Inventory Management Solution for Hospitals

Effective patient care requires that the right medical supplies are available and ready for use when needed. However, maintaining appropriate inventory levels or finding items can be very challenging when you have to rely on a manual process. In order to provide for convenience, most hospitals hold large inventories which tie up cash – the lifeblood of effective operations. Large inventories also make it difficult to track expiration dates and to make sure that items are being billed for correctly.  Research shows that annual inventory carrying cost averages between 15 percent and 40 percent of the dollar value of the inventory, which is a huge burden to carry for healthcare providers.

But what if you could…

Our clients realize value every single day! Why? Because the Inventory Management solution from Intelligent InSites provides our clients with not only the technology platform but also the process expertise and methodologies to effectively manage their inventory and achieve the quantifiable results they expect.

With InSites, you will be able to:

Improve your staff productivity and patient throughput

Stop asking your staff to spend time searching for supplies. With InSites, your staff can quickly determine availability and location of inventory items they need. The result - your nurses and clinicians can focus on delivering patient care better and faster and patients get better care because the items needed for their care are available when needed.

Enhance patient safety and reduce liability exposure

With InSites, you will have full confidence that expired and recalled products never reach a patient. Plus, using the information about the current location of these products enables you to quickly remove them from your facility. Patient safety is a priority! Imagine a system being able to automatically send alerts should expired or recalled items leave a store room or enter an area where they could be used on a patient.

Prevent shrinkage automatically

Set alerts to better manage the supply and distribution of expensive medical items and controlled substances (medications) throughout the facility. Your staff will be notified instantly when an item leaves a designated area, so they can take appropriate action.

Avoid “out-of-stock” situations

Are you still relying on your memory or your vendors to decide when you should be reordering?  With InSites in place, you can automatically collect information on inventory levels to accurately manage supplies. You will be notified when supply levels reach your predetermined re-order points, and either remind you to place the order, or place the order with your vendor automatically.  Either way you save time, avoid the “out-of-stock” situation, and avoid the costs of emergency deliveries.

Minimize your “at-rest” inventory to free up cash

You can’t count on a visual inspection of your on-hand inventory as a way to cut your inventory surplus. However, by utilizing technology to keep track of your supply levels, you will finally be able to identify overstock items so you can better utilize supplies you already have and eliminate unnecessary purchases.

Accurately track the use of medical supplies to improve your revenue

InSites’ clients improve their charge capture by knowing exactly what medical supplies were used during patient care delivery. That’s the icing on a cake for your financial department.

At Intelligent InSites, we are focused on helping you realize REAL OUTCOMES to REAL SITUATIONS. There is a lot of value, but we know you need to be able to prove how any investment delivers a return. Our team focuses on this during all stages of our engagement with our clients. Interested in learning more? We’d love to be able to walk you through the Six Steps to the Real-Time Enterprise and determine where that bottom line impact is for you.

info@intelligentinsites.com • 1-866-520-9113