Consumable Medical Device Solution
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1 Consumable Medical Device Solution Supporting Clinical Excellence and Patient Care through Procurement and Supply Chain Integration and Collaboration +44(0)
2 Acute Healthcare Challenges There are three primary challenges often faced by both public and private healthcare organisations in the acute sector looking to save money, deliver better patient experiences and outcomes and capture data at point of care: 1) How to quickly get an accurate, complete and detailed view of patient costing and usage at the item level across each specialist department, even across multiple Trusts or Organisations in order to track procedures and improve overall service 2) How to manage and optimise local consumable medical device stock to ensure right product is available every time, reduce obsolescence, minimise stock-outs and generally improve patient care 3) How to make the most of aggregated spend data to reduce costs, improve service levels, maximise supplier performance and increase profitability Transforming disparate back offices with proven solutions and experience, Acquris delivers outcomes for the NHS highlighted within the Carter and Wachter reports as well as enhancing Private Sector Healthcare organisations Acquris transforms acute healthcare through the provision of integrated procurement, supply chain and clinical patient costing solutions and procurement advisory services that together address the three primary challenges. Stockouts leading to cancelled procedures Failure to accurately track & trace devices, implantables and prosthesis used in theatre Delay in managing MHRA Alerts and other governance issues Wrong stock or too much stock leading to cash-flow problems Higher net prices and inefficient supplier management Failure to capture all modality codes at point of care resulting in loss of revenue Manual processes that result in data errors or lost data Reduced collaboration across the key functional teams Missed savings opportunities due to lack of spend visibility Process inefficiency leading to lower levels of patient care and experience Almost every acute healthcare organisation struggles to put the basic infrastructure in place because: Lack of available cash Limited experience to implement change across Clusters and Organisations Time pressure resulting from the focus on managing increasing patient demand All of this creates unnecessary delay in implementing the very solutions needed today 1
3 Improving Consumable Medical Device Management The Carter Report and Wachter Report highlighted an immediate demand for digitisation and procurement savings, driven by a shortfall in funding, inefficient processes and a rapidly ageing population. Additionally, the NHS has adopted GS1 standards and barcode implementation follows a strict timetable created by the Department of Health. Within this challenging environment, Health Boards and Health Organisations need solutions that have a co-ordinated, multi-site, multi-trust business-orientated approach one which delivers collective digital transformation, efficiency savings and net cost down in support of clinical excellence and patient care, all in a cost-effective way. Acquris is different, innovative and practical; a consortium of proven expertise and successful delivery Acquris offers a market-leading, next generation solution through a consortium of three healthcare and procurement specialist organisations: Xoomworks S2P Implementation, Spend Aggregation, Cost Down & Advisory Elcom P2P Software and Advanced Invoice Management AssistivePartner Inventory Management & Patient Costing AssistivePartner (AP) AP has been working in the Healthcare sector for 11 years; providing Hospital Inventory Management and Patient Costing software. AP were part of the team at UHL Leicester where we transacted approximately 120,000 scans of product used in all Cardiology and Radiology theatres. AP also provide a significant number of Community Health organisations with similar software, including those at Kingston. Using AP software, approximately 1,500,000 items are delivered annually into peoples home to support their care. Elcom International Elcom provides all 22 Health Boards in Scotland with a singular P2P platform that is also available to all Government bodies in Scotland and currently processes around 6bn per annum, with some 140,000 suppliers and 120,000 users participating. In addition, Elcom are on the National Framework for the provision of Catalogue capability. Because of a 10 Year relationship with Elcom senior management, it was felt that our new partnership model would offer even more value to Trusts. Xoomworks Xoomworks helps organisations transform their procurement. Over the past 16 years, Xoomworks has worked on over 200 procurement projects including a significant number of Source to Pay implementations, rescue projects and optimisations. Through its own e-sourcing capability, Xoomworks multi-lingual team runs hundreds of events annually across the world for major organisations, achieving hundreds of millions in savings. In addition, its advisory services and partnerships with leading technologies enable end to end transformation from spend visibility through contract and risk management, to supply chain financing.to support their care. 2
