Supply Chain

How To Use Predictive Analytics In The Hospital Supply Chain

Big Data, Cost Reduction, Hospital Finance, Hospital IT, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

Many hospitals still rely on manual processes or antiquated technologies for managing their expensive supplies and implants. The concept of predictive analytics and artificial intelligence (AI) in their supply chains may seem like a remote possibility, but this doesn’t necessarily have to be the case. Advances in hospital supply chain technologies over the last decade […]

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How To Link Patient Outcomes To Medical Devices Using UDI

Big Data, Clinical Documentation, Hospital IT, Hospital Management, Operational Efficiency, Regulatory Compliance, Supply Chain, The Business of Surgery /

The United States Food & Drug Administration (FDA) is touting the benefits of tying unique device identifiers (UDIs) on medical devices to patient outcomes via electronic medical records. UDIs have been a long-term dream for many in healthcare, who view the ability to track and trace medical devices using unique item-level codes as a true

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How To Create Accountability With RFID Technology

Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

The procedural areas of hospitals, including the Cath and EP Labs, Interventional Radiology and the Operating Rooms, typically go through tens of millions of dollars per year in expensive implants and supplies. With so many different individuals – from reps, to techs, to nurses, to physicians – touching those expensive supplies, what can hospitals do

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How RFID Can Streamline Your Hospital’s Supply Chain

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

With hospitals turning over every cushion to find new ways to reduce costs without sacrificing quality of care, RFID technology is coming up more often as a worthwhile technology to consider in order to save millions of dollars per year. One of the most effective use cases for RFID technology in healthcare is to track

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Leading Heart Hospital Expands Use Of Supply Automation System From Mobile Aspects To Increase Efficiencies

Cost Reduction, Hospital Finance, Hospital Management, Operating Rooms, Operational Efficiency, Supply Chain, The Business of Surgery /

A leading heart hospital in Texas has expanded its use of a leading supply automation technology to reduce costs and increase efficiencies in its Operating Rooms (ORs). The hospital has been regarded as one of the top cardiology focused hospitals in the state of Texas since it opened over a decade ago. The hospital has

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Are Stock Outs Giving You Headaches? How To Eliminate Them With Supply Automation Software

Cath Lab, Cost Reduction, Hospital Finance, Hospital Management, Operating Rooms, Operational Efficiency, Patient Safety, Radiology, Supply Chain, The Business of Surgery, Tissue Management /

With many hospitals still relying on manual processes or antiquated technologies for managing their expensive supplies and implants, they are facing a multitude of consequences that are affecting their ability to provide safe and efficient healthcare. Some of the consequences of inadequate supply management techniques include using expired implants, gross overstocking of supplies, poor revenue

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Why Hospitals Need To Re-Evaluate Their Supply Chain Automation Efforts

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

Over the last decade, hospitals have made a varying amount of investments into their supply chains to drive costs out of their organizations. While many hospitals have been at the forefront of moving to automation technologies such as RFID and bar-coding, many other hospitals still rely on pen and paper-based manual processes to run their

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Survey: Better Supply Chain Management Will Boost Margins Significantly

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

According to a recent survey, most hospital executives agreed that better supply chain management can increase profit margins by up to 3%. However, these same executives agreed that not enough investment in supply chain technologies and improvements have been made and that supply chain departments are using outdated technology to accomplish their mission. The survey,

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How To Save Hours A Week By Automating Your Daily Re-Order Process

Cath Lab, Cost Reduction, Hospital Finance, Hospital Management, Operating Rooms, Operational Efficiency, Radiology, Supply Chain, The Business of Surgery /

The typical procedural area in a medium or large hospital spends hours per week generating the daily re-order list of their important supplies and implants. The typical procedural area, like a Cath Lab, EP Lab, Vascular Operating Room or Interventional Radiology Department, spends those hours doing manual, inexact tasks such as “eyeballing” inventory to find

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How A Health System Saved Over $70 Million Through Physician-Led Supply Chain Committees

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

Louisville, Kentucky-based Baptist Health has revealed that it has saved over $70 million dollars by taking a fresh approach to its supply chain. By focusing on clinically-led processes that include physicians in the decision-making, the health system has driven cost-savings that many can only dream of. Using physician-led councils across its various service lines, the

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