Management Health Solutions, Inc. Announces Optimal Inventory Control™ (OptIC™) Solution

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Management Health Solutions, Inc. (MHS), the leading provider of clinical supply chain solutions, announced today the launch of the company's Optimal Inventory Control™ (OptIC™) Solution. OptIC™ is the only flexible, three-step solution that reduces the cost of clinical supplies through superior control over the clinical supply process. MHS draws on extensive experience working with leading health systems and detailed knowledge of the latest technologies, leading supply chain practices and implementation methodologies in its approach to the clinical supply inventory management process.

OptIC is the only existing service that meets the demands of strained health systems that are trying to succeed in a constantly changing environment

Management Health Solutions, Inc. (MHS), the leading provider of clinical supply chain solutions, announced today the launch of the company's Optimal Inventory Control™ (OptIC™) Solution. OptIC™ is the only flexible, three-step solution that reduces the cost of clinical supplies through superior control over the clinical supply process. MHS draws on extensive experience working with leading health systems and detailed knowledge of the latest technologies, leading supply chain practices and implementation methodologies in its approach to the clinical supply inventory management process.

OptIC™ drives sustainable improvements in the clinical supply chain by identifying areas of weakness and implementing inventory management best-practices. By counting clinical supplies and analyzing clinical supply data, MHS is able to quantify reduction opportunities and identify excess and obsolete inventory positions. Inventory data is cleansed and maintained by ISO-certified content management experts to ensure clinical inventory data is reliable and drives smart decisions. Working with your data, MHS provides process improvement strategies by mapping the supply process flow and supports handheld technology automation to maintain PAR levels and drive re-ordering.

OptIC™ creates considerable cost reduction opportunities, including a significant reduction in hospitals' inventory investment and supply spend, as well as increased utilization of existing IT investments. Elimination of expired product increases patient safety and limits liability.

"OptIC is the only existing service that meets the demands of strained health systems that are trying to succeed in a constantly changing environment," said Bill Zierolf, President and CEO of MHS. "Other services rely on expensive materials management software which is dependent on proper data entry or standard inventory management strategies which don't take into account the problems specific to stocking clinical items. OptIC is driven by the clinical inventory that is on your hospital's shelves so Materials Management and Finance can be sure that they are working with the best strategies and most accurate figures."

ABOUT MANAGEMENT HEALTH SOLUTIONS, INC.
Management Health Solutions, Inc. (MHS) provides leading clinical inventory valuation, inventory management, data cleansing and data maintenance solutions to many of the largest health systems in North America. MHS combines a 'best-in-class' professional services organization with leading edge technology enabling hospitals to generate a measurable return on investment by reducing clinical inventory costs and improving patient safety. By identifying and removing expired and obsolete products from the clinical areas MHS helps hospitals mitigate risk issues and decrease potential liability. http://www.mhsinc.com

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Kenneth Kelliher
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