Mhs overview 021411

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  • 1. Executive Overview
    Mobile Supply Chain Execution
  • 2. MHS is revolutionizing the supply chain across the Healthcare Industry
    We help hospitals save money and improve patient care by combining services with technology to optimize supply chain operations.  
    MHS Team
    Management Health Solutions (“MHS”) is a premiere healthcare information technology organization that provides mobile supply chain software modules, professional services, master data management and inventory valuation services to hospitals and healthcare systems nationwide.
  • 3. Benefits
    CLINICIAN BENEFITS
    • Improved patient experience by ensuring critical items are available on time, every time
    • 4. Enhanced patient safety by eliminating expiration and recalled products
    • 5. Free clinician time from supply chain activities
    FINANCIAL BENEFITS
    • 500% average Return on Investment
    • 6. Gain control of Physician Preference Items
    • 7. Increase hospital revenue automated charge pickup
    MHS delivers significant savings to its customers
    • 15 - 25% reduction in inventory levels
    • 8. 2.5 - 5% savings in supply spend
    • 9. 30 to 40% savings in cost of conducting inventories & file management
  • MHS works with over 1000 hospitals nationwide
  • 10. Executives across the industry are focused on supply chain savings
    Areas of concern in daily operations
    Clinical Inventories represent the majority of Inventory dollars
    STORE &
    OTHERS
    SPECIALS
    CATHLAB
    OR INVENTORY (65%)
  • 11. MHS solutions benefit several stakeholders
    PATIENT
    • Reduced risk from exposure to recalled /expired supplies
    • 12. Ensure Availability of critical items when needed
    CLINICIAN
    • More dependable and have more time for patient care
    • 13. Confidence in the supply chain system that right supplies will be at the right place at the right time
    SUPPLY CHAIN MANAGEMENT
    • Reduced inventory levels and established appropriate par level to meet demands
    • 14. Consistently provide accurate data to management
  • Total Supply Chain Solution
    Discover
    • Conduct physical inventory and review internal processes
    • 15. Analyze historical and transactional data
    • 16. Quantify inventory reduction opportunity
    • 17. Evaluate existing info system infrastructure
    Implement
    • Mobile Supply Chain software solutions for clinical, warehouse and distribution functions
    • 18. Master data management program – aggregate, clean, enrich and maintain item masters
    • 19. Monitor and optimize the flow of supplies, alerts & recalls, usage through mobile supply chain reporting
    Optimize
    • Implement streamlined supply chain process improvement practices
    • 20. Create visibility into inventory management through online portal
    • 21. Leverage analytical reports to establish feedback loops
    MHS has demonstrated average Return on Investment of 500%
    “The PAR leveling analysis tools developed by MHS allowed us to reduce PAR levels while improving service. In short, MHS provided the ability to turn our vision into a reality.”
    George Malik VP, Material Management
  • 22. Our software automates Warehouse inventory management processes
    STOCK ISSUE
    • Automates ad hoc inventory supply requests
    • 23. Tracks returned items and update inventory real-time
    RECEIVE
    • Automates PO and Non- PO orders at point of receipt
    • 24. Capture Lot and Serial# at time of receiving
    • 25. Generate bar code labels
    PUT AWAY
    • Scanned product and locations insuring accuracy
    • 26. Multiple users on a single putaway plan
    CYCLE COUNT
    • Performs regular cycle counts by physically reviewing inventory using handhelds
    • 27. Ensures information is accurate before transmitting to MMIS
    • 28. Automates the cycle count process to ensure accurate inventory data
    PICK
    • Tracks items picked
    • 29. Automates replenishment orders
    • 30. Custom shipping labels can be printed from handheld
  • Our handheld technology enables customers to automate the Distribution & replenishment process
    RECEIVE
    • Automates PO and Non- PO orders at point of receipt of supplies
    • 31. Able to capture Lot and Serial# at time of receiving and generate bar code labels
    • 32. Real-time MMIS integration
    DELIVER
    • Delivers and tracks picked, non-stock and non-PO packages
    • 33. Records recipient information and capture electronic signatures on handhelds
    • 34. Tracks delivery attempts and print deliver receipts on mobile printers
    CART COUNT
    • Automates counting of items and replenish
    • 35. Helps manage Par locations based on schedule and allocation
    • 36. Automates order replenishments
  • Our Clinical software solution offers the ability to automate multiple supply management processes
