Healthcare Supply Chain Compliance Challenges: Vendor Management, Contract Negotiation, Tariff Impact

Foley partner Monica Chmielewski, vice chair of the firm’s Health Care Practice Group, is speaking in Strafford’s upcoming webinar titled “Healthcare Supply Chain Compliance Challenges: Vendor Management, Contract Negotiation, Tariff Impact” on July 23.

Health care companies and providers regularly face supply chain-related challenges and associated risks as they navigate stringent regulations to ensure compliance. They now face additional challenges with a new administration imposing and/or proposing tariffs widely impacting the health care supply chain.

Health care companies, providers, and employees frequently interact with numerous vendors which presents risks if such vendors require access to patients or patient information. Health care companies and providers must carefully choose vendors, strategically negotiate and structure vendor contracts, and manage the relationship. Counsel must ensure that the contracts as well as the health care companies’ and providers’ policies and procedures related to dealing with vendors reduce the risk of vendor violations of federal and state regulations, including HIPAA and the Medicare Conditions of Participation.

In addition to understanding best practices for choosing and managing vendors, counsel should also understand the impact of tariffs being imposed and/or proposed by the new administration on the supply chain and contractual negotiations.

The panel of health care attorneys will examine supply chain risks and what health care companies and providers need to do to mitigate those risks. The session will cover the policies and procedures to have in place; identifying and vetting vendors; negotiating, drafting, and managing supply chain contracts and how the new tariffs may affect this process; and more.

The panel will review these and other key issues:

• What are the key supply chain risks facing health care companies and providers?
• What questions should health care companies and providers ask during the supplier vetting process to minimize the likelihood of selecting a risky supplier?
• What key terms should be negotiated in the supplier contract to help mitigate supply chain risks? How may these be impacted by the new administration’s tariff policy?

CLE

This 90-minute webinar is eligible in most states for 1.5 CLE credits.