who moved my stent? · © 2016 cardinal health. all rights reserved. cardinal health, the cardinal...

© 2016 Cardinal Health. All Rights Reserved. CARDINAL HEALTH, the Cardinal Health LOGO and ESSENTIAL TO CARE are trademarks

or registered trademarks of Cardinal Health. All other marks are the property of their respective owners.

Who Moved My Stent? Manage your cath lab inventory efficiently!

Ken Shastany, RN, MSN

Strategic Solutions

Cardinal Health™ Inventory Management Solutions

May 12, 2016



Welcome

Who moved my stent?

Manage your cath lab inventory efficiently!

Learning objectives:

• Explain how supply chain efficiencies help accurately manage, track, and monitor high-value

procedural inventory and reduce waste and variability.

• Describe how RFID-enabled inventory management solutions drive rapid improvements and

enhance staff satisfaction and safeguard patients.

• Tell the story of how the Cardiovascular Institute at Florida Hospital gained greater control of

their cardiovascular suite inventory.

Today’s Presenter

Ken Shastany, RN, MSN

Strategic Solutions

Cardinal Health

2



Agenda

• Trends driving change in the

cardiac cath lab today

• Challenges of managing your

inventory

• Impact on your own facility

• Overcoming these challenges with

automation

• Success story: Florida Hospital

Cardiovascular Institute

3



About Cardinal Health

Recognized leader in healthcare supply chain transformation

• Ranked in the top 2 by Gartner 2011-2015 for transforming the

healthcare value chain to meet new challenges around costs,

revenue and outcomes

Unparalleled understanding of healthcare value chain

• Nearly 100 years of experience serving hospitals

• Supporting nearly 4,000 leading healthcare systems

• 40+ years of leading supply chain solutions

• A passion for innovation and managing the business of healthcare,

so our clients can get back to the business of healing

4



Trend: reimbursements at risk

• Transition to value-based purchasing (VBP): changing the

management of high-cost cardiac cath labs

Source: ICTPost, http://ictpost.com/new-tech-trends-in-cath-lab-are-changing-the-face-of-healthcare/

Loss of 50 to 60

patients in 1 year

Drains $500,000 to

$600,000 of hospital

revenue

5

• High exposure to VBP reimbursement measures: 6 of 19 directly

impact cath lab setting or post-procedure

Evaluation of reimbursement is based on:Quality of Outcomes, Clinical Process of Care and Patient Experience

• Greater scrutiny: CV financial and quality performance



Trends: volume increase and scope

• Transcatheter aortic

valve replacement

(TAVR) over (SAVR)

• Renal denervation to

treat drug-resistant

hypertension

• Ventricular septal

defects (VSDs)

• Cardiac assist devices

LVAD and BIVAD


Growing ComplexityConsolidated Services

6



The goal: lower costs, better care

Across the continuum of care

Safety

&

Quality

of Care

Lower

Costs

Clinical and Operational

Excellence for

better experience

7



Polling Question

How is your facility currently managing high

cost cardiovascular inventory?(may choose multiple items)

1. No formal system (intuition)

2. Manual (periodic physical inventory)

3. Automated cabinet system

4. Barcode system

5. RFID tracking solution

8



Impact on your cath lab

• Pressure to reduce spending

and costs while improving

quality of outcomes

• Operational challenges

• Regulatory issues

• Negative events

• Increase in the need for better

care coordination and patient

care

Source: Deloitte Center for Health Solutions. “The road to value-based care.” 2015

9



Changing the culture

Source: Deloitte Center for Health Solutions. “The road to value-based care.” 2015

Better

control of

high cost

PPI Items

Build more

trust and

collaboration

Advanced

Data

Analytics

10

© 2016 Cardinal Health. All Rights Reserved. CARDINAL HEALTH, the Cardinal Health LOGO and ESSENTIAL TO CARE are

trademarks or registered trademarks of Cardinal Health. All other marks are the property of their respective owners.

11

5 major barriers in the cardiac cath lab

Emotional

stocking

Manual

processes

Charge

capture

inaccuracies

,

Expired,

obsolete and

recalled

products

Consignment

1 2 3 4 5



12

Polling Question

Where are your major barriers to inventory

management in the Cardiac Cath Lab?

(may choose multiple items)

1. Emotional stocking

2. Manual processes

3. Charge capture inaccuracies

4. Dealing with expired, obsolete, recalled products

5. Consignment



13

Developing a supply chain excellence strategy

Create end-to-end

product visibility

Align supply

chain priorities

Automate inventory for

process improvement

Drive informed

decisions

through

analytics



Automation is the answer

Integrated

advanced

analytics

Lowproduct cost

Highproduct cost

High-cost

physician

preference items

and implantables

RFID-enabled

Smart Cabinet

Surgical packs and

other mid- to

high-cost supplies

RFID-enabled

Smart Wand

Low-cost supplies

like gauze

and bandages

2-Bin Kanban

Low-cost supplies

that require

each-level tracking

Barcode

14



Automating your procedure workflow

15



Advanced Analytics: Drive visibility of usage patterns

16



Polling Question

I believe our hospital has good visibility into our

cardiovascular inventory.

1. Strongly Agree

2. Agree

3. Neutral

4. Disagree

5. Strongly Disagree

17



The Trial: Putting RFID to the test in the CV Suite

18



Improving the Bottom Line

• Inventory optimization

• Cut more than $5M in expense

• Reduced Billing Errors

• Streamlined Workflow

• Improved quality care

Tightened budgets,

streamlined workflow

and reduced inventory

significantly— adding

up to $1.7 million in

annual savings.*

*Reported in Cardiovascular Business

Special Section – Practice

Management March/April 2015

19



Greater control in managing interventional labs

• Automated inventory tracking

• Data analytics

• Clinician satisfaction

• Patient safety

• Charge capture

Tightened budgets,

streamlined

workflow and

reduced inventory

significantly.*

Source: Cardiovascular Business Special Section – Practice Management March/April 2015

Cut more than

$5 million

waste in 13

interventional

labs* Added up to $1.7

million in annual

savings.*

20



The future, here today . . .

Easily and efficiently find your stents and monitor cath lab inventory

• Supply chain excellence strategy

• Lean management

• Advanced analytics


21



Q&AKen Shastany, RN, MSN

Strategic Solutions

www.cardinalhealth.com/cims

[email protected]

614.553.5322

who moved my stent? · © 2016 cardinal health. all rights reserved. cardinal health, the cardinal...

Documents