As hospital executives look for new opportunities to reduce costs in an era when value is taking over for volume, the supply chain is increasingly coming in to focus. For too long, hospital supply chains – more specifically the procedures for managing surgical implants and supplies that make up a large share of supply costs […]
The Key Inventory Management Metric For Hospitals To Track Read More »
PAR levels (or periodic automatic replenishment levels) have been used in industry for decades to help businesses of all kinds keep just the right amount of inventory on hand without suffering from excess. Many hospitals solely rely on “gut feel” in order to understand how many items of each product type they should keep on
How A Periodic Update Of Your PAR Levels Can Save Your Hospital Millions Read More »
The healthcare supply chain is increasingly being looked at as a new frontier in hospital cost containment. With the supply chain making up the 2nd largest expense category for healthcare providers, there is ample opportunity to drive costs out of the supply chain to boost profitability at hospitals. What if there was a way to
How To Turn Supply Chain Waste Into A Revenue Opportunity Read More »
As hospitals grapple with increasing costs and declining reimbursements, reducing expenses has become an important tool for hospital CFOs to use to improve profitability. This contrasts greatly with hospital strategies from a decade ago that relied solely on increasing revenues to increase profitability. Key areas that hospitals have been focusing on are their labor and
Hospital Inventory Management In A Data-Driven World Read More »
With the numerous reports coming out lately about the difficulty in cleaning endoscopes and ensuring complete disinfection, the mainstream media has started to coach patients on how to select a hospital that’s right for their scope-related procedures. With the concern for scope safety increasing every day, facilities must now prepare to answer tough questions about
How Patients Are Being Coached To Question Their Hospital’s Scope Cleaning Practices Read More »
The United States Food & Drug Administration (FDA) and its European equivalents are currently conducting a real-world pilot aimed at bringing unique device identifiers (UDIs) one step closer to reality. 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
UDI One Step Closer To Reality Read More »
The Advisory Board recently shared the results of its Annual Health Care CEO Survey. The survey asked hospital CEOs to rank their concern over a wide range of topics across the healthcare spectrum. In a break from prior years, both of the top 2 concerns revolved around cost structure and management. While growing their hospitals
Cost Control Takes Top 2 Spots In Survey Of Priorities For Hospital Executives Read More »
There are many reasons why hospitals choose to consign the expensive implants and supplies that they use in surgical settings. However, deciding to consign a product without continuously analyzing that decision can be costing your hospital millions of dollars each year. Read on to find out some best practices when it comes to reducing the
How A Periodic Evaluation Of Your Consigned Inventory Can Save Your Hospital Millions Read More »
Does this scenario sound familiar to you? Your hospital has a great set of processes and protocols in place when it comes to reprocessing your flexible endoscopes. You even have a great system for logging clean scopes in and out of your scope storage areas. You believe that your staff are properly trained, re-certified and
Caught In The Act: Can You Stop Dirty Scopes From Being Stored With Your Clean Scopes? Read More »
A new study has shown that flexible bronchoscopes that were reprocessed according to institutional standards at several US hospitals were still found to be dirty in a majority of the cases. The study was presented at the 2018 Association for Professionals in Infection Control (APIC) Conference. The study on bronchoscopes now joins other recent studies
Study Shows Bronchoscopes Still Dirty After Reprocessing Read More »