Mhs overview 021411
-
Upload
katie112723 -
Category
Business
-
view
460 -
download
0
description
Transcript of Mhs overview 021411
Executive Overview
Mobile Supply Chain Execution
MHS is revolutionizing the supply chain across the Healthcare Industry
Management Health Solutions (“MHS”) is a premiere healthcare information technology organization that provides mobile supply chain software modules, professional services, master data management and inventory valuation services to hospitals and healthcare systems nationwide.
We help hospitals save money and improve patient care by combining services with technology to optimize supply chain operations. MHS Team
15 - 25% reduction in inventory levels 2.5 - 5% savings in supply spend 30 to 40% savings in cost of conducting inventories & file
management
Benefits
CLINICIAN BENEFITS
Improved patient experience by ensuring critical items are available on time, every time
Enhanced patient safety by eliminating expiration and recalled products
Free clinician time from supply chain activities
FINANCIAL BENEFITS
500% average Return on Investment Gain control of Physician Preference
Items Increase hospital revenue
automated charge pickup
MHS delivers significant savings to its customers
MHS works with over 1000 hospitals nationwide
Executives across the industry are focused on supply chain savings
OR INVENTORY (65%)
CATHLAB
SPECIALS
STORE &OTHERS
Clinical Inventories represent the majority of Inventory dollars
Areas of concern in daily operations
MHS solutions benefit several stakeholders
PATIENT Reduced risk from exposure to recalled /expired supplies Ensure Availability of critical items when needed
CLINICIAN More dependable and have more time for patient care Confidence in the supply chain system that right supplies will be at the right place at
the right time
SUPPLY CHAIN MANAGEMENT Reduced inventory levels and established appropriate par level to meet demands Consistently provide accurate data to management
Total Supply Chain Solution
Discover Conduct physical inventory and review internal processes Analyze historical and transactional data Quantify inventory reduction opportunity Evaluate existing info system infrastructure
Implement Mobile Supply Chain software solutions for clinical, warehouse and
distribution functions Master data management program – aggregate, clean, enrich and
maintain item masters Monitor and optimize the flow of supplies, alerts & recalls, usage
through mobile supply chain reporting
Optimize Implement streamlined supply chain process improvement practices Create visibility into inventory management through online portal Leverage analytical reports to establish feedback loops
MHS has demonstrated average Return on Investment of 500%
“The PAR leveling analysis tools developed by MHS allowed us to reduce PAR levels while improving service. In short, MHS provided the ability to turn our vision into a reality.”George Malik VP, Material Management
Our software automates Warehouse inventory management processes
PUT AWAY Scanned product and locations
insuring accuracy Multiple users on a single putaway
plan
PICK Tracks items picked Automates replenishment orders Custom shipping labels can be
printed from handheld
STOCK ISSUE Automates ad hoc inventory
supply requests Tracks returned items and
update inventory real-time
CYCLE COUNT Performs regular cycle counts
by physically reviewing inventory using handhelds
Ensures information is accurate before transmitting to MMIS
Automates the cycle count process to ensure accurate inventory data
RECEIVE Automates PO and Non- PO
orders at point of receipt Capture Lot and Serial# at
time of receiving Generate bar code labels
Our handheld technology enables customers to automate the Distribution & replenishment process
RECEIVE Automates PO and Non- PO orders at
point of receipt of supplies Able to capture Lot and Serial# at time
of receiving and generate bar code labels
Real-time MMIS integration
DELIVER Delivers and tracks picked, non-
stock and non-PO packages Records recipient information
and capture electronic signatures on handhelds
Tracks delivery attempts and print deliver receipts on mobile printers
CART COUNT Automates counting of items
and replenish Helps manage Par locations
based on schedule and allocation
Automates order replenishments
CASE CART Automated supply process for surgery Supports management of multiple product
categories Integrates with existing MMIS, billing and
surgical systems Tracks usage patterns and provides analytical
reports to create further efficiencies
POINT OF USE Ensure precise inventory levels at point of
use and ensures billing accuracy Track expiry of items Define replenishment levels by type of
items Put away received items and track back
ordered items
Our Clinical software solution offers the ability to automate multiple supply management processes
RECEIVE Automates PO and Non- PO orders at point
of receipt of supplies Able to capture Lot and Serial# at time of
receiving and generate bar code labels Real-time MMIS integration
DELIVER Delivers and tracks picked, non-stock and
non-PO packages Records recipient information and capture
electronic signatures on handhelds Tracks delivery attempts and print deliver
receipts on mobile printers
INVENTORY VALUATION SERVICES Establishes accurate & auditable
baseline inventory for Capital, pharmacy & medical surgical inventories
Standardizes physical inventory and reporting process
MASTER DATA MANAGEMENT Cleans data master file &
extends management of item master & surgical preference cards
Standardizes data through alignment & category management
PROFESSIONAL SERVICES Provides further optimization of inventory value Offers in-depth assessment of the supply process Recommends efficient benchmarks for workforce
management Establishes long-term management and
automation of supply chain
“We found the inventory process to be very good this year, reports were delivered in a rapid timeframe, we were being updated regularly by the MHS Team Lead and we were kept in the loop on the entire inventory. We are recommending we always use MHS for the inventory”Nina KizerMaterial ManagerHMA Springhill
Professional Services Integrated with the supply chain delivers complete customized solutions
Dashboard displays for low stock, expiry alerts, current inventory valuation
Ability to review, edit and approve patient charge transaction
Provides real-time or batch uploads and downloads with wireless or cradle docking
Ability to gain visibility of product movement within entire organization
Ability to view event timings and delivery performance Capable of generating workforce productivity reports
All our software applications and services are designed to provide Visibility and Intelligence
Interactive Online PortalReal Time ReportingCustomized Data Views
BENEFITS
Improve revenue capture with accurate tracking of items used for each patient Efficient management of supplier contracts – track rebates, optimize pricing through
consolidation opportunities, understand dependencies Savings opportunities are identified through analysis of buying patterns and inventory
optimization
OUR APPROACH
An engagement involves a Discovery phase to understand the current context and identify opportunities for improvement.
The Implementation involves preparing and managing data, integrating our technology solutions and training staff to use our solutions to automate supply management.
Our Optimization service offers consulting and implementation to uncover additional opportunities by further streamlining and re-engineering the supply chain.
MHS drives significant and measurable benefits for hospitals
Management Health Solutions, Inc. Acquires AtPar IncPartnership extends seamless mobile technology to MHS providers
Management Health Solutions, Inc. (MHS) announced its acquisition of AtPar Inc., a leading developer of mobile supply chain software. The acquisition advances MHS’s clinical inventory management solution and is the organization’s next step in helping hospitals curb the rising cost of healthcare through innovative clinical materials management processes. A subsidiary of Management Health Solutions, Inc. (MHS), AtPar Inc. is a supply chain execution software company offering a suite of well-integrated, feature-rich supply chain execution applications on handhelds that deliver business benefits in a short duration while maintaining a low cost of purchase and maintenance.
Management Health Solutions Acquires Hospital Inventories SpecialistsCombined Company Positioned as Leading Mobile Supply Chain Software and Inventory Management Solutions Provider to U.S. Hospitals
Management Health Solutions has acquired Hospital Inventories Specialists (“HISI”), a leading provider of inventory management solutions and analytical services founded in 1982. With the acquisition, MHS will nearly double its customer base and market share, and offer clients a larger repertoire of analytical tools, additional benchmark data and deep healthcare domain expertise.
Management Health Solutions Inc.501 Kings Highway East
Fairfield, CT 06825
www.mhsinc.com