Date of Conferral
2022
Degree
Doctor of Business Administration (D.B.A.)
School
Business Administration
Advisor
Edward Paluch
Abstract
Ineffective strategies to contain the costs of medical supply inventory can result in financial loss and are a significant challenge for hospital leaders. Grounded in complex adaptive systems theory, the purpose of this qualitative single case study was to explore the cost-containment strategies that private hospital business leaders use to reduce the expense of pharmaceutical inventory. The participants comprised six private hospital business leaders in one healthcare organization in Myanmar. Data were collected from semistructured interviews, internal company documents, and publicly available annual reports. Four themes emerged from Yin’s five-step data analysis method: (a) management controls, (b) specialist engagement and compliance, (c) supplier management, and (d) centralized systems. A key recommendation is for hospital business leaders to use the themes to develop a framework and identify what strategies they already have in place and what strategies they may not have yet defined. Once developed, the framework may facilitate system change and support monitoring processes. The implication for positive social change includes the potential for hospital business leaders to support the affordability of pharmaceuticals by passing savings onto their patients so that they are more likely to purchase the medications they require to remain healthy.
Recommended Citation
McCaughan, Julie Carlene, "Cost-Containment Strategies Used by Hospital Business Leaders for Pharmaceutical Inventory" (2022). Walden Dissertations and Doctoral Studies. 13049.
https://scholarworks.waldenu.edu/dissertations/13049
