Management Health Solutions, Inc. Procures Key Funding From Eastward Capital Partners

Management Health Solutions, Inc. (MHS), a leading provider of clinical supply chain management solutions to the health care industry, has secured key funding from Eastward Capital Partners, it was announced today by William Zierolf, Chief Executive Officer of MHS.

Based in Boston, Massachusetts, Eastward Capital Partners is a leading provider of venture debt and equity financing to technology companies backed by top-tier venture capital firms. Eastward Capital’s financing will support MHS’s continued expansion and strengthen the company's sales and marketing efforts.

“Eastward Capital Partners investment in MHS speaks to our strong position and leadership in our industry,” said Zierolf. “This funding will expedite our product development and overall business plan, and will fortify our operational proficiency, ultimately promoting our future growth in the industry.”

About Eastward Capital Partners

Eastward Capital Partners is a leading provider of venture debt and equity financing to technology companies backed by top-tier venture capital firms. Eastward works with portfolio companies to provide flexible equity sensitive solutions to their financing needs. Eastward currently has over $225 million under management and has completed more than 70 investments since 1994 in the Information Technology and Communications sectors. Eastward works with companies and their venture sponsors who have the potential to be market leaders in their industry categories. Having worked with many companies from their initial stages, Eastward has the experience, diverse network, and vision necessary to add value in its relationships with portfolio companies. For additional information, visit their website at www.eastwardcp.com.

Management Health Solutions, Inc. Selects NCI Consulting Group as Dedicated Representative to IDN's and GPO's

Fairfield, Connecticut, March 26, 2009  – Management Health Solutions, Inc. (MHS), a leading provider of clinical supply chain management solutions to the health care industry, announced today that they have selected the NCI Consulting Group, a firm specializing in medical supply chain management, as their dedicated representative to IDN’s and GPO’s.

“NCI offers unique expertise in supply chain management, unparalleled skills in strategy implementation, and a superior network of decision-makers,” said William Zierolf, Chief Executive Officer of MHS.  “Over the last 20 years, NCI has provided an exceptional service to the industry and has assisted a multitude of companies in developing value added products and services. After a detailed review, MHS is excited to team with NCI to present a joint, experienced, and comprehensive solution to the supply chain optimization challenges that our potential healthcare clients are experiencing.”

“At NCI, we made a commitment to the healthcare industry to only represent supplier clients which have a true value proposition and validated solution.” said James L. Dausch, Principal, NCI Consulting Group, LLC. “NCI confirmed Management Healthcare Solutions - Clinical Supply Chain Management offering resolves a supply chain “Pain Point” by surveying the healthcare marketplace and verified their service and technology offering is of high quality and will drive an economic impact to the bottom line of hospitals.”

ABOUT NCI CONSULTING GROUP

Since 1986, NCI has been instrumental in helping industry suppliers increase sales, improve marketing efficiency, optimize resource allocation and improve their bottom line. NCI employs an effective process and methodology to present high quality, high value suppliers to the appropriate decision makers in the healthcare marketplace. By bringing these opportunities to the marketplace, NCI makes it possible for potential customers to quickly evaluate and determine the potential impact that their healthcare organizations may be able to derive. For more information, visit their website at  www.NCI-CG.com.

Loop Joins Board of Management Health Solutions, Inc.

Fairfield, Connecticut, March 24, 2009  – Management Health Solutions, Inc. (MHS), a leader in the field of physical inventory solutions, today announced that Floyd D. Loop, M.D., the former Chairman and CEO of the Cleveland Clinic Foundation Board of Governors and current Partner in Radius Ventures, has joined the Board of Directors.

Loop became a Radius Venture Partner in 2007 after having been affiliated with The Cleveland Clinic Foundation since 1970, where he most recently served as the Chairman and Chief Executive Officer of the Board of Governors from 1989 to 2004.  Previously, Loop was Chairman of the Department of Thoracic and Cardiovascular Surgery at the Cleveland Clinic from 1975 to 1999. Loop is also the former President of the American Association for Thoracic Surgery and has served in numerous leadership roles in the areas of science and education. He currently serves on the board of directors for Athersys, Inc., a Radius portfolio company, Tenet Healthcare Corporation, and Intuitive Surgical, Inc., and several private corporate boards. He has written extensively, with over 350 publications to date, and has served on numerous healthcare editorial boards. Loop received his B.S. in Science from Purdue University and his M.D. from George Washington University.

