Medical Device Reprocessing Has $2B National Savings Opportunity

At the 11th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference June 13, Timothy Merchant, vice president of sales for MEDISISS at Medline Industries, explained the savings possible from medical device reprocessing.

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“There is probably not a single biggest thing you could do to save money than start a reprocessing program,” Mr. Merchant said. Here are some statistics Mr. Merchant presented about financial and environmental benefits of reprocessing:

•    The annual savings opportunity nationally for reprocessing is $2 billion.
•    Nationally, reprocessing can general $400 million in annual revenue.
•    Reprocessing reduces waste by a total of 10 million pounds nationally.
•    Each operating room in a surgery center and surgical hospital can save up to $20,000 per year by reprocessing medical devices.

More Articles on Reprocessing:

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6 Effective Steps to Lower ASC Materials Costs

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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