Controlling costs is a hot topic these days, but it is easier said than done, with many external factors driving up the cost of care. In an article published in ProPublica, the authors suggested that there is $765 billion dollars in waste annually that can be both reduced and controlled.
Washington Hospital Services Industry Partner H-Source has developed an innovative solution that can help WSHA members reduce waste by controlling their inventories. H-Source provides a private cloud-based marketplace where you can buy and sell unused devices, pharmaceuticals and equipment, not only reducing waste but also recouping what would otherwise be loss. If you are interested in learning more about how the H-Source solution works, click here. (Paul Unsworth)