“Dr. Loop’s accomplishments in the health care field, coupled with his leadership and vision, make him uniquely qualified to join the MHS Board of Directors,” said Michael Ferris, Co-Founder and Executive Vice-President of Operations of MHS. “We are honored to welcome Dr. Loop to our Board, and we are confident that his expertise and experience will help to guide MHS as we grow in the future.”

MAGNET Selects Management Health Solutions, Inc. as Preferred Vendor of Leading Edge Supply Chain Solutions

Fairfield, Connecticut, March 19, 2009 | Management Health Solutions, Inc. (MHS), a leader in the field of physical inventory solutions, has signed a contract with the Mid-Atlantic Group Network of Shared Services, also known as MAGNET, to be a preferred supply chain vendor for Clinical Inventory Valuation (CIV), Clinical Content Management (CCM), and Clinical Inventory Management (CIM) services. Per the terms of the contract, MHS will act in a partnership with MAGNET, a group purchasing organization (GPO) for over 11,000 providers, including hospitals, alternate care facilities, and physician practices and clinics. Consequently, MHS will be able to respond quickly to a health care organization’s needs and regional health trends.

“Our selection as one of MAGNET’s preferred suppliers is an honor for MHS,” said William Zierolf, Chief Executive Officer for MHS. “With this decision, MAGNET has expressed its confidence in MHS as a key player in our industry, and it’s a role we are happy to take on and excel at. We are pleased to accept this vote of assurance from one of the oldest, largest and most experienced shared services in the country.”

“What differentiates MAGNET from other GPO’s across the country is our unique approach to business and our continuous endeavor to increase the sophistication and level of our services as part of our commitment to our members,” said  Steven R. Duke, Vice President of MAGNET.  “It is obvious to us that MHS shares our pledge to provide quality products and services, and will take positive action in the fight to reduce health care costs.  We are confident that MHS will impart their unique assets to build a solid foundation for mutual success.”

Vincent S. Conti Named Chairman of Management Health Solutions, Inc. Advisory Board

Vincent S. Conti Named Chairman of Management Health Solutions, Inc. Advisory Board

Fairfield, Connecticut, March 5, 2009  – Management Health Solutions, Inc. (MHS), a leader in the field of clinical supply chain management, today announced that Vincent S. Conti, former President and CEO of Maine Medical Center, has been named Chairman of the company’s Advisory Board.    

“We are pleased and honored to welcome Vince Conti as the Chairman of MHS’s Advisory Board,” said William Zierolf, Chief Executive Officer of MHS. “Conti’s leadership skills, corporate and strategic experience, and history of producing measurable results in the areas of clinical and service quality will successfully guide MHS during the challenges of continued expansion and future opportunities.”

Conti was until recently the President and CEO of Maine Medical Center, a 612-bed regional medical center that consistently ranks among the country's highest rated hospitals. Conti’s accomplishments at Maine Medical included the initial development and continued refreshing of explicit vision and strategic plans for clinical, educational, and research missions at the facility. In addition, his strong focus on measurement and improvement of clinical and service quality produced measurable results leading Maine Medical Center to be nationally recognized with several awards, including a Solucient “Top 100 Hospital”, and a first time ranking in U.S. News and World Report’s listing of top 50 U.S. Hospitals in cardiac and orthopedic care. Formerly a Senior Vice President for Administration at Yale-New Haven Hospital in Connecticut, Conti is the recipient of numerous health care and community service awards. He holds a B.S. in Behavioral Psychology and Personality Theory from Brooklyn College, and an M.A. from the Cornell University Sloan Institute of Hospital Administration.

