FOR IMMEDIATE RELEASE
5/31/2005 3:00:00 AM
5/31/2005 1:01:02 PM
Floyd Receives National Leadership Award from VHA
Floyd Medical Center is one of 13 hospitals in America to receive the 2005 VHA Leadership Award for supply chain management improvement.
The award recognizes process improvement efforts at Floyd to facilitate better use of the hospital’s Omnicell automated dispensing system in surgery.
As a result, lost charges for surgical supplies declined from $2.5 million annually to $73,400 and revenue increased by $2.6 million. Changes in the process and troubleshooting also resulted in better use of employee time and reduced complaints about the system from 10 per month to zero.
“This award validates the dedicated focus of our supply chain team to improving the processes for purchasing, distributing and managing the materials and products we need to run our hospital,” Kurt Stuenkel, Floyd president and CEO, said. “Supplies are the second leading expense category for our organization, behind salaries, so controlling these costs enhances our ability to hire staff and provide better patient care. The award was presented for our efforts with the Surgical Supply Distribution Improvement Project. The results of this initiative have been significant improvement in efficiency and effectiveness of our supply chain program.”
VHA Inc. is a national health care provider alliance of leading not-for-profit health care organizations that work together to improve the health of the communities they serve. VHA delivers industry leading supply chain management services and enables regional and national member networks to improve clinical and operational performance and drive sustainable results.