3 takeaways from Mankato Surgery Center's inventory overhaul

Intalere, a healthcare group purchasing organization, highlighted how Mankato (Minn.) Surgery Center tackled product nomenclature inconsistencies, consignment inventory inaccuracies and inventory count inaccuracies.

Three takeaways:

1. Mankato Surgery Center created an Inventory Efficiency Workgroup. The workgroup discovered 7 percent of Item Master List products were either misidentified or involved inconsistent nomenclature, which took 60-plus hours to correct.

2. Staff removed vendor-owed inventory from the consignment list to accurately calculate inventory value.

3. The workgroup's efforts corrected the artificially high value of inventory, which had occurred as a result of shortcuts to save computer keystrokes.

More articles on supply chain:
5 must-read articles for the ASC industry this week: March 8-14
Jennifer Duke chosen as ValueHealth's new market development president: 3 details
4 ways ASCs can help teams adopt new technology

 

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months