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Clinical Supply Chain

Management

Optimization

WSHMMA Conference April 24, 2008 Bremerton, Washington Presented by Jamie C. Kowalski

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The Perfect Storm

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“Even small healthcare institutions are complex, barely manageable places. . . Large healthcare institutions may be the most complex organizations in human history.”

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Futurescan: A Summary of Trends

• Continuing Problems With Access to Care

• Payments Increasingly Linked to Performance • Transparency of Costs, Quality and Service

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Futurescan: A Summary of Trends

• Physicians as Collaborators and Competitors • Nurses as Integral to Safe, Effective and

Efficient Care; in short supply • Consumers

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Healthcare Expenditures Growing Rapidly

Source: Center for Medicare and Medicaid Services; industry reporting; Pipal Research analysis

By 2010 … Age 60+ population 23.8% Healthcare Expense as % of GDP 18% Overall healthcare expenditures $2.9 Trillion 1.4 1.6 1.9 2.2 2.5 2.9 2000 2002 2004 2006 2008 2010 CAGR = 8.4% CAGR = 7.4%

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Expense Growth Rates

2002–2004

Expense Growth Rates

2002–2004

“Supplies”*—The Fastest Growing

Expense Category

Source: The Advisory Board Company, 2005 *Supplies defined as total expense for all consumable products

Total Operating Cost Salary Expense Benefits Expense Consumable Supply Expense Supply expense increasing 64% faster

than all other categories

Supply expense increasing

64% faster

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The Required Focus—The Supply

Chain, from Origin to Point-of-Use

Deliver to Point of

Use Evaluate,

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The Other Supply Chains

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Clinical Supply Chain

The Problem … (or Challenge)

• Who is Managing? How Well? • High dollar item spend and use

• A typical 400+ bed hospital can spend in

excess of $50M annually on clinical preference products

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Clinical Supply Chain Represents Untapped Opportunity; Biggest Piece of Pie

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Medical Devices/Implant Market Trends; Fastest Growing Expense Category

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Cardiovascular and Orthopedic

Supplies Driving the Spend Growth

2006 2011

Category $B Spend% of $B Spend% of GrowthAnnual

Cardiovascular Cardiovascular 22.8 28% 42.1 30% 17% Orthopedic Orthopedic 15.2 19% 31.0 22% 13% Disposable Surgical Disposable Surgical 3.8 5% 12.1 9% 24%

Wound Care & Endoscopy

Wound Care & Endoscopy 4.3 5% 5.7 4% 6%

Total Spend 80.0 100% 139.8 100% 12%

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Supply Chain Expenses Reaching,

Exceeding 50% of Total Hospital Expenses

25%

25%

Supplies

* Figures based on HFMA estimates. Labor cost includes salaries, wages and benefits based on average of leading hospitals in the U.S. and Others is inclusive of profits to the hospitals. Source: S&P Industry Surveys: Healthcare Facilities; HFMA; industry reporting; Pipal Research analysis.

Total 100% 100% Clinical & General Labor, Other 45% 45% Others 15% 15% Logistics & Distribution 15% 15%

Total Cost Incurred by Hospitals

Total Cost Incurred by Hospitals

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Clinical Supply Chain Performance

Gaps; Metrics, Visibility Not Available

1st Time

Order Accuracy

Lines/

Order Turns Expiration

1.5 2.1x 5% EDI% 25% Charge Capture 75% 78.8% 98% 10 10 0.02% 95% 100%

Source: Sample of O&M customers

Commodity Supply Chain Performance

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Clinical Supply Chain Spend Analysis Drill Down -Supply Intensive Department Focus

Aggregate Annual Spend

• Surgery $11,276,531

• Pharmacy $ 6,910,140

• Cardiac Cath Lab $ 3,748,911

• Laboratory $ 2,205,541

• Radiology $ 661,727

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Order

Mgmt Fulfillment Process Delivery Service

Customer Customer ? ? Inventory Mgmt Supplier

Supplier CommonCommon

Carrier

Carrier

Key issues:

Key issues:

Abdication of responsibilityAbdication of responsibility

No strategy/vision for improvementNo strategy/vision for improvement

Lack of visibilityLack of visibility

Intensive resource needIntensive resource need

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19 Fi na nce Volume Throughput Outcomes No CDM # No CDM # 2 2 Nursing overtime; Cost, Dissatisfaction Retention Nursing overtime; Cost, Dissatisfaction Retention 6 6 Block time exceeded; MD Dissatisfaction Block time exceeded; MD Dissatisfaction 5 5 Lost Revenue Lost Revenue 9 9 Invoice discrepancy Invoice discrepancy 10 10

Not on case cart; Secondary chain

req’d

Not on case cart; Secondary chain req’d 3 3 Case delayed; Cancelled(?) Case delayed; Cancelled(?) 4 4

Supply Chain Surgery Revenue Cycle

Standardization rebate loss; Staff unfamiliarity; Quality of care Standardization rebate loss; Staff unfamiliarity; Quality of care 8 8 Consignment inventory – new Hip Prosthesis; Reorder failure Consignment inventory – new Hip Prosthesis; Reorder failure 1

1 Item not billed,

Billed late, incorrectly

Item not billed, Billed late, incorrectly

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Projected Annual Expense: $518,000

