MedTrac Solution Highlights
Charge to Patient for Patient Level Costing
MedTrac Charge to Patient uses barcodes to identify the stock that is used for patients. An intuitive dashboard shows authorized staff the entire procedure item cost for each patient. This includes a standard interface to export the data for use in a Patient Level Costing (PLC) data warehouse. With this PLC data, healthcare providers are better able to plan their spending and manage performance.
MedTrac Consumption Management allows healthcare providers to follow the complete lifecycle of items. With end-to-end visibility of inventory, you can maximize efficiency and minimize waste. The system uses barcodes to track the progress of each item from receipt, put away, transfer and usage. It also provides accurate information about ownership at every stage. MedTrac Consumption Management allows accurate matching of supply to demand and optimizes ordering.
MedTrac Demand Management keeps track of lower value healthcare items throughout their lifecycle. These items are often the bulk of what is used. Targeting particular groups of items gives focused control over inventory and consumption while minimizing the workload.
MedTrac Receipt Management is an easy way to create an accurate record of all the stock that is received by a healthcare provider. The process is quick and efficient, doing away with the chore of typing in the details of each consignment, while maximizing the visibility of your stock.
The information can go directly into existing enterprise resource planning or financial systems. By loading all purchase orders into MedTrac, it becomes simple to receive and track back orders. It enables better analysis and control of orders to help keep costs down, raise efficiency and reduce errors.
Performance Management provides a complete breakdown of inventory. An inventory risk dashboard informs authorized staff whether items are overstocked, lost or at risk of expiring. This gives healthcare providers the ability to avoid waste by tracking down anything that has gone missing and prioritizing the use of healthcare supplies that are closest to expiring. Performance Management also highlights any supplies that remain unused so you can review future stock needs. The consumption trend analysis is valuable for planning ahead and ensuring cost-effective procurement.
Healthcare organizations can now have access to the latest logistics management techniques thanks to partnerships with supply chain and logistics experts such as DHL and NHS Supply Chain. This is transforming their ability to operate world-class, seamless, cost-effective systems. The MedTrac Managed Inventory Service (MIS) lets you know what is in stock and what is needed. This is available through NHS Supply Chain and is delivered by DHL.The end result is a streamlined delivery service which can cut the amount of space required for storage and dramatically reduce the number of vehicle deliveries to your hospital.
"Using MedTrac has meant that staff has more time to spend running the department and caring for patients rather than concentrating on inventory management and stock control"
- North Bristol NHS Trust