Custom Procedure Trays (CPTs) create efficiencies in hospital work flow and inventory management.
By Joseph A. Jackson, managing director, Strategic Healthcare Services LLC
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Having a platform that allows for accurate data capture and analytics enables savings opportunities for health systems.
By Jack Simmons, NVP commercial services, Cardinal Health and Wavemark
Implementing a Low Unit of Measure (LUM) program at your organization has many benefits beyond reducing inventory. LUM can act as a catalyst in implementing other associated LEAN principles such as streamlining staff, processes and technology. All of which will increase efficiencies and reduce redundancy and waste in your supply chain.
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Organizations rely on multiple strategies to reduce waste and control costs, while providing the best possible medical outcome for patients. Standardization, investment in new technologies and inventory management automation (Point-of-Use Systems) are a few strategies that organizations can use to realize cost savings and waste reduction.
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Smart KPIs are absolutely essential in the health care supply chain because they provide hospitals with the data visibility that is necessary for guiding and achieving inventory optimization and cost savings goals and controlling supply spend; they are, in fact, the cornerstone of a competitive and more strategy-oriented supply chain.
Blockchain technology provides a promising future for health care by improving the transparency in products and processes while providing advanced security measures to protect patients and confidential data.
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Collecting and analyzing data has been a top priority for the healthcare supply chain in recent years. Health systems have been on a quest to find the right data. Data with the power to unveil some of the long-elusive mysteries behind supply usage and costs to help make smarter product and technology decisions, ultimately reducing cost and enhancing patient care
By: Richard Bagley
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By: Carola Endicott
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. As the hospital pharmacy landscape continues to become more and more complex, hospitals and health systems need to understand that better management of the medication supply chain will help balance ever-evolving fiscal challenges.
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. When supply chain analytics are enabled by the right data collection technology, they have the power to help hospital leaders better predict, trend and analyze product utilization information at every touch point throughout the enterprise.
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. In the healthcare field, products that are labeled with RFID tags help both the provider and supplier be more efficient and effective in managing inventory levels. In turn, this improved inventory management helps healthcare systems and suppliers have better, more accurate conversations about what products are being consumed at the bedside. Cook Medical is a sponsor of the Cost, Quality, and Outcomes (CQO) Movement.
Medical device manufacturers have been working hard to comply with the new Unique Device Identification (UDI) regulations from the FDA that are aimed at bolstering the safety of medical devices. The UDI system, which the agency says will be phased in over several years, is intended to improve patient safety, modernize device post-market surveillance, and facilitate medical device innovation. The FDA program leverages human and machine-readable UDI labeling for identifying medical devices, and device labelers must submit information about each device to the FDA’s Global UDI Database.