure in 1999. James A. Hawkins is Publisher of Healthcare Briefings, a newsletter available in print, on cossette, via fax, and on computer disk He can be reached at 800/338-5486. |
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