ASC supply chain tip of the day: Optimize inventory

Devices, implants and medical supplies are among ASC’s greatest expenses, according to Westchester, Ill.-based Regent Surgical Health.

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Regent shared the following supply chain tip on their blog:

“Carrying more inventory than necessary ties up a facility’s working capital and may put an ASC in a cash crunch. Tracking key performance indicators such as inventory turnover and days in inventory also helps with maintaining supplies.”

More articles on supply chain:
3 key questions ASC supply chain managers should ask themselves
Surgery Partners ASC invests in new equipment
3 recent updates on Medline

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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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

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