The operating room has huge product documentation challenges, and is missing significant top line reimbursement due to manual, error-prone recording processes.
For any business seeking to control expenses and increase profits having the ability to scan items at point of use is a must. Poor/incomplete documentation is also a big quality problem for underlying hospital business operations management data.
An estimated 90-95% of acute healthcare providers lack a system to scan consumption in the operating room, a critical revenue center. Manual, error prone processes are used to record item consumption during surgery - studies show 30% of cost documentation during surgery is missed! This is a financial disaster for hospitals as up to 60% of their product cost spend is for the O.R. It leads to:
• Bloated inventories
• Unrecorded pass through charges
• Poor surgeon value assessment
• Incomplete case cost data for DRG negotiation
• Poor patient record accuracy
• Lack of supply chain control
Every other department in the hospital scans at point of use to more accurately document, measure and control costs.
Why not the operating room? Scanning at POU in the O.R. represents a transformational opportunity for hospital financial vitality.
Every day without a Summate Trakker is a day of lost profit for a hospital. It’s that simple….