---
title: Five To Save | Be Transparent To Be Successful | Oct. 22, 2018
description: Your customer can only trust you as long as they can see what you're doing. But can you afford to let them?
image: https://www.z5inventory.com/hubfs/Blog%20Header%20-%20transparency.png
---

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# Five To Save | Be Transparent To Be Successful | Oct. 22, 2018

[Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

 10/22/2018

![The Piggy Bank Hides Among Surgical Product.](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%20-%20transparency.png?width=1600&name=Blog%20Header%20-%20transparency.png)

The more your customer can see what you're doing, the more they'll trust you. 

And it couldn't hurt to weed out the things that you're doing that you'd rather they didn't see. Right? 

Another week, another hospital merger.\* Another batch of politicians screaming about healthcare. And another Neanderthal receiving healthcare. 

Wait, um. That can't be... Y'know what, let's just get to it.

1. The future's looking bright for companies partnered with Baylor Scott & White (like us), since [BSW and Memorial Hermann Health System decided to merge](https://www.healthcaredive.com/news/top-texas-health-systems-agree-to-merge/538555/).\*
2. Surely that new system will benefit from these [tips on reducing waste in the supply chain](https://www.healthleadersmedia.com/finance/how-limit-waste-hospital-supply-chains).
3. Oh, and so should you. Because this survey revealed that [hospitals are overpaying for their supply chain](https://www.healthcarefinancenews.com/news/hospitals-spending-25-billion-more-supply-chain-they-should-study-finds) to the tune of $25 Billion.
4.  That's something the consumer just won't stand for. Another thing, according to this (pretty scathing) opinion piece is [a lack of transparency](https://www.statnews.com/2018/10/03/memorial-sloan-kettering-betrayed-my-trust/). 
5. And, just because we thought it was pretty cool, here's more evidence that [Neanderthals had pretty sophisticated healthcare](https://gizmodo.com/neanderthals-survived-in-ice-age-europe-thanks-to-effec-1829550847). For Neanderthals.

 

\*Interestingly, though, hospital restructurings of this nature are actually [down from this time last year](https://www.healthcarefinancenews.com/news/hospital-merger-and-acquisition-activity-slows-down-third-quarter-large-scale-transactions?mkt_tok=eyJpIjoiTXprMk0yWm1aV0UxTjJZMiIsInQiOiJJR0REQjFSYzdpTERDU1RtRnRYOFpxZ1JQZnBxOUJ1RFFZRkZiK3BXZ2VtbEFrbnl6clVVTGRwMmhDMkNkVWhlaFN6R2dxT3JTc20rYmNpcXJ4YndYazM2QitqZHlOQk1maDdhTnlzaHNyYjRnRW9YODRyTzZrcGdsdGtqN09FayJ9).

 

That's it for this edition! PLEASE comment below, [email us](mailto:info@z5health.com?Subject=Five%20To%20Save), etc. Tell us what you liked. What was helpful. What you’d like to see more of. 

 

*Headline photo via Depositphotos / Z5.*

[selling medical inventory](https://www.z5inventory.com/blog/topic/selling-medical-inventory) [selling medical supplies](https://www.z5inventory.com/blog/topic/selling-medical-supplies) [mergers](https://www.z5inventory.com/blog/topic/mergers) [five to save](https://www.z5inventory.com/blog/topic/five-to-save) [customer relationship](https://www.z5inventory.com/blog/topic/customer-relationship) [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory) [buying medical inventory](https://www.z5inventory.com/blog/topic/buying-medical-inventory) [lowering healthcare costs](https://www.z5inventory.com/blog/topic/lowering-healthcare-costs) [healthcare supplies](https://www.z5inventory.com/blog/topic/healthcare-supplies) [transparency](https://www.z5inventory.com/blog/topic/transparency)

## Leave a Comment

## Related Posts

### [7/2/2018 Five To Save | Follow The Leaders | July 2, 2018](https://www.z5inventory.com/blog/five-to-save-july-2-2018)

### [1/21/2019 Five To Save | Your Hospital Is Your Business. Act Like It | Jan. 21, 2019](https://www.z5inventory.com/blog/five-to-save-jan-21-2019)

### [5/29/2018 Five To Save | You Have The Power! Redefine Your Bottom Line | May 28, 2018](https://www.z5inventory.com/blog/five-to-save-may-28-2018)

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