Hospitalwide inventory turnover gives hospitals positive results.
This article describes the problems involved in reaching a rational inventory investment and describes a hospitalwide inventory turnover program that can be used as an aid in reaching this decision. The article illustrates a hospitalwide inventory program at one hospital. The systematic program entails the collection of data, review of the data to develop a program for reducing inventories, and monitoring of the results.
D001130:Arizona; D003365:Costs and Cost Analysis; D006745:Hospital Bed Capacity, 300 to 499; D007445:Inventories, Hospital / Q000191:economics*; D008421:Materials Management, Hospital / Q000191:economics*