The healthcare industry is facing significant challenges that affect how hospitals and implant manufacturers do business. Surgery Exchange streamlines their interactions to help them meet their respective financial goals in the face of constant pricing and regulatory pressures. In addition, it delivers greater accuracy and transparency, while reducing operating costs for everyone involved.
Beginning when a surgery is scheduled, then moving to case planning activities, capturing usage, and issuing vendor’s purchase order – Surgery Exchange provides hospitals with the transparency and visibility needed to automate and take back control of the costly and time-consuming activities involved with implant surgeries, producing measurable cost-savings, efficiencies and accountability before, during and after surgery.
Utilizing the cloud-based platform, Surgery Exchange delivers a robust 3-phase program that gives providers the ability to control and manage consignments, optimize logistics and – if desired – move toward a self-distribution model focused on the entire episode of care.
Surgery Exchange does not replace systems at hospital. Rather, it brings these systems, hospital staff, and case stakeholders into an efficient platform that makes people and systems work at their optimal potential while ensuring that the Provider maintains control over the entire process.
Surgery Exchange Features and Benefits Include:
- Breaks down silos and implement a “lean” proactive workflow in accordance with hospital defined rules facilitating communication among all stakeholders when managing implant procedures
- Eliminates redundant manual tasks and bottlenecks to improve workflow efficiency
- Enforces vendor contract compliance before, during, and after surgery
- Acquires knowledge by capturing vendor’s physician procedure specific implant preference card/ product demand signal
- Provides the foundation for the Provider to take over the control and management of the “in house” cosigned and owned implants
- Provides the platform/foundation for the Provider to ultimately move toward a Rep-Lite/Less self-distribution model
- Provides the foundation for the Provider to take over the control and management of the “in house” cosigned products
- Helps Provider implement best practice standards system wide and collects normalized real time consistent data from all service lines and hospitals
- Provides the visibility, transparency, and accountability needed system wide to take total control of the management of Implants, creating the opportunity to negotiate new pricing benchmarks
- Helps hospital avoid lost revenue by providing patient billing visibility to the accurate implants used during surgery
- Assists Provider in addressing and managing CMS/CJR requirements (revision procedures)