Patrick Littlefield, Founder and Chairman of WaveMark, Presents Seminar to CIHL Campus Team
Abstract:
The talk focuse on supply chain challenges and opportunities for supplier and provider participants in the supply chain for high dollar Physician Preference Items (PPI) in the Healthcare Supply chain. According to Lawton Burns* supply chain costs in healthcare represent 38% of the cost of goods sold. In the presentation we explored the supply chain dynamics for medical devices in the specialty suites of the hospital including the Cardiac Cath Lab, the Interventional Radiology Lab, the Electrophysiology Lab and the OR. With these topics as a background Mr. Littlefield shared WaveMark’s experience to date with its real time information network and then explored related opportunities to create both immediate efficiencies and new supply chain models for the industry such as VMI or co-managed inventories.
*The Health Care Value Chain, Lawton Burns and Colleagues, Jossey-Bass, 2002
Biography:
Patrick formed WaveMark in 2003 in response to long-standing problems in the medical device consignment supply chain. The launch of WaveMark and its use of RFID technology to solve this problem culminated years of hospital research, technology innovation and his profound commitment to creating customer value and developing the appropriate technology to meet business needs. Patrick has more than 14 years of experience in technology companies and a proven track record of success in closing high-value sales. Prior to WaveMark, Patrick was the VP for Customer Operations at Conjoin, which developed a web application for improved measurement of sales results. This application pioneered the “sales effectiveness” segment now tracked by Gartner and others. Before Conjoin, Patrick was the Senior VP at Omega Performance focused on product development and revenue generation through large sales to companies such as Key Bank and State Farm Insurance.
Before embarking on his high-tech career, Patrick spent 12 years as a professional composer, musician, and faculty member at Harvard. He holds a Ph.D. from Harvard in Music Composition and a BA from the New England Conservatory.