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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 →
With a core objective of maximizing customer value while minimizing waste, Lean management principles are widely used in most industries, and healthcare is no exception. FOCUS PDCA is a Lean tool developed by the Hospital Corporation of America to specifically address the complex challenges the healthcare industry faces from increasing quality demands and continued pricing pressures. The… read more →
The 5S organization system is a fundamental part of Lean consulting. A tool designed to improve efficiency, it uses a systematic approach to organization and cleanliness in the visual workplace. Like Lean, 5S was created in Japan and because the original “S” terms were in Japanese, the English translations for each of the five steps… read more →
In today’s marketplace, deciding how much inventory to carry is by no means a simple task. With the growth of eCommerce and a competitive international trading scene, inventory managers are finding it harder to make accurate projections to stock their inventories. In such a scenario, we are seeing more project managers depending on safety stock… read more →
Most hospitals define turnaround time as previous patient ‘wheels out’ to the next patient ‘wheels in’ – where ‘wheels out’ and ‘wheels in’ are the exact times that a patient bed rolls out of or into an operating room (OR). This is a key metric in determining OR efficiency, as long turnarounds reduce available operating… read more →
Hospitals across the country are reporting a constant rise in the number of patients seeking outpatient rehabilitation care. This trend is driven by several factors, with one of the most notable being the fact that insurance providers are attempting to manage costs by steering patients away from higher cost, inpatient settings. As copays are also… read more →
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