Cost Benefit Analysis Using SteriTite ® Containers & MediTray ® Inserts Copyright 2003, Revised...
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Transcript of Cost Benefit Analysis Using SteriTite ® Containers & MediTray ® Inserts Copyright 2003, Revised...
![Page 1: Cost Benefit Analysis Using SteriTite ® Containers & MediTray ® Inserts Copyright 2003, Revised 2013.](https://reader035.fdocuments.net/reader035/viewer/2022070413/5697bfee1a28abf838cb94b1/html5/thumbnails/1.jpg)
Cost Benefit Analysis
Using SteriTite® Containers&
MediTray® Inserts
Copyright 2003, Revised 2013
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Sterilization Trends
• Higher value instrumentation– More complex devices, including
endoscopes, power equipment and robotics
• Inventory control & materials planning• Reduction in labor• Reduction of costs in Central Processing• Rapid turns and volume
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Industry Trends• Muslin Wrap to Disposable Wrap to
Sealed Containers• EO Gas to STERRAD Sterilization• Single Use Devices to Re-usable
Devices• Plastic Custom Trays to Aluminum
Trays and Sealed Containers• Temperature and moisture sensitive
devices, new sterilization modalities and packaging compatibility.
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Benefits• Case Medical Universal Containers
– Using one case for all saves inventory costs – Can protect valuable instrumentation– Contributes to surgeon satisfaction– Compatible with all devices and sterilization
modalities
• Container organizer systems will reduce instrument loss and damage and be seen as a value by the customer.– Reusable components are cost effective.– Instrument protection reduces costs for repair and
replacement.
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04/21/23
SteriTite®, the Universal Container
• Compatible with every major sterilization method including STERRAD® , V-Pro, and EO
• Filter-less option for “Flash”
• High durability with corrosion resistant seal
• Flexible design reduces affiliate costs and protects devices
• Ideal for containerizing loaners
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04/21/23
Utilization
Operating Room Flash: pre-vac &
gravity
Central Processing
Steam: pre-vac & gravity, EO,
STERRAD
Instrument SafetyPersonalized
Organized
Inventory SavingsReduced Costs per Use
Productivity IncreaseReduced Labor
Reduced DisposablesQuicker Turns
Reduced Reprocessing
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Customer Gains Value• In steam sterilization
– Instrument protection– Event related storage– Cost savings in labor and processing
• In EO/STERRAD® and V-Pro® Sterilization– Reduced instrument loss, damage– Reduced handling costs– Universal container that can go to third-party
processors and/or STERRAD® Processing– Ability to sterilize flexible endoscopes
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Savings Over the Other Brand
• With 1/3 more interior volume, the number of containers needed is reduced.
• Lower profile container reduces weight and addresses ergonomic issues.
• Ability to stack inner trays within container keeps the set together for surgery and reduces inventory/shelf space.
• Ability to stack containers in the autoclave.– Saves energy and processing costs.
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Savings Over the Other Brand
• Sealed immediate use (flash) container reduces infection rates from cross contamination and staff injuries due to burns.
• Durable construction increases useful life of product and avoids added expense of repair or replacement.
• Corrosion-resistant, anodized seal provides 10x more useful life and reduces surgical site infections from galvanic reaction.
• Unconditional warranty for manufacturer’s defects avoids service charges.
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Savings Over the Other Brand• SteriTite for multiple methods of
sterilization avoids unnecessary inventory duplication.– Avoid multiple wrapped trays or different
containers for each process or set.
• SteriTite cleared for 35 lbs. total weight.– 22 lbs. of instruments and all types of
devices reduces stock.
• Dry loads avoid reprocessing costs.
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Savings Over the Other Brand
• Utilizing a lower profile container addresses ergonomic issues and reduces total weight.
• Interchangeable components reduces stock.
• Off-set filter retention plate:– Reduces time needed to inspect filter
integrity in the OR.– Eliminates need for a secondary lid, which
adds cost and weight to container.
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The SteriTite® Container System on a Per Cycle
Basis• Customer pays a similar price on a
per use basis as cost for wrap– Customer saves on wrap, tape,
absorbent liners, and other accessories. – Avoids damage and reprocessing costs.
• Lease or pay as you go option.• Expense avoids a capital purchase.• Utilize and reduce budget for wrap.
