Audit Supply Usage / Standardize Supplies

Over time, the cost of even inexpensive supplies can add up so you want to make certain that these supplies are being utilized efficiently. Performing an audit on your supply usage can help expose which supplies are being used the most and which are not used as frequently. From there, you can adjust your stock levels accordingly to reduce the quantities on hand of lesser utilized products. Once you know which supplies are in highest demand for your center, you may be able to save by buying these in bulk as many suppliers offer quantity-based purchase discounts. Signing onto GPO’s may be very beneficial. It’s also a wise idea to periodically compare your current supplier’s prices with other similar companies, you may find that their competition is more affordable.

Use Automated Inventory Management

While you are performing your audit, you may realize that you place last minute orders far too frequently and are spending too much on expedited shipping costs. Implementing an automated inventory management system can reduce these costs. Once you program a threshold, an item will be automatically ordered whenever its inventory drops below a specified number.

Sell Surplus Equipment

Selling your surplus equipment is an easy way to free up space in your facility and have additional funds. When your facility sells equipment, you can use that money wherever it would be most beneficial; for example, to purchase newer equipment with better technology. And newer equipment can help recruit surgeons, increase the efficacy of the procedures they perform, and potentially reduce patient recuperation times.

Equipment Rentals

Cost effective practices can even extend into the need for equipment. If you need to upgrade or replace capital equipment, renting is a smart way to do so without committing to purchasing as long as it is on a short term basis. By renting, you can ensure that equipment is immediately available for use without any capital outlay. This efficient management of resources also allows the user to try newer equipment. You can also use this option with a new uncommitted surgeon during their onboarding process.

Refurbished Medical Equipment

One of the biggest ways for an ASC to save money is through purchasing refurbished medical equipment. Refurbished capital medical equipment costs up to 50% less than buying new. Soma Technology is a one-stop shop for equipment to fulfill your surgery center needs. Soma is an ISO 13485:2016 certified facility that technically and cosmetically refurbishes equipment back to OEM standards. Soma’s equipment comes with a one-year warranty and is serviced by their experienced team of biomedical engineers and technicians. Soma Technology also offers rental and rent-to-own options. Soma also buy surplus equipment. Contact Soma Technology at soma@somatechnology.com, or visit www.somatechnology.com, and receive a quote today to help your ASC save money.