Australian Healthcare Industry Data Crunch Report
Healthcare Data Crunch
Quantifying the benefits of accurate data in an electronically enabled supply chain
The latest industry research study “The Australian Healthcare Industry Data Crunch Report” reveals the impact of inaccurate and inconsistent data across the Australian healthcare industry and the effect on patient safety. The report highlights a range of areas where further adoption of the GS1 Standards and the National Product Catalogue (NPC) can significantly improve data quality, leading to savings of between AUD$30 million - AUD$100 million per annum.
Key findings include unnecessary spending in the following areas:
- Procurement: Estimate of AUD$8.8 million spent on resource to manually check unit of measure data in purchase orders, and an estimated AUD$4.37 million spent to ship emergency deliveries due to under supply.
- External logistics: Estimate of AUD$6.98 million used by different supply chain partners to collect weights and dimensions for the same products.
- Reimbursement of prostheses: Estimate of AUD$1.26 million spent for clarifying prostheses rebate codes while an approximate AUD$8.75 million is lost in revenue from the unclaimed joint replacement prostheses.
The study was commissioned by the healthcare industry with the support of the National E-Health Transition Authority Supply Chain Reform Group (NEHTA SCRG) to focus attention on the need for continuous data quality improvement in healthcare.
Download your copy of the report today.