With declining reimbursements, rising product costs and an increased focus on the patient experience, the time for action is now. Each year, there is up to 30 percent waste in Physician Preference Items (PPI) in the supply chain, amounting to an estimated $5 billion in annual losses. A lack of action is no longer an option; the traditional supply chain model is a thing of the past. Imagine a world with no more expired products, a large reduction in expedited product shipments and real-time visibility into inventory. This is no longer a dream. It is a reality fueled by the growth of RFID technology, logistics and inventory-management solutions capable of offering dramatically increased efficiency and cost savings, which cascade across entire health-care systems. RFID technology can link producers, purchasers and distributors which reduce waste, allow visibility of inventory in real time, enhance charge capture, and improve patient safety and clinical satisfaction—while creating a fully functional end-to-end supply chain.
After this webinar, you will be able to:
- Describe the different technology options available to optimize your supply chain
- Identify the right RFID solution for your hospital
- Understand what departments will benefit the most from RFID
- Estimate an ROI to support an RFID investment at your hospital
Presenter: Jean-Claude Saghbini, General Manager, Cardinal Health Inventory Management Solutions