Supply chain solution forecasts $7.4M in savings: ECRI

The Emergency Care Research Institute reduced costs for a 10-hospital system by over $7 million with its predictive replacement planning service.

Advertisement

The PRP service analyzes ECRI data alongside equipment use data to provide a roadmap for medical equipment management, maintenance and replacement, according to an Aug. 27 news release from the institute.

ECRI tailored its PRP service to an unnamed 10-hospital system and projected $7.4 million in savings across four categories: ultrasound systems, point-of-care equipment, critical care ventilators and hospital bed equipment.

The PRP service can reduce inventory costs, improve patient care and optimize inventory investments, ECRI said in the release.

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.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Supply Chain

Advertisement

Comments are closed.