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Working Capital Optimization: Safety Stock

When it comes to inventory management, companies often underestimate the importance of safety stock and the need to maintain optimal levels.  While it may seem like the path of least resistance from a service level standpoint, holding excessive inventory stock level leads to suboptimal working capital management and, as a result, hurts profitability by curbing… read more →




Fast In Fast Out: Improving Patient Discharge and Increasing Throughput

Hospital emergency departments are fast-paced environments where physicians and nurses race against time to deliver care to patients. To be effective, hospitals rely on metrics to assess the performance of their emergency departments. One such metric is discharge time which is the time it takes for a patient to be seen and discharged. The discharge… read more →




Driving Operating Room Optimization From Outside the O.R.

Optimizing operating rooms is a difficult undertaking because there are so many variables involved, including doctors and staff with myriad responsibilities.   It’s hard to know where to start.  How do you prioritize tasks and which responsibilities take precedence? Does the process have an actively managed and well supported set of steps?  Do all team… read more →




Medical Equipment Inventory – A Key Part of Supply Chain Optimization

When maintained correctly, medical equipment inventory becomes an important part of improving equipment management in a healthcare organization, which in turn plays a key role in enhancing the company’s bottom line.   With better equipment management comes improved access to, quality of, and use of medical devices; as well as constructive insight into the company’s… read more →




Management Consulting in Healthcare

In their work, management consultants use their skills, knowledge, and expertise to enhance management and organizational performance by driving process improvements.  The changes they generate and implement bring value to a company through proactive and reactive improvement efforts that can help any organization course-correct its operations and obtain higher standards of performance and efficiency.  What… read more →




Inventory as a Tool – A Healthcare Perspective

For healthcare organizations, inventory can be an important and powerful tool for controlling effective equipment management programs and providing better access to, quality of, and utilization of medical devices.    Accurately managed inventory can also be used for forecasting, developing budgets, performing risk analysis, risk management and mitigation, developing replacement and disposal practices, maximizing optimal… read more →




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