Thursday, May 19, 2011

Management Health Solutions, Inc. Announces Optimal Inventory ControlSM (OPTICSM) Solution


Management Health Solutions, Inc. (MHS), the leading provider of clinical supply chain solutions, announced today the launch of the company’s Optimal Inventory ControlSM (OPTICSM) Solution. OPTICSM is the only flexible, three-step solution that reduces the cost of clinical supplies through superior control over the clinical supply process. MHS draws on extensive experience working with leading health systems and detailed knowledge of the latest technologies, leading supply chain practices and implementation methodologies in its approach to the clinical supply inventory management process.

OPTICSM drives sustainable improvements in the clinical supply chain by identifying areas of weakness and implementing inventory management best-practices. By counting clinical supplies and analyzing clinical supply data, MHS is able to quantify reduction opportunities and identify excess and obsolete inventory positions. Inventory data is cleansed and maintained by ISO-certified content management experts to ensure clinical inventory data is reliable and drives smart decisions. Working with your data, MHS provides process improvement strategies by mapping the supply process flow and supports handheld technology automation to maintain PAR levels and drive re-ordering.

OPTICSM creates considerable cost reduction opportunities, including a significant reduction in hospitals’ inventory investment and supply spend, as well as increased utilization of existing IT investments. Identification of expired product increases patient safety and limits liability.

“OPTIC is the only existing service that meets the demands of strained health systems that are trying to succeed in a constantly changing environment,” said Bill Zierolf, President and CEO of MHS. “Other services rely on expensive materials management software which is dependent on proper data entry or standard inventory management strategies which don’t take into account the problems specific to stocking clinical items. OPTIC is driven by the clinical inventory that is on your hospital’s shelves so Materials Management and Finance can be sure that they are working with the best strategies and most accurate figures.”

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