Five Minutes in Healthcare - Michael Needham

por Philip F. Jacobus, CEO | June 04, 2025

Michael Needham

Five Minutes in Healthcare is where I discuss current events with some of the industry's most influential leaders.

Today I am joined by Michael Needham, principal at Efficio Consulting, one of the largest procurement consulting firms in the world, for an insightful conversation about healthcare spending and efficiency.

Michael has 20+ years of experience working across the pharmaceutical manufacturing, medical device development, healthcare services and CPG sectors, and his expertise lies in rapid value creation and turnaround for organizations in financial difficulty.

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During our talk, we explore the ways that hospitals sometimes get stuck in costly routines with vendors, the potential impact of tariffs on an increasingly global supply chain, and the criticality of both agility and transparency when assessing expenses.

We hope you enjoy the conversation.

Please tell us what you think, and let us know who you would like to see interviewed next.

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About Phil Jacobus

Phil Jacobus has been involved in health care since 1977, when he visited China to sell equipment. He has done business in 35 countries and still travels extensively. Phil is active in charity, helps rural clinics and always tries to help DOTmed users when he can.

Phil is a member of AHRA, HFMA, AAMI and the Cryogenic Society of America. He has contributed to a number of magazines and journals and has addressed trade groups.

Phil's proudest achievement is that he has been happily married to his wife Barbara since 1989, who helped him found DOTmed in 1998.



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