One of the largest private hospital operators nationwide - with 36 facilities in 9 states - was able to prevent more than $16 Million worth of medical and surgical supplies from expiring. That meant a cost avoidance of approximately $500,000 per facility.
Learn how Steward Health Care used Z5 Inventory to identify, pick, pack, and ship slow-moving and excess product to make these savings possible.
Up to 30% of every hospital's on-hand inventory will expire before it can be used. 3% of this year's - and every year's - supply chain spend will go to waste.
But a partner armed with advanced analytics and experienced logistics can help them avoid that cost. A partner like Z5 Inventory.
"Doctors’ and nurses’ preferences change. Hospitals’ needs change. These medical supplies that pile up can seem like an inconvenient line item. But, properly reallocated, they're life-savers."
Carl Natenstedt, CEO, Z5 Inventory