ROI or COI

ROI or COI

Hospitals speak the language of Return On Investment (RoI). When evaluating any new technology, a key criterion is the expected ROI. How many tests / procedures can be performed with the said technology? What is the useful life? What revenues can it generate? When it...
“Just In Case” Inventory

“Just In Case” Inventory

One issue that older hospitals face with surgical instrument inventory is that inventory gets managed on a “Just in Case” basis, rather than “Just in Time”. i.e. A hospital starts carrying more inventory than required, just in case the surgeon demands or just in case...
What gets measured, gets managed!

What gets measured, gets managed!

One way to achieve cost savings in the CSSD department is to reduce wasted cycle of costs, not just in terms of human labour, but also material costs including packing material, indicators, utilities such as water, electricity, etc. These costs could amount to...