Helping you understand your Supply Chain

Hospital supply chain costs are consistently the second largest expense after labor, often consuming 30-40% of total operating budget according to numerous agencies, including the Healthcare Financial Management Association (HFMA). With margins often in the single digits, hospitals can benefit from small improvements, and supply chain savings of even 10% can improve the bottom line by 3-4%. This could provide more patient care and improve a hospital’s financial viability.

Supply chain management can no longer be considered transactional, but should give insight beyond merely what is purchased, to include how materials are being used and valued by the organization, payers and patients. This is where Organon Professional Services can help.

Organon provides custom business intelligence and decision support solutions to Hospitals and Healthcare organizations looking to lower costs, increase efficiency and improve price transparency and accountability in their supply chain.

Supply Chain insight supports your ability to give care

Hospitals typically track as many as 30,000 stock-keeping units (SKU), and carry approximately 7,000 SKUs in inventory at any one time. Traditionally, a surplus mentality has existed to reduce availability risk, serve low probability needs and accommodate physician preference.

Better inventory granularity, forecasting usage patterns, and innovative use of supply chain partners are just some strategies served by decisions and intelligence based on better use of your current data. Savings and efficiencies over time allow your sustained ability to deliver patient care.

Organon can help you define business intelligence and decision support solutions customized to your existing environment, often extracting hidden information from varied and multiple data sources across your organization.

Organon – the right team

Organon is a team of highly experienced business intelligence experts with real-world understanding of hospital supply chain challenges. We’ll work closely with you to understand the unique processes that make your organization competitive and viable – and develop innovative solutions to help you improve your bottom line and deliver sustainable care.