MHS Inc Secures Key Funding From Radius Ventures

Management Health Solutions, Inc. Secures Key Funding From Radius Ventures

Fairfield, Connecticut, March 4, 2009  – William Zierolf, President and Chief Executive Officer of Management Health Solutions, Inc. (MHS) today announced the acquisition of key funding with Radius Ventures, LLC, a venture capital firm focused on leading-edge health and life sciences companies.  As a principal provider of clinical inventory valuations, item file maintenance and clinical inventory management, solutions to the health care industry, MHS makes it possible for its client organizations to achieve control over their clinical inventories and inventory management processes, thereby reducing their operating costs and enhancing their overall performance.  Radius Venture’s financing will support MHS’s continued expansion and strengthen the company's sales and marketing efforts.

"We are excited about Radius Venture’s investment in our company and we see this funding as a tremendous vote of confidence in our industry leadership and growth strategy," stated Zierolf.  "This investment will not only help accelerate our product development and overall business plan, but will prove to strengthen our operational expertise, ultimately fueling our future growth in the industry.”

ABOUT RADIUS VENTURES

Radius Ventures is a venture capital firm focused on leading-edge health and life sciences companies. Investments are sought across a wide spectrum, including biotechnology and pharmaceuticals, medical devices, services, and healthcare/life sciences information technology. Radius currently manages approximately $180 million in committed capital, and generally invests up to $10 million in aggregate, as a lead or syndicate investor. For more information visit: www.radiusventures.com.

MHS Releases Point-of-Use Bill-Only Item Application

Newest addition to MHS' Total Solutions provides hospitals with more control over billing, utilization and tracking

Management Health Solutions ("MHS"), a premiere, independent provider of supply chain optimization solutions for hospitals and healthcare systems nationwide, today announced the launch of its latest application, Point-of-Use Bill-Only item software. This product is the newest addition to MHS' suite of software modules, an end-to-end suite that provide hospitals with automation and optimization tools necessary to meet their clinical supply chain needs.

Bill Only is a software application designed as an add-on to its Point-of-Use clinical module, which seamlessly integrates with any Material Management Information System. Created to help hospitals manage the very complex, high-value area of bill-only items, vendor-managed inventory and samples, the Bill-Only feature automates manual processes and creates more visibility. Items such as orthopedic implants, spinal instrumentation and specialty cardiology are difficult to manage in a hospital's master item file because the catalog for each manufacturer can be extensive, which is why hospitals typically use a manual process when documenting utilization and creating purchase orders. However, with any manual process, errors are more likely to occur and it is difficult to track product use.

By using the Bill-Only add-on, these clinical items can be referenced against the MHS proprietary database that houses more than 1 million unique items. Once an item is matched, its utilization can be tracked, reported and analyzed; while item recalls are addressed automatically. Customers using the Bill-Only software are added to an alert database, and any hospital with a recalled item in its inventory is notified immediately. If the item doesn't exist in the inventory at the time of the notification, MHS will send an alert should the customer receive a product with a lot/serial number that matches the recalled item.

"Bill-only items typically fall outside hospitals' regular purchasing and accounting procedures which leads to manual tracking by hospital staff," said Mike Ferris, MHS Co-Founder & EVP of Operations. "To ensure these purchases comply with a hospital's management, auditing and recall procedures, they need to be automated and linked to the inventory process for common hospital items. Our Point-of-Use Bill-Only item application leverages all the functionality of our mobile supply chain software solutions and enables hospitals to extend control and automation to bill-only items enabling hospitals to better track usage, conduct product recalls and improve the bottom line."

"With the Bill-Only enhancement added to our Point-of-Use solution platform, we are closing another loop in the supply chain process which can be disjointed," said Kishore Bala, VP of Technology Strategy & Development at MHS. "We have designed this enhancement in partnership with our customers to offer a workflow process that will capture utilization, provide visibility and automate manual tasks inherent in bill-only transactions."

Management Health Solutions Names Industry Veteran Bill Bailey to Eastern Sales Post

Management Health Solutions Names Industry Veteran Bill Bailey to Eastern Sales Post

Management Health Solutions (MHS), a premiere independent provider of inventory optimization solutions for hospitals and healthcare systems, has hired Bill Bailey to oversee the company’s Eastern Regional Sales Executive team. 

