In the past and for most of healthcare today, inventory has been managed independently from the rest of the business of providing healthcare. Recent articles ( 7 Reasons to Merge Revenue Cycle and Supply Chain Management ) have suggested the benefits of combining supply chain and revenue cycle. When you step back and look at […]
Increase Surgical Revenue – Part 1 of 3 (Charge Capture) Read More »
Often we hear, when talking with hospitals that they only expect to get a one time savings with our inventory solution. They’ll say, “With your solution, we are really only going to see a reduction in inventory on the initial install of your product. Thus, only realizing a one-time cost savings.” This has been their
Inventory Tune-Up Drives Yearly Savings Read More »
Do you shop online using Amazon or another online retail store? Have you found yourself reading over online reviews for products before you buy? If you answered “Yes”, then you probably are aware that these reviews help influence or deter you from buying something. In some form, these online reviews provide credibility and increase the
Keynote speaker–Michael Porter (noted lecturer, and consultant on Value Management) delivered a fresh perspective on orienting US Healthcare Delivery at 2015 AHA Health Forum Leadership Summit (7/23-7/25, San Francisco). Ironic, since Porter has been publishing work on value chain improvement since the 1970s. Porter’s essential message—should US Hospitals choose to accept his challenge—focused on committing
Highlights from Michael Porter – AHA 2015 Read More »
With the close of the fiscal year quarter, the Centers for Medicare & Medicaid Services has again released statistics for the amount of overpayments and underpayments. The latest report shows that the trend continues to point upward, as CMS has once again corrected more improper payments than the previous quarter, this time to the tune
Daily Dose: CMS Audit Recovers $700M of Improper Payments Read More »
Massachusetts General Hospital (MGH), a 1,000-bed teaching hospital of Harvard Medical School, and recent recipient of the #1 ranking in US News & World Reports 2012 Best Hospitals is expanding its use of radio frequency identification for surgical supply & implant tracking. Robert M. Sheridan, the director of interventional radiology spoke about the key decisions
Massachusetts General Shares Keys To Success at RFID in Healthcare 2012 Read More »
Daily Dose: Curious how the U.S. spends $2,300,000,000,000 ($2.3 Trillion) annually on Health Care? Follow @mobileaspects for a daily look at the numbers of Healthcare Recently the Wall Street Journal revealed that the number of knee replacements paid for by Medicare has more than doubled over the past two decades. Is the explosive growth of
Mobile Aspects is proud to have been in attendance at this year’s AVIR (Association of Vascular and Interventional Radiographers) conference in San Francisco, CA. 2012 marked Mobile Aspects’ first appearance at the AVIR Annual Conference as we supported Robert Sheridan of Massachusetts General Hospital (Boston, MA), during his presentation to fellow AVIR members about RFID
"The Case for RFID & Lean Supply Management" AVIR Conference March 25, 2012 Read More »
The March issue of the Journal of the American College of Radiology (JACR) features a non sponsored independent research study conducted at Massachusetts General Hospital. The article titled: Radio Frequency Identification (RFID) for Inventory Management in Neurointerventional Practice, seeks to highlight potential financial advantages, benefits to quality and safety as well as increases in staff
1) Missed charges: Hospitals with traditional paper based logging systems typically miss charges on upwards of 30% of total billable items used in cases. Even more interesting is the fact that hospitals with bar code-based inventory management systems have not solved this problem. Massachusetts General Hospital was actually able to achieve a 20% increase in
The Top 5 Reasons Your Hospital’s Operating Room is Leaking Cash Read More »