Good fiscal management includes having an accurate value of all on-hand inventory. Not having an accurate picture can lead to tax and/or financial implications, misallocation of inventory, and inconsistent or incorrect unit of measures.

Hospitals are required to complete periodic audits of their inventory. It’s good financial practice. However, performing an inventory valuation can be costly, time-consuming, and labor-intensive.

QSIGHTSM VALUATION SERVICES,A PART OF OWENS & MINOR’S INVENTORY SOLUTIONSOwens & Minor’s QSIGHTSM Valuation Services can make your headache go away by providing accurate, cost-effective alternatives to your fiscal-year end requirements.

Owens & Minor has chosen to partner with industry-leading companies to provide two alternatives for managing year-end audits: iPad® technology powered by Z5 Health and outsourced resources and analytical tools by Data Solutions Corporation.

Connecting the world of medical products to the point of care.SM

Z5 is a different kind of company which strives to create

software solutions that deliver tremendous value while making it

extraordinarily easy to use. The rest of the world has figured out

how to do amazing things with friendly, focused apps.

Z5 thinks the same thing should exist in healthcare, improving

patient care, reducing costs and making customers smile.

Data Solutions Corporation’s focus is clinical inventory

management. Specializing in ORs, Cath Labs, PACU, ASU,

Anesthesia, IR Labs, Labor & Delivery, SPD, Pharmacies, their

accuracy is imperative to a hospital’s continued success. Data

Solutions Corporation makes the elusive tangible.

ABOUT OUR TRUSTED, PROVEN PARTNERS:

INVENTORY SOLUTIONSSM

O W E N S & M I N O R®

QSIGHTSM VALUATION SERVICESPHYSICAL INVENTORYSIMPLIFIED

IS_PHYS-VAL_07152016-FINAL.indd 1 7/15/2016 5:56:10 PM

IS -QST-PHYVAL-07/2016

PUT QSIGHTSM VALUATION SERVICES TO WORK FOR YOU.

Call 877-QSIGHT8 (877-774-4488)www.QSight.Net

Connecting the world of medical products to the point of care.SM

“MY HOSPITAL SYSTEM VIEWS DATA SOLUTIONS CORPORATION AS A TRUE PARTNER. THE ENTIRE DSC TEAM HAS COME THROUGH EVERY TIME. I APPRECIATE THEIR EXPERTISE, ATTENTION TO DETAIL AND CUSTOMER-CENTRIC APPROACH”. –Owens & Minor Customer

TECHNOLOGY POWERED BY Z5 HEALTHImagine a resource-lite, inventory count application that feeds data into a cloud-based portal. The results are synched to the hospital’s finance department. Used by leading hospital and networks, Z5 Health is a proven technology solution.

Inventory Valuations Services: Technology powered by Z5 Health utilizes cutting-edge iPad technology to allow hospitals to easily and accurately conduct their own physical inventory count. The technology provides:

• Perpetual and periodic counts

• Product look up fields

• Matched/unmatched product information

• Real-time integration into your hospital’s finance department

OUTSOURCED POWERED BY DATA SOLUTIONS CORPORATIONNot all hospitals want to conduct their own inventory count. They want to rely upon experienced professionals who know what they are doing—and get it right. The first time.

Inventory Valuation Services: Outsourced powered by Data Solutions Corporations provides experts to quickly, and efficiently conduct periodic counts:

• Baseline inventory

• Counts all medical/surgical, pharmaceuticals, lab products

• Isolates expired products

• Utilizes an advanced QA and technology process

• Provides reports within an average 72 hour turnaround

Physical Inventory Summary - Sample 2016 2015 2014

Inventory Completion Date 7/9/2016

2016 Actual Inventory Value 1,745,911$

Unique Items in Item Master 21,687Unique Items Counted 4,333Unpriced Items1 0Items Not on File2 5OMS-Priced Items 997

Notes: 1. Items in hospital Item Master or OMS database with $0 price.

2. Items not found in either hospital Item Master or OMS database.

SUBJECTIVE EVALUATION SCALE Excellent Good Fair PoorUnpriced Items 2.0% 3.5% 5.0% 6.5%NOF Items 2.0% 3.5% 5.0% 6.5%OMS-Priced Items 15.0% 30.0% 45.0% 60.0%

Sum

mar

yDa

ta In

tegr

ity

0.0% 0.1%

23.0%

76.9%

Unpriced Items

Items Not on File

OMS-PricedItems

Hospital-PricedItems

2%

10% 2%

13%

8%

3%

57%

5%Anesthesiology Total

Central Supply Total

Labor/Delivery Total

Laboratory Total

Radiology Total

Storeroom Dist Total

Surgical Total

All Others

2%

10% 2%

12%

9%

3%

57%

5%Anesthesiology Total

Central Supply Total

Labor/Delivery Total

Laboratory Total

Radiology Total

Storeroom Dist Total

Surgical Total

All Others

2%

10% 2%

12%

9%

2%

58%

5%Anesthesiology Total

Central Supply Total

Labor/Delivery Total

Laboratory Total

Radiology Total

Storeroom Dist Total

Surgical Total

All Others

0.0% 0.1% 24.1%

75.7%

Unpriced Items

Items Not on File

OMS-PricedItems

Hospital-PricedItems

0.5% 1.1%

24.0%

74.4%

Unpriced Items

Items Not on File

OMS-PricedItems

Hospital-PricedItems

“I USED Z5 TECHNOLOGY AND METHOD QUITE SUCCESSFULLY AT MY PREVIOUS HOSPITAL. MY STAFF WAS BLOWN AWAY BY THE EASE AND DETAIL OF THIS TECHNOLOGY.” –Owens & Minor Customer

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