            

With more than 26 years of experience in health care, Bailey brings to the company a thorough understanding of the health care supply chain and how it can be used to ensure that hospitals operate at maximum efficiency.

“MHS and its technology offer hospitals the ability to manage all supplies, not just high-value, low-volume items,” says Bailey. “As more hospitals begin to understand total delivered cost, they want to know the real cost of products. MHS is well-positioned to address those issues and answer those questions. The company allows a hospital to follow the data as well as the logistics.”

Bailey’s previous professional experience, which includes developing new sales territories, opening a distribution center that provided sterile custom procedure trays for hospitals in Virginia and North Carolina and reducing hospital costs through the use of data analytics and ongoing management, makes him an ideal candidate to assist hospitals in their quest to improve supply chain performance and cut costs.

“Bill is a sales executive and leader with in-depth background in materials management including the clinical supply chain and information technology infrastructure. He is a great asset to our team and will enhance our software offering with his ability to explain how it helps materials management in hospitals,” says Ken Kelliher, MHS Co-Founder and Executive Vice President of Sales and Marketing.

Mr. Bailey is a graduate of Virginia Tech with a degree in Business Management. He lives in the Richmond suburb of Glen Allen, VA.

MHS In the News

Private Equity Investment In Health Care To Increase Next Year

December 15, 2010, 1:45 PM ET

The Wall Street Journal

Health-care reform and an aging population are bolstering the confidence of the private equity industry's outlook on the sector. A survey shows that investments are expected to increase significantly next year.

Of the 327 private equity executives who responded to a Pepperdine University's Graziadio School of Business and Management survey, 11% said they planned to invest in the heath-care industry, up from 4.8% in the summer.

A number of deals have closed in recent months, and October was especially active. Management Health Solutions Inc., which sells supply chain management software and is backed by Enhanced Equity Fund LP and Radius Ventures, bought its peer Hospital Inventories Specialists.

According to the survey, called the Pepperdine Private Capital Markets Study, venture capital and angel investors are also weighing investments in health care. Of the 213 participants from venture capital firms, 25% plan to invest in the sector next year, and 23.9% of angel investors said health care and related businesses were high on their list of anticipated investments.

Management Health Solutions acquires Hospital Inventories Specialists

Healthcare Purchasing News

Management Health Solutions ("MHS"), a healthcare information technology organization that provides supply chain software and business solutions for hospitals and healthcare systems nationwide, announced Tuesday that it has acquired Hospital Inventories Specialists ("HISI"), a 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.

"The acquisition of HISI is a major step for MHS," said Bill Zierolf, President and Chief Executive Officer of MHS. "We are buying an established and recognized industry player that will appreciably enhance the supply chain software and optimization services that MHS has provided to the US healthcare industry. Together, we'll be developing and releasing the next generation of supply chain operations tools, Optimal Inventory Control ("OPTIC") 3.0, to make managing the receipt, flow and charging of clinical supplies much more efficient."

The combined entity will have approximately 1,000 hospital clients nationwide, doubling its client base and considerably expanding its geographic footprint. MHS will increase its number of employees and more than double its inventory valued to more than $5.0 billion from $2.5 billion. As a result of the transaction, MHS will serve approximately 20% of U.S. hospitals. For more information, visit www.mhsinc.com.

Albany Medical Center selects AtPar to sharpen supply chain operations

Healthcare Purchasing News

Albany Medical Center, the only academic health sciences center in the 25 counties of eastern New York State, has signed an agreement with AtPar, Inc., a division of Management Health Solutions, Inc., that will upgrade, automate and modernize its supply chain operation using the @Par CartCount and CycleCount modules. The facility in New York's capital city will use the @Par products as the basis for an expanded installation designed to enhance par level management and ensure inventory accuracy throughout the institution. The modules are supported by a combination of workforce management and asset management reporting and will automate, complement and expand the capabilities of a hospital's materials management information system. For more information, visit www.atparinc.com.

