If you missed watching our webinar live, it's not too late.
This presentation about how Steward Health Care hospitals were able to save more than $16 Million in under a year by reallocating their excess medical supplies went pretty great, if we do say so ourselves.
Michael Prokopis, Steward's SVP of Supply Chain, and Carl Natenstedt, our CEO, spoke with Molly Gamble of Becker's Hospital Review about the challenges and successes that come with a project of this scale.
And we got to answer some great questions about how product is sold on the secondhand market, the difficulty of doing this at a standalone facility, and more.
Some of the big lessons learned were that excess piles up in the first place due to:
And when it comes time to remove supplies from the shelves, the biggest challenges are:
Because we're committed to saving hospitals money, we're making this webinar available totally free. You can stream it in the video below. Or, if your work computer frowns on YouTube, you can still watch the original presentation on Becker's sign-up page. Fill out the form, and watch whenever it's convenient for you.
Still want more info? Our case study about how Steward was able to move, sell, and donate their excess inventory is available here. And Steward's news about being able to donate nearly $3 Million to charity is here.
And if you're interested in a free analysis to see how much excess you might have on hand, just reach out.