Inventory Count Uncovers $46 Million in Hidden Value at One Hospital
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Kara L. Nadeau, Healthcare Industry Contributor
Hospital inventory valuation typically includes supplies that are visible to the supply chain team; and therefore, consistently tracked and documented.
It is the vast number of supplies that fly under the radar, often hiding away in procedural areas (e.g., OR, Cath Lab) and other clinical departments (e.g., ED, L&D), that fall outside supply chain’s valuation.