Introducing the optimized Infusion Preparation & Delivery (IPD) portfolio

Designed to help improve your operational and clinical efficiencies.

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BD is evolving with the industry through carefully selected products designed to help improve your efficiency and empower you to provide the best patient care possible.

The optimized BD portfolio may lead to fewer SKUs in inventory, which has been shown to have the following benefits:

  • Improve workflow6
  • Reduce storage needs7
  • Improve contracting and inventory / supply chain management6
  • Reduce number of stock outs8
  • With SKU optimization and standardization, a typical 300-bed hospital may be able to reduce supply inventories by 3%, saving as much as $10 million in operating expenses.9

The optimized BD portfolio may lead to standardized product use, which has been shown to result in the following benefits:

  • Less time needed for training6,10
  • Improved familiarity and comfort with products11
  • Greater reliability of supply6
  • More time to focus on patient care11
  • In 2018, U.S. healthcare organizations spent an average of $602 per employee on learning, and their employees averaged 25.5 hours in training. Reducing SKUs in inventory may mean less training time and expense.6,13

Administrative

  • Fewer SKUs often means a smaller inventory and less time needed for maintenance and management.7
  • With SKU optimization and standardization, a typical 300-bed hospital may be able to reduce supply inventories by 3%, saving as much as $10 million in operating expenses.9


Storage

  • Product standardization results in buying fewer supplies and deploying less capital to hold inventory on site.14

Training

  • With fewer products to learn, less training time is needed for clinicians.6,10
<h1><b>See the benefits of simplification</b></h1>

See the benefits of simplification

The optimized BD portfolio is designed to provide:4,5

The optimized BD portfolio may lead to fewer SKUs in inventory, which has been shown to:

  • Improve workflow
  • Reduce storage needs
  • Improve contracting and inventory/supply chain management
  • Reduce number of stock outs

BD pharmacy products are designed to enhance medication preparation and delivery while helping facilitate compliance. By working closely with pharmaceutical and biotech companies worldwide, we are continuing to help reduce medication errors and improve patient safety. We also provide pharmacy disposal solutions to help ensure the safe disposal of various types of sharps.

Take a closer look at simplification and standardization in action -- Banner Health System¹⁵

Get in touch with a BD representative

References
  1. CDC, ACIP, General Best Practice Guidelines for Immunization: Vaccine Administration. https://www.cdc.gov/vaccines/hcp/acip-recs/general-recs/administration.html. Accessed July 23, 2021.
  2. CDC, Vaccine Administration: Needle Gauge and Length. August 4, 2020. https://www.cdc.gov/vaccines/hcp/admin/downloads/vaccine-administration-needle-length.pdf. Accessed July 23, 2021.
  3. Data on file, Becton, Dickinson and Company (BD); Portfolio Simplification MDS – CCMD Compendium.
  4. Park KW and Dickerson C. Can efficient supply management in the operating room save millions? Curr Opin Anaesthesiol. 2009;22(2):242-248.
  5. Ontario Hospital Association. Optimizing Your Perioperative Supply Chain: A Guide to Improvement Projects. Revised October 2011. https://www.yumpu.com/en/document/read/29915987/final-supply-chain-guidebookpdf-ontario-hospital-association. Accessed July 26, 2021.
  6. Mullins D, Persaud EJ, Ferko NC, Knight B, Tripodi D, Delatore P. SKU Optimization Initiatives Can Create Cost Savings in an Era of Value-Based Care. Healthcare Financial Management Association. Posted January 31, 2019. https://www.hfma.org/topics/hfm/2019/february/62987.html. Accessed July 26, 2021.
  7. Rosser M. Advancing health system integration through supply chain improvement. Healthc Q. 2006;9(1):62-66.
  8. Paavola A. 'Standardization isn't a side job': How health systems can prioritize SKU reduction with improved data practices. Becker's Hospital Review. May 5, 2020. https://www.beckershospitalreview.com/supply-chain/standardization-isn-t-a-side-job-how-health-systems-can-prioritize-sku-reduction-with-improved-data-practices.html. Accessed July 26, 2021.
  9. Achieving operating room efficiency through process integration. Healthc Financ Manage. 2003;57(3):suppl 1-7 following 112.
  10. Hull S. And the results of NMMC's wound care cost reductions were? (drum roll please...) Wound Source. July 6, 2012. https://www.woundsource.com/blog/and-results-nmmc-s-wound-care-cost-reductions-were-drum-roll-please. Accessed July 26, 2021.
  11. McKesson. 3 ways to improve supply chain performance in and out of the hospital. https://mms.mckesson.com/resources/managing-healthcare-supply-chain/improving-supply-chain-performance. Accessed July 26, 2021.
  12. Virginia Mason Institute. Case study: Surgical setup reduction improves patient outcomes. May 24, 2018. https://www.virginiamasoninstitute.org/resource/surgical-setup-reduction-improves-patient-outcomes/. Accessed July 27, 2021.
  13. New ATD Research: 2019 State of Healthcare Training Report. Association for Talent Development. https://www.td.org/press-release/new-atd-research-2019-state-of-healthcare-training-report. Accessed July 26, 2021.
  14. McKesson. Leveraging Product Standardization for Health System Efficiency. February 20, 2018. https://mms.mckesson.com/Blog/Leveraging-Product-Standardization-for-Health-System-Efficiency/. Accessed July 27, 2021.
  15. Harris J. Banner Health. https//scw-mag.com/profiles/1069-banner-health-2/ accessed July 27, 2021.
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