4 What is Acquris Consumable Medical Device Solution? The Consumable Medical Device Solution is an innovative holistic and proven approach to the management of medical devices within clinical areas, local stock rooms as well as back office functions such as Procurement and Finance. Our integrated 3 Tier Solution covers all of the key activities needed to provide a best-in-class service as it delivers a range of benefits to your acute healthcare hospital specialist departments. Acquris collective expertise is designed to meet your patient needs The Solution comprises three complementary tiers, each of which has a number of sub-components: Tier 1 Tier 2 Tier 3 Integrated Procurement, Inventory & Patient Costing software for accute departments Procurement Consulting Services to Hostpital Procurement Directorate Outsourcing Procurement of Clinical Consumables Patient Costing Spend Analysis and Spend Aggregation Outsourced Spend Analysis and Spend Aggregation Purchase to Pay & Catalogs including einvoicing Cost Down, Category Development and e-sourcing Outsourced Cost Down, Category Development and e-sourcing Inventory Management Contracts and Supplier Management Outsourced Contracts & Supplier Management Organisation Design, Training and Governance Tier 1 provides a base level of inventory management systems, patient costing systems, purchase to pay and catalogues including e-invoicing as well as IT support. Our solution can be introduced alongside differing multi-trust ERP s systems to provide standardisation and aggregation opportunities. In addition, we can help design your processes as well as governance and procedures. Tier 2 takes Tier 1 to a whole new level, offering individual and collective procurement organisations with the vehicle to drive even better procurement outcomes through spend analysis, sourcing including running auctions, category development, enhanced supplier management as well as the furtherance of individual departments through better structures, training and governance. Tier 3 provides complete support through outsourcing, whereby Acquris will manage some or all of your spend areas, from medical devices to indirect and beyond. Services range from running RFQs and auctions to fully outsourced back office infrastructure. 3
5 You Choose the Solution You Need for Your Acute Hospital All of the Consumable Medical Device Solution is available to you, whether your aim is to reduce risk, increase savings, deliver process efficiency or improve working capital, Acquris works with you to develop a clear, practical strategy and delivery plan and then executes to give you what you have been asked to provide. The Consumable Medical Device Solution can be implemented across multiple Departments, Hospitals and Trusts to provide true visibility and benefits. Supplier Check Min/Max & Create Order We will work with you to capture your specific requirements and show you how by stretching your thinking you can have what is already a reality in some hospitals. Whatever your current circumstances, Acquris will work with you to create an affordable step change in support of clinical excellence and patient care through achieving real net savings and efficiency savings. As well as prioritising your requirements within a single Department, Hospital or Trust, our solutions also enable you to aggregate your spend to squeeze out the value across a Cluster or even across multiple Clusters or indeed across your entire Acute estate. By bringing our teams and solutions together from the outset, we aim to create a collaborative entity and peer-to-peer relationship at every level, in which your colleagues know and trust our people Procurement Advisory & Outsourced Services Scan Out during Consumption Product Catalogues, Pricing, P2P including Invoicing & Inventory Management Patient Costing and Procedure Data captured Clinical Reporting Acquris Consumable Medical Device Solution Update Stock Acquris provides the transformation expertise and momentum to help you create the acute healthcare back office infrastructure and savings you need in the most effective way to reach your goals 4
6 Delivering Benefits Delivering benefits Just some of the benefits that Acquris Consumable Medical Device Solution delivers: Tier 1: Integrated Patient Costing, Inventory Management and Procurement systems available in weeks not years - typically taking 12 weeks to implement Tier 2: Procurement Consulting Services to include delivery of Aggregated Spend Data and Category Strategies in support of multi-site benefits realisation Tier 3: Outsourced Procurement where we provide the resource and expertise Obtain detailed information for each procedure including morbidity codes and line by line usage and costs through the scanning out of items used at point of care Enable all your specialist departments to use WHO procedure frameworks reducing risk and enhancing compliance Accurate track & trace of devices, implantables and prosthesis used improving safety Release clinical staff from administration increasing bedside time Have full oversight of your stock and consignment stock, buy only what you need, reduce obsolescence and improve availability Identify and act upon patterns in spend data to uncover additional strategic sourcing opportunities Identify and deliver cost savings or supplier consolidation opportunities Improve forecasting and better informed decision-making processes through reliable and accurate spend data input Provide benchmark data and insights within your sector (optional service) Identify operational efficiencies and improve supplier management Create greater collaboration within your procurement, finance and clinical teams Release local resources to focus on patient care Access latest tools and services not available within the Trust We know what works and what doesn t meaning results are achieved more quickly Next Steps Please contact Acquris to find out further information and begin discussions on how we can help you achieve your targets. 5
7 Acquris transforms acute healthcare through the provision of a Consumable Medical Device Service (CMDS), which consists of integrated procurement, supply chain, clinical patient costing solutions and procurement advisory services. Combined, these deliver cashable savings, efficiency gains and support better patient outcomes. Acquris Dunstan House 14a St. Cross Street London, EC1N 8XA enquiries@acquris.co.uk Telephone: +44 (0) (0) procurement@xoomworks.com
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