Case Study: Decreased Inventory Costs in Perioperative Services
This academic medical center has some of the largest surgical centers in the country, with comprehensive inpatient and day surgery programs performing over 25,000 surgical procedures annually. Their skilled and dedicated specialists incorporate state-of-the-art techniques and technologies for routine procedures and complex surgeries.
With the hospital’s prominence in cardiothoracic surgery, the organization has experienced not only an increase in annual procedure volumes, but also a concurrent increase in the need to procure and store high cost medical devices and implants that are critical to supporting their leading edge medical care. The increased utilization of items such as heart valves and annuloplasty rings has been a catalyst in performing innovative surgical procedures that have led to marked improvements in patient outcomes. However, with this heightened role in the care delivery model, the leadership within Perioperative Services identified an opportunity to improve their operational and financial management of these items to align with their operational goals.
Read more of the case study to get a better understanding of how one academic medical center was able to decrease inventory costs in Perioperative Services.