Healthcare IT News

Management Health Solutions adds to its IT portfolio

FAIRFIELD, CT – With healthcare providers looking to their supply chain operations to improve efficiency and reduce wasteful spending, Management Health Solutions is relying on a couple of recent acquisitions to give them the IT tools they need.The Fairfield, Conn.-based developer of business solutions announced Tuesday the acquisition of Hospital Inventories Specialists, a Tampa, Fla.-based provider of inventory management solutions and analytical services. Combined with the company's acquisition of mobile supply chain software developer AtPar this past May, MHS looks to double its business in the market - the second largest cost that a hospital incurs, behind labor - reaching roughly 20 percent of the nation's hospitals at the outset.

The HISI acquisition gives MHS much-needed tools for pharmacy inventory and analytics, company officials said. "With full integration to all the leading material management information systems, our point-of-use mobile software applications provide unparalleled visibility for supply chain executives," said Mike Ferris, MHS' co-founder and executive vice president of operations. "Integrating software and professional services to independently serve our national client base is MHS' sole focus as a company."

"Bringing these two companies together makes perfect sense," added Martin C. Wein, HISI's principal and president. "The improvement in supply chain management that MHS will bring to a greater cross-section of the U.S. healthcare industry will not just reduce overall cost but improve patient safety as well."

Healthcare Finance News

MHS bolsters supply chain portfolio with inventory management deal

Management Health Solutions, a Fairfield, Conn.-based developer of business solutions announced the acquisition of Hospital Inventories Specialists, a Tampa, Fla.-based provider of inventory management solutions and analytical services.

"The acquisition of HISI is a major step for MHS," said Bill Zierolf, president and Chief Executive Officer of MHS. "We are buying an established and recognized industry player that will appreciably enhance the supply chain software and optimization services that MHS has provided to the U.S. healthcare industry.

"The market opportunity and potential for growth is tremendous," he added. "The majority of hospitals across the United States have yet to implement integrated point-of-use supply chain software, content management solutions and optimization best practices for tracking, managing, ordering and analyzing the flow and consumption of clinical supplies. Millions of dollars are wasted annually through overstocking, expired inventory, and last minute, overnight resupply. Our flagship product, OPTIC, addresses these needs and helps reduce cost and improve patient safety through increased visibility."

When acquiring Lebanon, N.H.-based AtPar earlier this year, Zierolf said hospitals stand to waste 30 percent to 40 percent of their budget on overstocked or out-of-date supplies or emergency orders for understocked items. He called the situation "a $70 billion industry with little automation," and said hospitals have to move away from manual, paper-intensive audits.

Modernhealthcare.com

Management Health Solutions buys analytics company

Posted: October 19, 2010 - 11:00 am ET

Supply-chain information technology and services provider Management Health Solutions, Fairfield, Conn., has acquired Hospital Inventories Specialists, Tampa, Fla., a provider of inventory management and analytics software and services, according to a Management Health news release.

According to the release, the purchase will "nearly double" Management Health Solutions' customer base to about 1,000 U.S. hospitals and will make available to existing MHS customers "a larger repertoire of analytical tools, additional benchmark data and deep healthcare domain expertise."

Rady Children’s Hospital signs Mobile Supply Chain Software agreement with MHS

Rady Children’s Hospital signs Mobile Supply Chain Software agreement with MHS
Major pediatric institution to utilize four MHS supply chain software applications

(FAIRFIELD, CT) Management Health Solutions (“MHS”), a leading, independent provider of supply chain optimization solutions for hospitals and healthcare systems nationwide, announced that 401-bed Rady Children’s Hospital-San Diego, the state’s largest pediatric hospital, has signed an agreement for AtPar Inc. supply chain technology, an MHS product. The agreement includes the MHS Mobile Software distribution management applications CartCount, Receive, and Deliver and the MHS Mobile Supply Chain Software Warehouse Management Application Stock Issue.

Tim Worstell, Budget and Procurement Specialist for Rady Children’s, and Dave Graul, the hospital’s Director of Supply Chain Management, evaluated several competing systems before the MHS Mobile Supply Chain software applications were selected. "As we researched our options, it became apparent that MHS matched our needs better and proved to better align with the requirements of healthcare," Worstell said. "Our goal is to automate every process throughout the supply chain." They expect the automation capabilities of the MHS Mobile Supply Chain Software will have the biggest impact on the hospital’s supply chain. "A key benefit is automating the entire receiving process," said Graul. "The MHS system captures the receipt of all packages at the receiving dock, tracks those packages through the delivery process to the end-user and provides an archive of information for reference and management, supporting a paperless system. In general, we feel that MHS provides a mobile process that eliminates manual intervention, reduces errors and increases inventory accuracy."

