| February - 2009 | GPO, Provider & Supplier | ||
We hope you find this issue of the NCI - GPO, Provider, Supplier - Newsletter a valuable resource. IN THIS ISSUE:
• Corporate Accounts Survey |
Inventory Management - Clinical Supply Inventory management in the clinical care areas of hospitals is a matter of serious concern. The fact is, even many of the best hospitals do not have accurate, up-to-date data about the supplies they're buying, using, and storing in operating and emergency rooms, pharmacies, cath labs and other facilities. It's a costly problem, to be sure. At any given time, the average 350-bed hospital has roughly $2 million in clinical supply inventory in its operating rooms alone. Yet up to 30% of the items - or $450,000 in inventory - may not be in the item master. These items were likely purchased without the benefit of approved contract discounts, which could have reduced the cost by 20% or more. At a time when hospitals are doing everything possible to contain costs, that's simply wasted money.
The nation's third largest hospital company, Universal Health Services (UHS), recognized that they needed to seek a partner to help them tackle a significant problem with their clinical supply chain process. Survey -Compliments of StratCenter
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March 1-4, 2009 Federation of American Hospitals - Public Policy Conference and Business Exposition [Register]
March 31 - April 2, 2009 IDN Summit and Expo April 13-17, 2009 2009 MedAssets Healthcare Business Summit |
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Thank you for your responses to the newsletter articles . . . We look forward to hear your perspective! Newsletter Articles and Comments |
The Federation of American Hospitals (FAH) will hold their Annual Public Policy Conference and Business Exposition at the Marriott Wardman Park Hotel in Washington, DC, March 1-4, 2009. Why is this important to you?
Supplier partners will join GPOs and IDNs for almost three full days of networking opportunities. The Federation strives to provide a venue for a productive work environment, as well as a good educational environment, for healthcare buyers and suppliers. This is accomplished through educational sessions, exposition time and social functions. For the suppliers, the meeting is a real treat and value, as the buying group representatives (customer) is working the exposition Service Center (booth). This format does two things:
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