Management Health Solutions Announces Significant Demand for Inventory Services
Stratford, CT – May 11, 2017 – Management Health Solutions, Inc. (MHS) announced today that its industry-leading outsourced inventory valuation services division has experienced strong customer commitments already in 2017. Through the first four months the committed assignments represent more than $750 million in aggregate inventory valued.
The MHS contracts reflect a substantial renewal rate from customers along with new client additions. Valuation services are provided to organizations using the full spectrum of materials management/supply chain systems, including Infor/Lawson, PeopleSoft, McKesson, and many others.
“We are pleased with the increased level of customer support for our inventory services, especially during this historically slower part of the year for hospital inventories,” said Lori Stitt, Vice President and General Manager, Physical Inventory Business Unit at Management Health Solutions. “This momentum affirms that our deep domain knowledge and extensive experience are highly valued by healthcare organizations across the country.”
As the premier provider of med/surg and pharmacy inventory valuation services, MHS provides accurate and auditable results for over 800 inventory events annually.
About Management Health Solutions
Management Health Solutions provides inventory valuation services as well as technology solutions that give customers a unique Clinical Operations Decision Support system. Through capture and analysis of comprehensive procedural utilization data, healthcare providers gain insights they need to reduce spend and drive efficiency in clinical operations. The company builds its solutions by combining advanced technology with a modular suite of on-the-ground outsourced and advisory services in procedure cost management, master data management, and inventory valuation.
MHS’s recently introduced Case Cost 360 is the flagship analytics product generating sophisticated procedural cost understanding. The company’s mobile technology is deployed in hundreds of hospitals and integrated delivery systems from the warehouse floor to the operating room. Learn more at mhsinc.com.
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