Mhs overview 021411


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Mhs overview 021411

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