Source: Health Care Advisory Board Orthopedics Practicum: Best Practices – Demand-Matching Guidelines

Projected Annual Expense: $518,000

Source: Health Care Advisory Board Orthopedics Practicum: Best Practices – Demand-Matching Guidelines

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Most Technology Tools Not

Integrated, Gaps, Lack Analytics

Inventory

MMIS/ ERP

Clinical Charge

ƒ Isolated systems lack integration ƒ Overlapping functionality

ƒ Classification inconsistencies ƒ Clinical staff left to manage

expensive, liable supplies

ƒ No vendor visibility

ƒ Little, if any, spend analytics or

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What Operators Need

• Clinicians

• Supply Chain

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Focus on Opportunities

with Biggest Return

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Clinical Supply Chain

Optimization Objectives

• Reduce Expense: Right Product, Price, Usage • Increase Revenues: Know Cost; Right Cost;

Right Charge; Capture Charge

• Enhance Clinical Staff Satisfaction: Time on Nursing; Supply Chain Works

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Begin With Strategic Plan

• Current State: Organization, Processes • Opportunities

• Performance

• Customer Service • Technology

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Optimized Clinical Supply Chain

Management Model

ORGANIZATIONAL ENABLERS / ADMINISTRATIVE SPONSORSHIP (Change Management/Communication/Performance Management/Commitment)

SUPPLY EXPENSE MANAGEMENT VALUE ANALYSIS

(Optimizing Value in Selection, Specification

& Utilization, Including Clinically Sensitive Products) SOURCING CONTRACTING Vendor Relationship Management INVENTORY MANAGEMENT and REPLENISHMENT Forecasting Demand; Requisitioning & Replenishment; Managing Supply Availability and Inventory PURCHASING & PAYMENT CYCLE Order Placement, Three-way Match Accuracy, Timely Payment TRANSPORTATION & LOGISTICS External Logistics, Receiving, Internal Distribution (5) KEY ELEMENTS OF A WELL PERFORMING SUPPLY CHAIN

Optimum Performance = Lower Non-salary Cost, Dependable Service Delivery and Improved Productivity

TECHNOLOGY DRIVERS

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Clinical Departments Need Technology Driven Solution – Not Software

Resources (Normalize Data, and

Analyze Spend Data) Inventory

Management (Expiration, Obsolesce and

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Clinical Supply Chain Management;

Comprehensive Technology Tools

REVENUE MGMT INVENTORY MGMT CLINICAL UTILIZATION CONTRACTMGMT SPEND ANALYTICS

• Integrated, proactive service

that enables process standardization

– Technology platform – Resources (on/off site)

• Deliverables

– Clinical utilization data – Contract management – Spend analytics

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Technology Platform - Optimum Integration, Interfaces to Other Systems

Clinical System

ADT

Purchasing

Billing

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29 Patient-Payor Billing ADT BILLING INTERFACE

• Reduce/eliminate expired product • Manage/monitor par levels

• Reduce overstocks

• Manage freight & contracts

• Utilization data • Clinical use data

Electronic charge capture increases billing accuracy & accountability

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Optimization Starts at the Beginning;

Point of Use; Charge

¾ Clinical staff simply waves the product at the Point of Service (POS) reader when used

¾ Product info is simultaneously entered into Technology Platform and clinical

documentation system for proper tracking and billing

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Value Analysis Structure

Project Sponsor Specialty Services VAT General VAT Steering Committee Internal or External Consulting Team Technology Enablement

Hospital & Physician Participation

Physician Leadership Pharmacy CMO CFO COO CNO Focus Teams Non Clinical Clinical Surgical Services, Cardiac Cath Lab,

Women/Child Services Dietary Agency…

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Physician Engagement Required

• Executive Process • Education

• Communication

• Data & Information • Persuasion

• Negotiation

• Motivation (Aligned Incentives)

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Utilization Management

• Activity Based Costs; Procedure

• Cost Comparison between Physicians • Connection with outcomes: LOS,

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Contract Management

• Contract Coverage • Contract Compliance

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Sourcing and Contracting

• Value Analysis Driven • GPO or Self Contract

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Optimization—Key Performance

Indicators/Metrics

• Monthly KPIs report on

the following by department

– Owned & consigned

inventory

– Inventory turns

– Cost per procedure

– Purchase vs. Usage vs. Case Load – Charge capture – Savings $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 Oct '05 Nov Dec Jan ' 06 Feb Mar Apr Ma y Jun Jul Aug Sep Months 0 200 400 600 800 1,000 1,200 Oct '05 Nov Dec Jan

'06 Feb Mar Apr May Jun Jul Aug Sep

C

a

ses

Total Purchases Usage Procedures

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Technology Enables Strategic Plan,

Performance Optimization

• Capture and Display Metrics: Consistent, Accurate, Timely

• Recognize Trends

• Stratify in Variety of Ways

• Avoid “One Indicator” Syndrome • Don’t Measure it, Can’t Manage it

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Discussion, Adjourn

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Selection and Spend Management

• Value Analysis

• Usage Management

• Spend Visibility — How can this be stratified, analyzed?

• Reduce Product Pricing

• Increase budgetary accountability at user level

References

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