Case Study: How Kaiser Permanente saved $8.6M with its ‘Amazon Prime’ for medical equipment

Overview

Health care facilities that need expensive medical equipment often have two options: buy the equipment outright or to rent. Working with Cohealo, Kaiser Permanente deployed an alternative solution: an Amazon Prime-like ordering service that saved the health system $8.6 million in two years alone.

Read on to learn:

  • The supply chain challenges that Kaiser Permanente faced around equipment management, budgeting and access and how they were inspired by companies like Uber and Airbnb to solve those challenges by sharing medical equipment between facilities
  • The internal resources needed for a health system to implement an equipment sharing pilot, including the criteria for selecting the service lines, equipment and facilities for participation
  • The value of sharing equipment, including how financial outcomes such as rental reduction and capital expense avoidance from sharing/collective purchasing can be factored into calculations

Read the whole case study by the Advisory Board and Healthcare Finance.

Or attend Kaiser Permanente’s speaking session at HIMSS19 on February 12th at 12pm.

Learn how Cohealo helps optimize a health system’s equipment spend

This white paper will explore how sharing medical equipment can help hospitals to decrease redundant purchases, improve profitability, and equip providers faster, and at a lower cost.

Read White Paper