    CASE CART
    • Automated supply process for surgery
    • 37. Supports management of multiple product categories
    • 38. Integrates with existing MMIS, billing and surgical systems
    • 39. Tracks usage patterns and provides analytical reports to create further efficiencies
    RECEIVE
    • Automates PO and Non- PO orders at point of receipt of supplies
    • 40. Able to capture Lot and Serial# at time of receiving and generate bar code labels
    • 41. Real-time MMIS integration
    POINT OF USE
    • Ensure precise inventory levels at point of use and ensures billing accuracy
    • 42. Track expiry of items
    • 43. Define replenishment levels by type of items
    • 44. Put away received items and track back ordered items
    DELIVER
    • Delivers and tracks picked, non-stock and non-PO packages
    • 45. Records recipient information and capture electronic signatures on handhelds
    • 46. Tracks delivery attempts and print deliver receipts on mobile printers
  • Professional Services Integrated with the supply chain delivers complete customized solutions
    “We found the inventory process to be very good this year, reports were delivered in a rapid timeframe, we were being updated regularly by the MHS Team Lead and we were kept in the loop on the entire inventory. We are recommending we always use MHS for the inventory”
    Nina Kizer
    Material Manager
    HMA Springhill
    INVENTORY VALUATION SERVICES
    • Establishes accurate & auditable baseline inventory for Capital, pharmacy & medical surgical inventories
    • 47. Standardizes physical inventory and reporting process
    MASTER DATA MANAGEMENT
    • Cleans data master file & extends management of item master & surgical preference cards
    • 48. Standardizes data through alignment & category management
    PROFESSIONAL SERVICES
    • Provides further optimization of inventory value
    • 49. Offers in-depth assessment of the supply process
    • 50. Recommends efficient benchmarks for workforce management
    • 51. Establishes long-term management and automation of supply chain
  • All our software applications and services are designed to provide Visibility and Intelligence
    Interactive Online Portal
    Real Time Reporting
    Customized Data Views
    • Dashboard displays for low stock, expiry alerts, current inventory valuation
    • 52. Ability to review, edit and approve patient charge transaction
    • 53. Provides real-time or batch uploads and downloads with wireless or cradle docking
    • 54. Ability to gain visibility of product movement within entire organization
    • 55. Ability to view event timings and delivery performance
    • 56. Capable of generating workforce productivity reports
  • MHS drives significant and measurable benefits for hospitals
    BENEFITS
    • Improve revenue capture with accurate tracking of items used for each patient
    • 57. Efficient management of supplier contracts – track rebates, optimize pricing through consolidation opportunities, understand dependencies
    • 58. Savings opportunities are identified through analysis of buying patterns and inventory optimization
    OUR APPROACH
    • An engagement involves a Discovery phase to understand the current context and identify opportunities for improvement.
    • 59. The Implementationinvolves preparing and managing data, integrating our technology solutions and training staff to use our solutions to automate supply management.
    • 60. Our Optimizationservice offers consulting and implementation to uncover additional opportunities by further streamlining and re-engineering the supply chain.
  • Management Health Solutions, Inc. Acquires AtPar Inc
    Partnership extends seamless mobile technology to MHS providers
    Management Health Solutions, Inc. (MHS) announced its acquisition of AtPar Inc., a leading developer of mobile supply chain software. The acquisition advances MHS’s clinical inventory management solution and is the organization’s next step in helping hospitals curb the rising cost of healthcare through innovative clinical materials management processes. 
    A subsidiary of Management Health Solutions, Inc. (MHS), AtPar Inc. is a supply chain execution software company offering a suite of well-integrated, feature-rich supply chain execution applications on handhelds that deliver business benefits in a short duration while maintaining a low cost of purchase and maintenance.
    Management Health Solutions Acquires
    Hospital Inventories Specialists
    Combined Company Positioned as Leading Mobile Supply Chain Software and Inventory Management Solutions Provider to U.S. Hospitals
    Management Health Solutions has acquired Hospital Inventories Specialists (“HISI”), a leading 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.
  • 61. Management Health Solutions Inc.
    501 Kings Highway East
    Fairfield, CT 06825
    888.647.4621
    info@mhsinc.com
    www.mhsinc.com