Medline announced the renewal of its exclusive distribution partnership with PrefConnect, for its preference card software solution. PrefConnect is a digital preference card review system with procedure case cost analytics, ensuring accurate and complete operating room supply pick lists.
“We are very happy to extend our relationship with PrefConnect so we can continue to help healthcare facilities better manage their operations,” said Brendan Dooley, vice president at Medline. “Only 61% of supplies on a typical preference card are actually used, leaving close to 40% of the supplies picked to be wasted. This is not only a financial loss but also a human capital loss in terms of time spent picking and returning supplies.”
PrefConnect is a cloud-based software solution that leverages a proprietary algorithm to continually track, update, and recommend changes for surgeon preference cards to help increase surgeon satisfaction, improve clinical documentation and optimize inventory levels. PrefConnect currently manages over 100,000 preference cards with a supply value of over two billion dollars and has reduced, on average, nine supplies per card with an average savings of $63 per card.
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“Traditional preference card management and maintenance tactics or lack thereof create many problems for healthcare facilities related to waste and inefficiency. Through our proprietary data-driven approach and close collaboration with Medline, we have helped many hospitals transform data into cost savings while reducing human error,” said Luis Romero, co-founder of PrefConnect. “Medline acts as a true partner with health systems, developing meaningful relationships that go beyond that of a traditional vendor. We look forward to continuing our partnership based on our shared focus of transforming health care delivery and improving operational efficiency in the perioperative environment.”