"Through our mobile supply chain software applications Rady Children’s Hospital will begin to fully automate their distribution processes and their stat orders to gain efficiencies and reduced costs" said Kishore Bala, VP of Technology Strategy & Development at MHS.

Rady Children’s, which opened in 1954, is the only hospital in San Diego County dedicated solely to pediatric care and is the region’s designated pediatric trauma center serving an area which includes San Diego, Southern Riverside and Imperial counties through the main hospital and more than 30 satellite locations. A 154-bed Acute Care Pavilion, which opened in October, includes the Peckham Center for Cancer and Blood Disorders, the largest pediatric hematology/oncology program in San Diego and Imperial counties, a Neonatal Intensive Care Unit and the Warren Family Surgical Center.

MHS technology helps hospitals match supply chain to patient care

 MHS Gains Traction with Wall-to-Wall Supply Chain Solutions Comprehensive MHS technology helps hospitals match supply chain to patient care

(Fairfield, CT) Management Health Solutions (“MHS”), a leading, independent provider of supply chain optimization solutions for hospitals and healthcare systems nationwide, announced the launch of the industry’s only Wall-to-Wall technology expressly designed for hospital supply chain management. The MHS service offering, the most comprehensive available, leverages technologies – such as advanced bar coding, RFID, handheld scanners and sophisticated software – that give hospitals complete supply chain visibility and the ability to capture and bill the true cost of equipment and supplies employed at clinical Points-of-Use.

The comprehensive offering signals a further move by MHS to put into action its leading edge technologies and push further ahead into a market that has long recognized the importance of supply chain efficiency, yet has been unable to find suitable operational solutions. For example, many hospitals still log in products and supplies at each point in their supply chain using manual methods. These time consuming efforts are not integrated with a hospital’s central inventory system and do not provide real time visibility of inventory levels throughout the facility. Now, MHS has supplied hospitals with the means to eliminate this outdated process and raise supply chain management to the highest standard of contemporary patient care. Services such as MHS’ recent release of the RFID-enabled two-bin technology will eliminate the need for the counting process and data entry, optimizing inventory based on actual usage and minimizing clinician involvement in the supply process.

William Zierolf, President and Chief Executive Officer of MHS, says the company’s comprehensive offerings give it a leadership position in the industry. “We believe our Wall-to-Wall supply chain management technology furnishes hospitals with a critical boost in cost-savings and efficiency while putting MHS in a leadership position with a unique market opportunity,” said Zierolf.

Many of the nation’s top healthcare organizations utilize MHS services and solutions, among them Kaiser Permanente, Catholic Healthcare West, Orlando Regional Medical Center, North Shore-Long Island Jewish Health System, BJC Healthcare and Albany Medical Center, have contracted for MHS products.

MHS Gains Traction with Wall-to-Wall Supply Chain Solutions
Comprehensive MHS technology helps hospitals match supply chain to patient care

Management Health Solutions Promotes Brian Campbell

Management Health Solutions Promotes Brian Campbell to Vice President of Sales Operations

(Fairfield, CT) Management Health Solutions ("MHS"), a leading, independent provider of inventory optimization solutions for hospitals and healthcare systems nationwide, announced today it has promoted Brian Campbell to Vice President of Sales Operations.

Mr. Campbell will be coordinating and managing the MHS sales activities while also leading and organizing a team of sales support associates. His responsibilities will include field sales support, contracting, marketing and serving as a liaison between sales, marketing, and operations personnel.

"I look forward to my role with a progressive organization that is positioned to address critical healthcare issues such as cost control and helping hospitals increase their ability to provide patient care and satisfaction," says Mr. Campbell.

