Too often, hospital leaders make significant equipment decisions based on incomplete and biased data; staff are tasked with reactively monitoring and replenishing equipment. InSites Asset Optimization helps hospitals right-size their equipment budgets and manage equipment-related processes efficiently, so money and time can be directed more effectively.
Knowing the exact location and status of the equipment allows you to utilize your equipment more efficiently. Plus, InSites Asset Optimization provides the ability to analyze utilization rates to avoid unnecessary purchases.
Leverage PAR Levels to ensure caregivers always have the equipment and supplies they need on hand. With automatic notifications, the process of replenishment is streamlined, plus you gain intelligence on stock out duration and utilization trends over time.
Immediately understand whether rental equipment is in use, or ready to be returned so that you stop spending rental dollars on items no longer needed. And with a correct understanding of how equipment is used, less rentals are required in the first place.
When it comes to patient care, hospital leaders never want a shortage of available equipment. Often times, though, they don’t fully understand what equipment they have on hand, where it is, and how it’s being utilized. In addition, the lack of visibility into current inventory levels of par monitored locations causes day-to-day tasks like replenishing equipment to be reactive and inefficient for supply chain staff. The PAR level dashboard provided with InSites Asset Optimization allows hospital staff to extend the value of their investment in RTLS by leveraging real-time operational intelligence to automate tasks, streamline equipment workflows, and give time back to caregivers.
The PAR Level Clean Distribution Dashboard enables supply chain staff to see current equipment inventory levels for PAR monitored locations compared to the established PAR level. The dashboard indicates if PAR monitored locations are Stocked Out, Critical Under PAR, Under PAR, Over PAR. Using this information, supply chain staff can ensure clean storage locations continuously have sufficient inventory, while also enabling them to redistribute overstocked equipment to other locations.
The PAR Level Soiled Pick-Up Dashboard enables supply chain staff to locate equipment that needs to be sterilized and then delivered back to Clean Storage locations. Staff can also use this report to ensure soiled equipment storage locations do not exceed their capacity, which could negatively impact patient safety.
With InSites Asset Optimization, supply chain managers and facility staff can right-size their inventories and their budgets. The ability to analyze the utilization data of what they own and rent enables leaders to make better procurement decisions, avoid redundant equipment purchases, and save significant money. Hospital leaders can also manage inventory more effectively across multi-site operations, allocating surplus equipment where needed rather than purchasing new items.
Because many hospitals have decentralized rental processes, it can be difficult to see the significant impact that rental equipment can have on the overall capital budget. InSites Asset Optimization gives supply chain managers more accurate visibility into their rental payments by revealing rental cost by type of equipment or individual asset over a designated period of time, and they can compare those costs to the utilization of that rented equipment. These reports enable staff to avoid unnecessary rentals, adjust rental contracts, and optimize return processes to save money. A centralized rental process is recommended for maximum benefit.
In addition to real-time information, much of the value InSites can bring to your organization is in reports and analytics. The Asset Optimization product has multiple queries and reports available. Users are able to access a reporting application that contains commonly desired reports that can be filtered and configured to meet your exact parameters (time frames and locations). The InSites Business Intelligence (BI) application provides access to vast amounts of contextual data, allowing management team and process improvement folks to analyze trends, identify improvement opportunities within the organization, and report on key performance indicators (KPI’s).
Several example reports are provided, allowing users to easily modify them to their data set and specific needs. In addition, data can be exported to Microsoft Excel for further processing or sharing. You can also schedule reports to be automatically generated and distributed on a daily, weekly, monthly, quarterly, or annual basis.