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October 09, 2015 1:58 PM 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. It offers @Par Handheld Barcode Technology that provides hospital materials management services; @Par Warehouse, a solution that automates the management of perpetual inventory in the warehouse, replacing with barcode scanning; Par Distribution Package that enables closed-looped accounting of the inventory replenishment process for stock and non-stop supplies with support for multiple replenishment methodologies; and @Par clinical, a solution that helps to automate the...

99 Hawley Lane

Suite 1201

Stratford, CT 06614

United States

Founded in 1999





Key Executives for Management Health Solutions, Inc.

Chairman and Chief Executive Officer
Age: 59
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: 58
Chief Operating Officer
Compensation as of Fiscal Year 2015.

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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