Customer Background:
The client is a world-renowned academic medical center specializing in musculoskeletal health. With a legacy dating back to the 1860s, it stands as one of the oldest and most esteemed orthopedic hospitals in the United States. Annually, the center conducts over 30,000+ surgical procedures, maintaining its status as the country’s leading hospital for hip surgeries and knee replacements.
Challenges:
The client, a leading academic medical center specializing in musculoskeletal health, faced substantial hurdles in managing the inventory required for over 30,000 surgeries annually. The primary challenge originated from the variability in implant sizes necessary for orthopedic procedures, leading to escalated inventory levels and increased costs. Additionally, the need to maintain surgical implants in sterile conditions until use added complexity and cost to inventory management. This, coupled with the necessity to stock multiple sizes, resulted in heightened wastage and dead stock, complicating the supply chain and hindering efficient inventory management practices.
Solution:
InOrg’s approach began with assembling a specialized team of AI experts and data scientists, meticulously testing multiple algorithms over 300 iterations to identify the optimal solution boasting a remarkable 96.51% accuracy rate. Seamless integration of the AI solution into the client’s existing infrastructure was achieved, enabling real-time data collection via NodeJS APIs and automated inventory replenishment through integration with the client’s inventory management system. InOrg’s dedicated team managed day-to-day operations, ensuring smooth functionality and enhanced efficiency, while comprehensive training sessions equipped the client’s personnel with the skills necessary for autonomous management.
Impact:
Following the AI solution’s training with data from approximately 20,000 patient surgeries, the predictive analysis platform demonstrated remarkable efficiency in determining implant size requirements. This led to optimized inventory management practices and a reduction in implant size requirements per surgery. Implementing the AI-driven platform resulted in tangible benefits, including significant reductions in inventory costs, enhanced operational efficiency, and improved surgical outcomes. The estimated annualized savings potential of up to $10 million underscored the financial impact of the partnership with InOrg.
Furthermore, the solution increased patient satisfaction and had a positive impact on sustainability. This successful engagement highlighted the transformative power of leveraging global talent and modern technologies to overcome complex IT challenges, demonstrating the importance of strategic partnerships in achieving business objectives and driving innovation in healthcare.
This successful partnership highlights how leveraging global talent and advanced technologies can solve complex IT issues. It also emphasizes the importance of strategic teamwork in reaching business goals and sparking innovation in healthcare.
This collaborative effort underscores the significance of strategic partnerships and emphasizes securing the right talent while leveraging advanced technologies. Such alliances will continue to be instrumental in shaping the future of patient care and operational excellence, ensuring sustained innovation and progress in the industry.