This document summarizes a presentation on blood conservation and patient blood management. It discusses the need to conserve the blood supply due to diminishing donor pools and increasing demand. Current strategies to reduce blood transfusions include anemia management, cell salvage techniques, and restrictive transfusion guidelines. Future strategies may involve oxygen carrying solutions, stem cell derived blood, and group conversion. The presentation emphasizes patient blood management as a multidisciplinary approach to optimizing patient care and blood utilization.