Navigation Links
Geisinger saves millions in medical dollars through better supply management

DANVILLE, PA A new approach to ordering supplies has helped Geisinger cut $30 million in unnecessary spending in the last three years, made it easier to recall medications in the event of pharmaceutical recalls and eliminated the duplication of many products.

Geisinger's Supply Chain Services was recently named materials management department of the year by Healthcare Purchasing News and it also received a Supply Chain Innovation Award from the Premier healthcare alliance.

"This is a great honor for our team," said Deborah Petretich Templeton RPh, MHA, Associate Vice President, Supply Chain Services. "By delivering supplies to our clinical teams in a timely, efficient manner, we're doing our part to help Geisinger provide outstanding healthcare."

Geisinger is experiencing a growth that's unprecedented in its history. The demand for services has increased significantly in recent years, the system has hired thousands of new employees and Geisinger has $200 million committed to construction projects.

With so much expansion, Templeton's team has been tasked with streamlining the supply ordering process and helping cut non-labor costs throughout the health system. Geisinger operates three hospitals and 40 community practice sites in central and northern Pennsylvania.

Since 2000, the team has launched several key initiatives, including:

  • Centralizing ordering of medical supplies and capital equipment with a new computer system;
  • Forming supply evaluation teams with key Geisinger departments such as cardiology, surgery, and radiology;
  • Closely monitoring equipment use and needs;
  • A new inventory control system for pharmacy.

Without these changes, Geisinger would have spent an extra $10 million per year during the last three years on materials and capital expenses relating to the system's growth, Templeton said.

The savings have come large and small.

By maximizing contracts, Geisinger recovered $2 million in manufacturers' rebates last year. The team also cut linen costs at Geisinger Wyoming Valley Medical Center by $.31 per patient per day after consulting nurses at the Wilkes-Barre hospital.

Beyond improving Geisinger's bottom line, there's also the potential to improve patient safety.

When supplies or medications are recalled, Geisinger notifies its departments about product location, and can quickly pull items. The system is also working with vendors and suppliers on consistent standards to better track products.

"It's not any one thing," Templeton said. "It's about looking at our entire operation and understanding what we really need."


Contact: Justin Walden
Geisinger Health System

Related medicine news :

1. Geisinger hosting national conference to help rural veterans cope with combat stress
2. Geisinger improves care for thousands of diabetics through use of the Electronic Health Record
3. Geisinger study: Use of digital health records improve health of the elderly
4. Geisinger and Celera to collaborate on liver disease test
5. Geisinger study: PTSD a medical warning sign for long-term health problems
6. Geisinger rheumatologists redesign osteoporosis, rheumatoid arthritis care
7. Hip replacement improves function, saves money, at any age
8. New Latent TB Drug Saves Lives, Money
9. Rifampin: Latent TB treatment saves time money and lives
10. Association of Public Health Laboratories Applauds Signing of Newborn Screening Saves Lives Act
11. New Surgical Device Saves Lives and Limbs on Iraqs Front Lines
Post Your Comments:
(Date:6/27/2016)... ... June 27, 2016 , ... recently awarded their highest five-star rating ... Millions of individuals in the United States and Canada wear eyeglasses. Once considered to ... correct vision and make a fashion statement. Even celebrities use glasses as a way ...
(Date:6/26/2016)... ... ... legally blind and certified personal trainer is helping to develop a weight loss fitness plan ... fix the two major problems leading the fitness industry today:, , ... They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... , ... June 25, 2016 , ... "With 30 hand-drawn ... specific project," said Christina Austin - CEO of Pixel Film Studios. , ProHand ... all within Final Cut Pro X . Simply select a ProHand generator and ...
(Date:6/25/2016)... Canada (PRWEB) , ... June 25, 2016 , ... Conventional ... pursuit of success. In terms of the latter, setting the bar too high can ... risk more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary Hypertension Association (PHA) ... will receive two significant new grants to support its work to advance research ... anniversary by recognizing patients, medical professionals and scientists for their work in fighting ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016 Dehaier Medical Systems Ltd. (NASDAQ: ... develops, markets and sells medical devices and wearable sleep ... a strategic cooperation agreement with Hongyuan Supply Chain Management ... on June 20, 2016, to develop Dehaier,s new Internet ... agreement, Dehaier will leverage Hongyuan Supply Chain,s sales platform ...
(Date:6/24/2016)... June 24, 2016 According to ... Type (Standard Pen Needles, Safety Pen Needles), Needle Length ... Growth Hormone), Mode of Purchase (Retail, Non-Retail) - Trends ... report studies the market for the forecast period of ... USD 2.81 Billion by 2021 from USD 1.65 Billion ...
(Date:6/24/2016)... 24, 2016  Arkis BioSciences, a leading innovator ... more durable cerebrospinal fluid treatments, today announced it ... funding is led by Innova Memphis, followed by ... private investors.  Arkis, new financing will accelerate the ... market release of its in-licensed Endexo® technology. ...
Breaking Medicine Technology: