OR Supply Chain Management
In most hospitals the operating room accounts for 1/3 or more of total supply expense, more than 1/2 of total inventory value, and likely fully 1/2 of gross revenue. If the supply chain within the OR is not effectively managed, millions of dollars may be at stake.
Unless there is dedicated supply chain expertise in the OR, it is likely that the staff responsible for purchasing, inventory management, consignment, contract conversions, etc. were never formally trained to do these tasks. While much of supply chain management is "common sense," this often not apparent until you know understand the hows and whys. Without training and depth of experience in supply chain management within the OR, we frequently accept accept supplier and OR staff behaviors that unnecessariliy increase operating expense.
Healthcare Cost Solutions has extensive experience in the Operating Room, including:
- Spend analysis and contracting strategies for:
- High-cost physician preference items
- Purchased services
- Custom procedure trays
- Instruments
- Capital equipment
- Value Analysis in the OR
- Inventory management, including
- Inventory valuation
- Overall inventory policies and business processes
- Consignment inventories
- Perpetual inventory in the operating room
- Inventory optimization - reorder points, reorder quantities based on actual order history
- OR Information System (ORIS) to Materials Management Information System (MMIS)/Enterprise Resource Planning (ERP) System interfaces
- Clinician friendly item naming
- Item update interface from MMIS/ERP system to ORIS
- Inventory depletion interface from ORIS to MMIS/ERP
- Operational integration of these interfaces
- Leveraging the information captured through these interfaces, using business intelligence
- Preference List Optimization
- Cost per case analysis
- Quantifying costs per procedure by surgeon
- Utilizing resource utilization data to gain surgeon support in reducing variation and cost while improving patient outcomes. See PCOE for more information.
- Operating Room supply chain workflow analysis and redesign
We welcome the opportunity to learn about your needs and will be happy to submit a proposal to do any of the work cited above.
See also Clinical Utilization Management