Mr. Campbell, who has been with MHS since 2007, has more than 15 years of operational and technical expertise in the application services industry. Prior to joining MHS, Mr. Campbell served as Vice President of IntellaKey Inc., an e-business software company providing enterprise marketing automation solutions. At IntellaKey, he led multidisciplinary teams focused on client operations, data services, and product development. Additionally, Mr. Campbell managed technical operations and integration of the IntellaKey platform for major clients including General Motors, Toyota, and AT&T.

"Brian brings an invaluable project engineering background to our sales group. He listens and understands the needs of the market which will enable our sales organization to adapt and offer quality products to our customers," says Ken Kelliher, MHS Co-Founder and Executive Vice President of Sales and Marketing. Mr. Campbell will report directly to Mr. Kelliher at MHS.

Management Health Solutions hires David Buscema

Management Health Solutions hires David Buscema to oversee off-shore production control

(Fairfield, CT) Management Health Solutions (“MHS”), a leading, independent provider of inventory optimization solutions for hospitals and healthcare systems, has hired David Buscema as the Vice President & General Manager, Shared Services. In his new role, Buscema will be managing off-shore production control and leveraging global outsourcing services.

“He is a world-class operator with a keen understanding of analytics and who will drive operations to continually improve quality, efficiency measures and the accuracy of all products delivered to our customers,” said Bill Zierolf, President and CEO of MHS.

Buscema brings to MHS a breadth of global operations and off-shore management experience spanning 14 years with additional core competencies such as vendor management, business analytics and reporting, total quality management, and project planning and development. His achievements in previous positions include growing business abroad, significantly increasing team and utilization productivity and coordinating off-shore start-up operations.

“Managing assets abroad is yet another critical aspect of helping to ensure that MHS will continually be able to deliver the most comprehensive solutions to its customers,” he said.

Buscema earned a B.S. in Ocean Engineering from the Massachusetts Institute of Technology, Cambridge, and a Doctor of Engineering degree in Plastics Engineering from the University of Lowell (Mass.).

MHS Inc Will Attend Health Insights in San Francisco,

Management Health Solutions, Inc. (MHS) Will Attend Health Insights in San Francisco, CA, April 2011 (Fairfield, Connecticut, April 5, 2011) Management Health Solutions, Inc. (MHS), a premier healthcare information technology organization that provides integrated mobile supply chain software applications, content services, inventory valuation services, master data management and professional services to hospitals and healthcare systems nationwide, will be participating in the Health Insights conference in San Francisco, CA this week. MHS is huge supporter of Health Insights and is excited to attend the sessions this week. The forums are very beneficial because Health Insights facilitates the opportunity to learn from the brightest members of the industry in an interactive session but also facilitates learning from peers in the industry. “The forums truly do provide for a “win, win” situation for everyone involved,” says Ken Kelliher, MHS Co-Founder and EVP of Sales.

Saints Medical Center signs agreement with MHS for Supply Chain Automation Software

March 15, 2011 | Industry News Release

FAIRFIELD, CT – Management Health Solutions (MHS), a leading independent provider of inventory optimization solutions for hospitals and health care systems, is now offering Mobile Supply Chain Software Solutions. These unique and powerful compilations of services and mobile supply chain software are unparalleled in their ability to help hospitals achieve the highest level of supply chain performance.

By incorporating a three-step process of counting, cleansing and optimizing supply chain performance, these software solutions provide a comprehensive approach unlike any other in the marketplace. This application has proven effective for a multitude of hospitals across the country, which is why Saints Medical Center, a small community hospital in Lowell, Massachusetts, has signed an agreement to implement the entire Mobile Supply Chain Software Solution offering...

