{"id":111451,"date":"2025-02-07T15:24:30","date_gmt":"2025-02-07T14:24:30","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=111451"},"modified":"2025-02-17T08:43:42","modified_gmt":"2025-02-17T07:43:42","slug":"the-ai-revolution-in-healthcare-procurement","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/the-ai-revolution-in-healthcare-procurement\/","title":{"rendered":"The AI Revolution in Healthcare Procurement"},"content":{"rendered":"    <aside class=\"related-articles\" >\n        <span class=\"related-articles-button\" > Further articles in the issue <\/span>\n        <h3 class=\"related-articles-title\"> Further articles in the issue <\/h3>\n        <div class=\"related-articles-content\">\n            <div class=\"row horizontal-gap\">\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/cut-costs-boost-efficiency-how-genai-is-revolutionizing-indirect-spend\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/10\/Pick-up-Speed-325x440.png\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/unlock-hidden-value-transform-your-pe-portfolio-with-ai\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/10\/Unleashing-Gen-AI-325x440.png\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/unlock-the-future-of-procurement-with-ai\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/Ai-in-procurement-325x440.png\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                            <\/div>\n        <\/div>\n    <\/aside>\n\n\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2><span style=\"color: #009eb4;\">How Generative AI is Unlocking Cost Savings, Supply Chain Security, and Strategic Synergies<\/span><\/h2>\n<p>The healthcare industry is at a turning point. With rising costs, aging populations, and increasingly complex supply chains, companies in <strong>pharmaceuticals, medtech, and healthcare services<\/strong> must find new ways to optimize procurement, manage risks, and drive efficiencies.<\/p>\n<p>From securing Active Pharmaceutical Ingredient (API) supply chains to optimizing costs and enabling data-driven negotiations, AI-powered tools are giving procurement teams the insights they need to make <strong>faster, smarter, and more strategic decisions<\/strong>.<\/p>\n<p><strong>Want to stay ahead in healthcare procurement?<\/strong> Download the latest issue of our Supply Management Insights magazine to explore how GenAI is reshaping the industry and creating new opportunities.<\/p><\/div><\/div><\/div>\n<div style=\"background-color: #009eb4;\">\n<p>&nbsp;<\/p>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2><span style=\"color: #ffffff;\">What can you take away from this issue?<\/span><\/h2><\/div><\/div><div class=\"row \"><div class=\"col-lg-6\"><p><span style=\"color: #bde254;\"><strong>GenAI in Healthcare: A Game Changer for Procurement<\/strong><\/span><\/p>\n<ul class=\"checklist\">\n<li><span style=\"color: #ffffff;\">How AI-powered tools shift procurement from <strong>reactive to proactive<\/strong> management.<\/span><\/li>\n<li><span style=\"color: #ffffff;\">Why leading healthcare companies are investing in GenAI to improve <strong>efficiency, cost control, and supply chain resilience<\/strong>.<\/span><\/li>\n<\/ul><\/div><div class=\"col-lg-6\"><p><span style=\"color: #bde254;\"><strong>How to gain efficiency in different healthcare sectors<\/strong><\/span><\/p>\n<ul class=\"checklist\">\n<li><span style=\"color: #ffffff;\">Unlocking Synergies in Healthcare Mergers<\/span><\/li>\n<li><span style=\"color: #ffffff;\">Securing API Supply Chains with AI-Powered Risk Management<\/span><\/li>\n<li><span style=\"color: #ffffff;\">Fact-Based Negotiations with AI-Powered Cost Models<\/span><\/li>\n<\/ul><\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n<\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><\/div><\/div><\/div>\n<div class=\"mt-5 mb-lg-13 overflow-hidden full-width\" is=\"image-text-animated\">\n    <div class=\"container overflow-visible\">\n        <div class=\"text-center\">\n            <h2>The Future of AI in Healthcare Procurement<\/h2>\n        <\/div>\n                    <div class=\"image-with-text-01\">\n                <div class=\"row justify-content-between\">\n                    <div class=\"col-md-6\">\n                                                    <div class=\"image\">\n                                <span  style=\"background-color: rgb(0, 158, 180)\" \">\n                                    <figure class=\"animate\">\n                                        <img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/01\/AI-Virtial-reality.png\" class=\"img-fluid\" alt=\"\" \/>\n                                    <\/figure>\n                                <\/span>\n                            <\/div>\n                                            <\/div>\n                    <div class=\"col-md-6 col-xl-5 align-self-center\">\n                        <h3><\/h3>\n                        <p>The future of AI in healthcare procurement is promising, with Generative AI unlocking hidden savings that can be reinvested in research and development\u2014driving innovation and ensuring long-term competitive advantage. By enhancing transparency and resilience in supply chains, AI is reducing inefficiencies and enabling smarter procurement decisions. Early adopters stand to gain a significant edge, making now the ideal time to implement AI-driven solutions and stay ahead in an evolving industry.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n            <\/div>\n<\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><div class=\"icon-boxes  \" data-moduleID=\"111640\" is=\"summary-box\">\n    <div class=\"summary-box-padding overflow-visible\">\n        <div class=\"icon-box has-icon pos-left fadeIn\" style=\"border-color: rgb(77,189,189);\" data-animated-icon=\"false\">\n            \n                <div class=\"icon\">\n                    <div class=\"inner\">\n\n                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/SMI-15-green.png\" width=\"2000\" height=\"600\" loading=\"lazy\" alt=\"Icon - The article is part of our magazine issue &quot;AI IN PROCUREMENT \u2013 next level solutions&quot; In addition to the cover story, you will also receive the following articles when you download the issue:\" \/>\n                        \n                    <\/div>\n                <\/div>\n\n            \n                            <div is=\"accordion\">\n                    <div class=\"accordion-item\">\n                        <div class=\"accordion-header\" id=\"heading-11c9dbed1450c0888a07b4a33125376a\">\n                            <button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-11c9dbed1450c0888a07b4a33125376a\" aria-expanded=\"false\" aria-controls=\"collapse-11c9dbed1450c0888a07b4a33125376a\">\n                                <span class=\"accordion-button-label\">\n                                    <span>The article is part of our magazine issue &quot;AI IN PROCUREMENT \u2013 next level solutions&quot; In addition to the cover story, you will also receive the following articles when you download the issue:<\/span>\n                                <\/span>\n                            <\/button>\n                        <\/div>\n                        <div id=\"collapse-11c9dbed1450c0888a07b4a33125376a\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-11c9dbed1450c0888a07b4a33125376a\">\n                            <div class=\"accordion-body\">\n                                <ul class=\"checklist\">\n<li><strong>AI in Procurement:<\/strong> How GenAI cuts through the complexity<\/li>\n<li><strong>Experts on AI:\u00a0<\/strong>Melih Yener (BCGX)<\/li>\n<li><strong>Generative AI in the Healthcare Sector:<\/strong> Unveiling New Opportunities<\/li>\n<li><strong>Pick up speed:<\/strong> Optimizing indirect spend with GenAI<\/li>\n<li><strong>Untapped potential for Private Equity:<\/strong> From barriers to breakthroughs &#8211; Unleashing GenAI across portfolios<\/li>\n<li><strong>KGM Strategy Office Paris:<\/strong> Interview with Isabelle Pinto Carradine<\/li>\n<\/ul>\n\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n\n            \n        <\/div>\n    <\/div>\n<\/div>\n\n<\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n<section class='bg-light py-3 pb-xl-0'><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><p><span style=\"color: #009eb4;\"><strong id=\"download\" class=\"fs-4\">Fill out the contact form to receive the magazine issue. You will then receive the entire issue by e-mail.<\/strong><\/span><\/p>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n    portalId: \"143321638\",\n    formId: \"105484ac-bd44-4cef-aaf3-858c72414f40\",\n    region: \"eu1\"\n  });\n<\/script><\/p><\/div><div class=\"col-lg-6\"><p><span style=\"color: #a0d60a;\"><strong>\/\/\u00a0Preview <\/strong><\/span> | Table of contents &amp; editorial<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.flipsnack.com?hash=RTk4RjhEODhCN0ErY3BhYjVpbTFjaQ==\" width=\"100%\" height=\"480\" frameborder=\"0\" scrolling=\"no\" seamless=\"seamless\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p><\/div><\/div><\/div><\/section>\n<p>&nbsp;<\/p>\n\n    <div class=\"container authors-section fadeIn \" is=\"authors-and-partners\">\n        <div class=\"description row\">\n            <h2>\n                                                            Authors\n                                                <\/h2>\n        <\/div>\n\n        <div class=\"row\">\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/01\/MD_Nicolas-Willmann_350x440px-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/01\/MD_Nicolas-Willmann_350x440px-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/01\/MD_Nicolas-Willmann_350x440px-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Nicolas Willmann<\/h3>\n                        <p class=\"person-position\">Managing Director <\/p>\n                                                    <div class=\"short-desc\"><p>is a Managing Director at KGM Strategy in Cologne and responsible for our Healthcare business, advising clients on transformation projects, cost-down programs, and mergers &#038; acquisitions.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:contact@kgmstrategy.com\" class=\"mail-link\">contact@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/the-ai-revolution-in-healthcare-procurement\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/10\/sabrina-morton-1-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/10\/sabrina-morton-1-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/10\/sabrina-morton-1-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Sabrina Morton<\/h3>\n                        <p class=\"person-position\">Principal<\/p>\n                                                    <div class=\"short-desc\"><p>is a Principal at KGM Strategy in London, specializing in biopharma companies and complex transformation projects, including procurement model redesign.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto: sabrina.morton@kgmstrategy.com\" class=\"mail-link\">sabrina.morton@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/the-ai-revolution-in-healthcare-procurement\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The healthcare industry is at a turning point. With rising costs, aging populations, and increasingly complex supply chains, companies in pharmaceuticals, medtech, and healthcare services must find new ways to optimize procurement, manage risks, and drive efficiencies.<\/p>\n","protected":false},"author":10,"featured_media":106173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[700,728],"tags":[],"class_list":["post-111451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-healthcare-provider"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/111451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/comments?post=111451"}],"version-history":[{"count":35,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/111451\/revisions"}],"predecessor-version":[{"id":111911,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/111451\/revisions\/111911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media\/106173"}],"wp:attachment":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media?parent=111451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/categories?post=111451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/tags?post=111451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}