Thursday, January 29, 2014 | 2:00 PM EST
Each year there is significant waste in the supply chains for Physician Preference Items (PPI), amounting to a staggering $5 billion in annual losses.* This is no longer a problem for healthcare providers alone, but a broader concern impacting the entire industry from point of manufacture to point of use. And the traditional PPI supply chain model is a thing of the past that doesn’t work well for anyone. A lack of action is no longer an option.
A large, prominent IDN, a major medical device vendor and Cardinal Health recently came together to address this unique business challenge. Hear the story of how the implementation of an innovative end-to-end solution drove significant efficiencies and waste reduction, without compromising clinical satisfaction. Powered by an RFID-enabled analytics platform, the solution provided unprecedented visibility and intelligence, reducing par levels on consigned items, virtually eliminating product expirations and reducing the total cost of inventory.
*PNC Healthcare; GHX quantitative research study (August 2011)
After this webinar, you will be able to:
– Identify common issues and problems faced in your healthcare supply chain
– Estimate a ROI to support a RFID investment in your hospital
– Identify alternative, cost effective ways to manage your inventory
– Describe a phased approach toward a large enterprise implementation
– Manage your consigned and bulk inventory proactively
Presenter:
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
