HOSPITALS HOPE TO SAVE BY SUPPLY MANAGEMENT

Lahey Clinic is hoping to save up to $17 million over five years by acting more like big-box retailers and automakers when it comes to managing a mundane aspect of the healthcare business: medical supplies. Boston Globe (http://www.boston.com/business/technology/biotechnology/articles/2006/04/10/hospitals_hope_to_save_by_supply_management/)