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June 03, 2015 12:13 AM ET

Health Care Technology

Company Overview of Management Health Solutions, Inc.

Company Overview

Management Health Solutions, Inc. provides supply chain solutions to hospitals in the United States. It specializes in providing physical inventory count procedures, as well as inventory consulting for the healthcare industry. The company offers OptIC Item Master, a platform that maintains profile of supply items, supply purchases, and vendor contract terms; OptIC @ Par, an on-site inventory control platform that keeps track of the amount, location, and usage of various supplies from the loading dock to the point-of-use; and OptIC Analytics, an analytics engine that mines the data provided by OptIC Item Master and OptIC @ Par. It also provides medical/surgical, capital asset, and pharmacy va...

501 Kings Highway East

Suite 108

Fairfield, CT 06825-0548

United States

Founded in 1999

Phone:

203-610-8224

Fax:

203-583 4131

Key Executives for Management Health Solutions, Inc.

Chairman and Chief Executive Officer
Age: 58
Co-Founder, Executive Vice-President of Corporate Development and Director
Co-Founder, Executive Vice President of Marketing & Business Development and Director
Chief Financial Officer
Age: 56
Chief Operating Officer
Compensation as of Fiscal Year 2014.

Management Health Solutions, Inc. Key Developments

Management Health Solutions Partners with MedStar Georgetown University Hospital to Utilize its Optic Inventory Service

Management Health Solutions has partnered with MedStar Georgetown University Hospital to utilize its OptIC Inventory Service. The implementation of the OptIC Inventory Service will enhance visibility and accountability in the hospital's supply chain. The company's comprehensive technology and specialty services platform will help MedStar Georgetown realize significant, recurring, hard-dollar, P&L savings on their supply spend. With OptIC(TM) enhancing the effectiveness of supply chain staff, MedStar Georgetown will benefit in several areas including reducing expired inventory and expedited freight costs as well as optimizing the supply chain and case carts. Early results have shown that OptIC(TM) will help MedStar Georgetown save 2-5% of their applicable supply spend, a significant and tangible benefit.

Hackensack University Medical Center Selects Management Health Solutions OptIC Program to Provide Visibility and Accountability for Supplies in Clinical and Surgical Services

Management Health Solutions, Inc. unique technology and ongoing specialty support services, collectively called OptIC, helps Hackensack University Medical Center clients realize significant, recurring, hard-dollar, P&L savings on their supply spend. Through its OptIC solution, MHS has been able to successfully drive significant improvements for its clients including: Decreasing Off-Contract Purchasing, Contract Tier Pricing Optimization, Rebate Tracking, Reduction of Expired Inventory, Reduction in Expedited Freight Costs, Case Cart Optimization.

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