Data is a very powerful tool that surgery centers can use to continuously optimize processes and lower costs to increase margin and revenue, according to Marvella Thomas, Sr. Consultant at Cardinal Health.
Marvella recently shared the following supply chain tip with us in an article:
“With good data, you’ll be able to see how your surgery center is performing from every different angle. You’ll be able to identify case cost down to the penny – and doing so ahead of time allows you to ensure you have enough margin on your cases for them to be profitable. With outcome data, you’ll be able to tie your costs to outcomes – increasing efficiency and performance.”