NHS launches price comparison website

The health care industry is an expensive business because paying for disposable items, vaccines and imaging equipment adds up very quickly. As a way to reduce hospital errors and streamline operations, many nations have implemented document management programs to organize patient health information.

In the United Kingdom, specifically, a recent study from the Policy Institute found that the government could be doing more to improve the bottom line by relying less on hard-copy records and moving toward electronic processes.

Around the same time, the National Health Service (NHS) announced that it would be the first government agency to move toward paperless solutions—hoping to be entirely paperless by 2018. Based on information that was released in its study, the NHS decided that it was necessary to attack waste within inventory first.

"The government is putting an extra £12.7 billion, [$20.4 billion] into our NHS but that money needs to be spent much more wisely by local hospitals," U.K. Health Minister Dan Poulter said in the statement. "When our NHS is the single biggest organization in the UK, hospitals must wake up to the potential to make big savings and radically change the way they buy supplies, goods, services and how they manage."

Now, administrative staff members at hospitals and doctor offices across the nation will be able to access a comprehensive, price comparison website that the NHS built. This measure is meant to decrease spending up to 50 percent, Supply Management Magazine explained.

Time and again, office supplies are taking up a larger part of the hospital's order forms, when the priority should be given to medical supplies that are pertinent to patient care.

Though inventory management may not play a large role in how physicians provide patient care, it still takes up a significant portion of many practitioners' budgets. Using business process software can be utilized here to report what medical supplies are needed the most.

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