For more please follow link: http://www.healthcarefinancenews.com/press-release/saints-medical-center-signs-agreement-mhs-supply-chain-automation-software

Tim Ledwick Joins MHS as Chief Financial Officer

(FAIRFIELD, CT) Management Health Solutions (“MHS”), a leading, independent provider of supply chain optimization solutions for hospitals and healthcare systems nationwide, announced today that Tim Ledwick has joined the company as Chief Financial Officer. Mr. Ledwick brings to MHS three decades of financial experience that spans both public and private companies. His specialized skills have been applied in capital markets, IPO activities, corporate restructuring and spinoffs, and mergers and acquisitions in both domestic and offshore markets.
“Tim Ledwick is an exciting addition to the MHS team. His background and skill-sets are sure to make an important contribution to the company going forward,” said William Zierolf, President and Chief Executive Officer of MHS.
In addition to his track record in finance Mr. Ledwick also has experience in meeting complex reporting requirements, fiscal controls and an array of regulatory challenges as part of senior management with companies such as Dictaphone Corporation, Cityscape Financial Corp. and the GTE Corporation. A certified public accountant, he holds a masters degree from Fairfield University and an undergraduate degree from George Washington University.
Further information about MHS products is available at mhsinc as well as on Facebook and at Linkedin.

One-stop supply chain solutions

MHS now offering comprehensive one-stop supply chain solutions

Advanced MHS technology helps hospitals match supply chain functions to patient care
(Fairfield, CT) For decades, hospitals have struggled to find technology that solves nagging dilemmas embedded in their supply chain and comes close to matching the sophistication of the life-saving medical devices and equipment used on patient floors. That near-fruitless search has left a litany of cost that in difficult economic times has grown less acceptable than ever.


Now, Management Health Solutions (“MHS”), a leading, independent provider of supply chain optimization solutions for hospitals and healthcare systems nationwide, is offering the industry’s only wall-to-wall technology expressly designed to meet those challenges and present a hospital with an opportunity to adopt enhanced supply chain management. The MHS service offering leverages a range of advanced supply chain technologies that let healthcare organizations automate key supply chain functions, yet do it with the convenience of a single specialized vendor.


For example, many hospitals still log in devices and supplies manually at the loading dock before moving those items to patient floors. MHS has furnished hospitals with the tools to eliminate that inconsistency and raise supply chain management to the high standards of contemporary patient care. Services such as RFID-enabled two-bin technology help hospitals integrate disparate systems and make MHS the innovative leader in the segment.


Here are some important ways in which today’s MHS technology can move the healthcare supply chain into the forefront of modern technology:


Recall Management System - Provides hospitals a powerful patient safety function that quickly and automatically matches product recalls to inventory, delivering alerts directly to responsible and appropriate department personnel.


Centralized Item File - Using MHS technology, hospitals can host a centralized corporate item file through a convenient, fully functional “look-up” interface. The interface, positioned between a hospital’s various requestor locations, operates through a federated search tied to an MHS reference database. New item requests may be initiated easily from within the interface and submitted through the MHS Client Portal.
Flexibility - Mechanisms contained in the MHS technology are written in common Excel format and designed to handle single and bulk requests as changes, adds and activations. In addition, should a hospital decide to add or delete requestor locations those changes may be made quickly with minimal keystrokes.


Validation and Accuracy - The MHS technology has the capacity to perform request validations, de-duplication tasks, data sourcing, data cleansing and data production to client terminology standards and local preferences. The solutions, which can also develop optimal par levels, are also designed to assign standard item numbers and then deliver highly accurate results directly to a facility’s corporate database.


Real-time Visibility and Synchronization - Data produced by completed transactions is automatically pushed down to the local materials management information system (MMIS) for real-time visibility and focused control of supply chain operations. Synchronization mechanisms between corporate and local databases are provided as is built-in compliance monitoring.


William Zierolf, president and chief executive officer of MHS, says the company’s comprehensive offerings give it a leadership position in the industry. “We believe our wall-to-wall supply chain management technology furnishes hospitals with a critical boost in cost-savings and efficiency while putting MHS in a leadership position with a unique market opportunity,” says Zierolf.


Many of the nation’s top healthcare organizations utilize MHS solutions, among them Kaiser Permanente, Catholic Healthcare West, Orlando Regional Medical Center, and North Shore-Long Island Jewish Health System. In recent months, two large Midwestern organizations, Ascension Health and BJC Healthcare, both based in St. Louis, along with New York’s Albany Medical Center, have contracted for MHS products.


Further information about MHS products is available at www.mhsinc.com as well as on Facebook and at Linkedin.