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Item Cost Quantity Total
Disposable Wrap 1.50 2 3.00
Autoclave Tape 0.10 1 0.10
Labor (per minute) 0.24 3 0.72
Disposal Cost 0.09 2 0.18
Reprocessing 0.50 0.50
Instrumentdamage reserve
0.30 0.30
Total wrap per use 4.80
Additional Costs to Consider:Cost of tray linersCost of peel pouchesCost of corner protectorsCost of dust coversRe-sterilization due to tears
Disposable Wrap System Costs Per Use:
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Linen Wrap Cost Per Use
Item Cost Quantity Total
Amortized cost of linen wrap 0.58 2 1.16
Autoclave Tape 0.10 1 0.10
Washing, patching, delintingand preparation of wrap
1.20 1.20
Reprocessing due to shelf life 0.50 0.50
Instrument damage reserve(2% / 200 cycles per year)
0.30 0.30
Total cost for linen wrap 3.26
Additional Costs Include:Labor for inspecting wrapRe-sterilization due to tearsPoor barrier for sterility maintenanceContributes to surgical site infections
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Savings Include:Eliminates Rips and Tears80% Disposable Cost Savings28% Lower Labor Costs (1/3 of time to wrap)Greatly Reduced Reprocessing
Item Cost Quantity Total
Disposable Filters* 0.10 3 0.30
Disposable Seals 0.16 2 0.32
Labor (Per Minute) 0.24 1.0 0.24
Container cost peruse **
1.30 1 1.30
Total Container per use 2.16
SteriTite® Sealed Container Costs Per Use:
* Average number of filters used in perforated bottom universal container.
** The cost per use for the container amortized over a 3 year term.
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Pricing and Value Strategy
• Value per cycle to customer =cost of inventory for duplicate containers +
cost of inventory for multiple wrapped trays + cost of wrap or cost of washing linen +
cost of inspection/repair/or multiple wrap in linen due to damage of linen +
cost of disposal of single use wraps +reprocessing costs due to short shelf life +
hidden cost of instrument damage +hidden cost of instrument loss +
personal pride in instrument
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• Save a minimum of 20% over competitive brands by eliminating the cost of additional containers for low temperature sterilization modalities or sealed immediate-use sterilization.
• Reduce container inventory by 1/3 with SteriTite® containers which provide added internal space and stacking capability.
• Save 25% on energy and reprocessing costs with stackable, low profile containers in the autoclave.
Additional Savings
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• Save an additional 25% in repair and sharpening costs using MediTray® inserts.
• Save $3,600 a year adapting an event-related sterility policy using SteriTite® containers.
• Save up to $200.00 per container in refurbishing costs.
Additional Savings
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HOSPITALEXPENSE
Sharpen Repair Savings*
Hospital A$151,494
$13,1008%
$138,39492%
$37,874
Hospital B$210,470
$38,30018%
$172,17082%
$52,618
Hospital C$251,134
$100,69140%
$154,44360%
$62,684
Reduce the Cost of Instrument Repair with MediTray® Protective InsertsInstrument Repair & Sharpening Expense
Reduce other hidden costs:Labor costs searching for replacement instrumentsExcess inventory and duplicationCost of delay and lost billingsCost of OR suite and staff time and laborRe-sterilization and reprocessing
Note: Above data based on information provided by hospitals in PA, TX and FL
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Reduce The Cost Of Instrument Repair With MediTray® Endo Trays and Inserts
Scope Repair and Sharpening Expense
Reduce other hidden costs:
Increase in laparoscopic procedures along with rising expense for repair as well as replacement costs of
scopes and endoscopic instruments.
Expense Sharpen Repair Savings*
Hospital X$192,000
$17,0008%
$175,00092%
$48,000
Hospital Y$130,000
$20,00015%
$110,00085%
$32,500
*(25% savings by reducing repair and sharpening costs based on using MediTray product in FL, PA)
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Based on labor and repair cost savings, SteriTite® containers can fully justify initial investment within one to two years.
The Value of SteriTite® Containers and MediTray® Inserts
SteriTite® sealed containers and MediTray® protective inserts provide a simple, cost-effective system for the sterilization, transport and storage of operating room instruments.
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Contact your Case Medical, Inc.® representative or visit http://www.casemed.com/ for more information about the entire MediTray® line of sterilization products.
Thank you