Reliable Inventory Management Solutions

Posted Wednesday, May 25, 2022

Did You Know? Approximately 10-20% of hospital inventory gets misplaced each year

Improving Practice Efficiency with Inventory Management

Automated Inventory Management systems can help alleviate administrative burden and reduce physician burnout 

01 | Product Control

Matrix GPO offers members a diverse portfolio of services designed to improve practice efficiency. Among these are customized inventory management systems which allow for complete control and monitoring of your practice’s products. We provide thorough records of access and dispense logs to ensure your inventory is used properly with authorized access. With increased security and supervision of medications, controlled substances and general supplies, your practice can focus on what matters most — your patients. Inventory management controls assist with:

• Improved accuracy of medication administration
• Dosage control
• Expiration management
• DEA compliance
• Patient care efficiencies
• Billing accuracy

02 | Automated Systems

Inventory management systems help maintain and monitor necessary product quantities. These programs can easily display and report current inventory and inventory history. Information in product usage allows for proactive action into adjusting order quantity for improved efficiency. Systems can be implemented to automatically generate orders based on the minimum and maximum levels set in the program. These systems can also have automation of charge capture in areas prone to inaccurate charges like treatment, surgery, lab and back stock.

03 | Diverse Options

Matrix GPO recognizes that inventory needs may vary from one practice to the next. In order to accommodate, we offer numerous inventory tracking methods and systems that can be selected to cater to your practice. Whether a practice is monitoring food and nutrition, large items, laundry, temperature-controlled products, general supply, medications, etc., there is an inventory management solution that can benefit even the smallest practice. After properly evaluating the current inventory needs and goals of a practice, a system can be chosen that provides all the benefits for a more efficient and effective practice.

Learn More

Contact us today to learn more about inventory management services and resources available to Matrix GPO members, as well as new and exciting services available to the health care industry. Click here to visit the Matrix GPO website and fill out an enrollment form.

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References

 

https://matrixgpo.com/Content/gpo-overview

https://blog.ezofficeinventory.com/

https://technologyadvice.com/blog/healthcare/medical-inventory-management-doctors/