Online tool let you ID reprocessing cost savings
A new tool that calculates the financial and environmental impact of reprocessing is available from Phoenix, AZ-based Ascent, a division of Stryker Corp.
The first-of-its-kind calculator, available on the Ascent website, estimates the cost savings and waste reduction potential for a facility if it focuses on reprocessing as a best practice. The tool is designed to help healthcare facilities understand the potential results reprocessing can deliver based on their size and program utilization. (To access the tool, go to http://sustainability.stryker.com and on the left side of the page, select "Calculate Your Savings.")
With a reprocessed device costing about half that of its equivalent single-use original equipment manufacturer (OEM) device, reprocessing offers significant cost savings, Ascent says. The calculator illustrates that a hospital with 250 staffed beds that implements a reprocessing program in the operating room (OR) and electro-physiology (EP) lab could save as much as $1 million and divert roughly 8,000 pounds of waste from landfills each year with a strategic and organizational commitment to reprocessing.
Reprocessing programs are employed by more than half of the U.S. News & World Report "Honor Roll" hospitals. Hospitals that already are implementing reprocessing programs can use the calculator to understand the potential for additional savings. For a hospital that is only reprocessing in the OR, for example, the calculator can estimate how much more could be saved if the program were expanded to include the EP lab, non-invasive devices, or open/unused or expired devices.
Savings and waste estimates are based on averages achieved by actual Ascent reprocessing customers who have identified reprocessing as a targeted program and achieve the highest savings among hospitals that reprocess.