Blog Post:

Banks Like Accurate Numbers

Aug 6, 2019

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Are you looking for financing for a Capital Improvement Project? Need to improve your Balance Sheet?

Clinical Supplies are often treated as expensed items and not as assets. These supplies can account for 17% to 40% of your operating budget. Why would you not want to show this and improve your financial reporting?

Another area to capture and book missing dollars is with Consignment. Do you really know what is Consigned vs. Owned? Many of the items that you are ignoring in your counts because you believe them to be Consigned are actually owned. On average, our clients have found a 27% pickup that they were able to post to their financial reports.

Let us show you how.

Contact us today so that we can design a process customized to your specific needs.

Clinical Inventory
Physical Data Capture of Inventory Supplies

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Perpetual System Inventory Updating

DSC will perform a real time inventory count of perpetual supply areas while transactions are frozen. Once the counts are audited and verified, they are posted in the system.

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Cycle Count Program

Cycle Counts may be performed on any number of product types such as consignment, perpetual, implants.

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Pharmacy Inventory Services

Custom designed to your specific accounting requirements.

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Laboratory Data Capture & Inventory

We will conduct a physical count of your laboratory supplies using proper Units of Measure based on item master criteria.

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Comparative Analysis

Detailed report showing changes over time so that you can evaluate progress.

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Consignment Verification Program

We will schedule meetings with the manufacturer representatives and vendors of the consignment products to collect, review, and update contracts. When completed, DSC will conduct the initial consignment inventory.

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Surgical Tray Audits

Surgical trays are normally included in a standard physical inventory, however, this can be offered as a stand-alone service.

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Pre-Inventory Training

DSC can train your department heads so that all departments are conducting inventory operations consistently and in compliance with corporate directives.

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Special Projects

DSC can provide fully credentialed on-site resources for support of special and/or short-term needs.

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Standardization

Based on observation during an inventory and/or assessment, DSC can help identify which items are counted or not counted at specific locations.

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