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Site Performance Summary:
Overall supplies are under budget by $882,368. Total periodic inventory
adjustments accounted for $807,033 of the variance. Favorable variances
in the implant categories attributed to lower CRM and TJR volumes and the
new orthopedic joint contracts.
Key Challenges: 2-3 key contributors for each expense subaccount
Although overall inventory variance was favorable, we did have a negative
inventory adjustment in Cardiac Cath Lab for medical surgical supplies
totaling $115K
Med/Surg
Mercy West Leader's Summary
Increase in 14 CSI Diamondback devices over prior year adding $49K in
($128K)
costs to Cath Lab
Increase in 25 Bard drug coated baloons over prior year adding $38K in
expenses to Cath Lab
Favorable periodic inventory adjustment totaled $443K
Rx
$468K
CRM Implants under budget by $55K due to only performing 4 ICD and 8
pacemaker procedures
Orthopedic Implants under budget by $67K. Saving over prior year for knee
Implants procedures ($360 per case) and hip procedures ($311 per case) realized due
$110K to the new contracts.
Other implants over budget by $57K due to one Impella catheter ($20K),
increase in wound care grafts ($14K), and a complex CVOR case needing
multiple plates and screws ($12K)
Favorable periodic inventory adjustment totaled $469K for surgical trays
Other Expenses
$433K
Actions Taken/Planned:
