MHS
June 29, 2011 Contact:
Katie O'Connell
MHS Media Relations
koconnell@mhsinc.com
888-647-4621 x755

Management Health Solutions, Inc. (MHS) Releases New Whitepaper!

((Fairfield, CT) Management Health Solutions, Inc. (MHS), a leading, independent provider of inventory optimization solutions for hospitals and healthcare systems nationwide, would like to announce its release of a new whitepaper: "Physical Inventories & Clinical Areas: Why Accuracy is Critically Import."

We hope you enjoy this whitepaper and find it beneficial.

Sneak peak:

Hospital finance departments have always depended upon inventory counts to update their balance sheets, but more focus than ever was placed on the process after the Sarbanes-Oxley Act of 2002 was passed. There isn't an organization in the nation immune from the requirements of internal and/or external auditors demanding the numbers needed to prove each hospital is running by the Act''s accountability standards. Additionally, due to health care reform, executives are placing even more pressure on the overall supply chain to better manage processes, including inventory and PAR levels on nursing floors.

Because accurate inventory is the basis upon which a successful supply chain operates industry expects recommend that, at a minimum, hospitals should perform inventory counts on an annual basis. However, most recommend that overall counts be performed twice a year in addition to cycle counts on a monthly or even weekly basis. This method ensues much more awareness and visibility among those working in the supply chain and ensures problems are made known before they can escalate, potentially costing an organization tens of thousands of dollars over and extended period...to read more please visit our resource center at www.mhsinc.com.

About Management Health Solutions

Reduce Cost and Improve Patient Care through customized solutions designed to Optimize the Supply Chain within Hospitals and Health Systems.

Management Health Solutions, Inc. is the premier healthcare information technology organization that provides integrated mobile supply chain software applications, content services, inventory management and professional services to hospitals and healthcare systems nationwide. The company provides hospitals with software that manages the flow of supplies from the loading dock to the point-of-use, automating reorder, PAR management, replenishment, charge capture and hundreds of other processes. Combined with our services, analytics and optimization solutions, clients gain better visibility & control of their supply chain operations. MHS's software products and services, which are package into customized solutions, are designed to optimize the supply chain resulting in increased visibility, greater control, lower cost and improved patient care.
For more information, visit www.mhsinc.com