How to Successfully Manage Orthopedic Inventory

This video is part of our series of educational videos, looking at how to manage medical inventory in different settings.
This video is about managing orthopedic inventory, which is particularly tricky to manage in hospitals, health systems and ambulatory surgery centers.
The video looks at how to better manage orthopedic medical devices and implants and the new technology that is providing a robust solution for end-to-end inventory tracking and documentation, both for items held in stock, and for ALL reportable, billable items consumed at the point of care - including bill-only products, and all those small consumables recorded on the implant sheet.
Here's a timeline for our video: Managing Orthopedic Inventory
00:00 Introduction to How to Successfully Manage Orthopedic Inventory.
00:23 Challenges of managing orthopedic inventory in procedures and surgeries.
01:10 The problems of managing inventory, optimizing case revenue, and patient safety.
02:00 Why point of use perioperative documentation systems are inadequate.
02:30 The 3 vital elements of a complete inventory management system for orthopedic stock.
02:48 Next generation orthopedic management solution using AI technology
03:08 Item level inventory tracking
03:37 Automated RFID smart cabinet technology TotalSense
03:52 Mobile store room management - virtual smart cabinet.
04:16 Why hospitals fail to collect 100% usage data at the point of care.
04:34 Point of use product documentation system - Snap&Go
04:57 Orthopedic charting using implant sheet digitization.
05:16 Snap&Go next generation point of use utilization documentation tool using image recognition technology.
06:07 The importance of data in healthcare management.
06:33 ROI on getting orthopedic tracking right on performance and margins.
06:54 Orthopedic data collection with IDENTI Medical's solutions.
07:17 IDENTI can help you with inventory tracking in orthopedic departments in hospitals and ambulatory surgery centers (ASCs)
The second most significant cost for many healthcare facilities is related to medical supplies. Therefore, meticulous control of these expenses, incorporating measures to reduce costs and minimize waste, can significantly impact the overall financial performance. The utilization data plays a pivotal role in efficient healthcare supply chain management, with hospitals and ambulatory surgery centers recognizing the importance of operating room data in enhancing the effectiveness of clinical, operational, and financial aspects of healthcare delivery.
About Snap&Go
Here's more information about Snap&Go: identimedical.com/snap-and-go/
About TotalSense:
See more information on our smart cabinet: identimedical.com/total-sense
About IDENTI:
IDENTI Medical is a leading provider of data sensing solutions for the medical supply chain.
Our solutions collect and analyze data on medical inventory and consumption to improve operational efficiency, reduce costs, and boost patient safety. IDENTI Medical offers a wide range of data sensing solutions for the medical supply chain, including:
• TotalSense Cabinet: A smart cabinet that tracks and manages medical supplies in real time. There is also an associated mobile app that converts storerooms into virtual smart cabinets.
• Snap&Go: A computer vision and AI powered solution that records every reportable implant and consumable at the point of use.
• Kanban and PAR: Kanban&PAR automation technology, including digital tags for your existing bins and the unique wireless, weight-based PAR bin. • Narcotics Cabinet: A cabinet that tracks and manages narcotics and other controlled substances for decentralized dispensing.
• Narcotics Cabinet: Secured smart cabinet for medications, controlled drugs and narcotics with full user and item tracking and single cell dispensing for a decentralized pharmacy.
IDENTIPlatform™: A management platform that provides real-time visibility into medical inventory and consumption - providing metrics, reports and data insights. We are committed to helping our customers to improve the efficiency and quality of their healthcare delivery.
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