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O&M’s supply chain expertise allowed it to design, develop and deliver an engaging business simulation for Amerinet that enables participants to gain a big picture view of the health system financial cycle.
Owens & Minor customer, The University of Wisconsin Hospital and Clinics, had a longstanding supply chain challenge in its interventional radiology department, which handles 9,000 procedures annually in seven procedure rooms.
Yale-New Haven Hospital wanted to improve and enhance its vendor-managed suture and endomechanical inventories to better match product purchasing to usage, and to manage expenses and contract compliance. At times, the hospital was purchasing more product than needed to support its operative case volumes. This made it difficult for YNHH to ascertain the financial impact of new products and technologies in suture and endomechanical devices. It also complicated contract compliance.
In 2007, SHC’s decided to leverage its entire supply chain to support its business growth strategy and enable significant investment in infrastructure. Rex Fieck, SHC’s director of materials management, believed that an efficient, sustainable, enterprise-wide value analysis program could provide the desired results by building on SHC’s existing materials councils and successful program in perioperative services.
Longtime customer of Owens & Minor, Inova Health System sought a comprehensive, flexible spend analysis and reporting solution to identify hard-dollar savings opportunities and product sourcing strategies. Recognizing technology alone could not deliver savings, Inova wanted a supporting workflow not only to mine data, but also to translate it into actionable information.
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