September 17, 2024 – After labor, hospital provides are the second largest hospital expense, and managing such product inventories is complicated. When Northwestern Medication confronted vital challenges managing its hospital provides stock, the group carried out a complete high quality enchancment initiative and turned to Cardinal Well being WaveMark™ Options for assist. The big hospital system adopted WaveMark™ medical provide chain know-how to trace and report on the use, non-use, and placement of provides—all aimed toward lowering waste in working rooms/procedures, inefficiencies, employees frustration, and potential dangers to the standard of care.

After implementing and optimizing the WaveMark™ answer throughout 37 surgical and procedural departments inside 11 hospitals, Northwestern noticed a dramatic enchancment in its provide chain. The system improved product expiration by 78% and stock waste by 50% with an 11% discount in owned stock.

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