At the 11th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference June 13, Timothy Merchant, vice president of sales for MEDISISS at Medline Industries, explained the savings possible from medical device reprocessing. "There is probably not a single biggest thing you could do to save money than start a reprocessing program," Mr. Merchant said. Here are some statistics Mr. Merchant presented about financial and environmental benefits of reprocessing:
• The annual savings opportunity nationally for reprocessing is $2 billion.
• Nationally, reprocessing can general $400 million in annual revenue.
• Reprocessing reduces waste by a total of 10 million pounds nationally.
• Each operating room in a surgery center and surgical hospital can save up to $20,000 per year by reprocessing medical devices.
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• The annual savings opportunity nationally for reprocessing is $2 billion.
• Nationally, reprocessing can general $400 million in annual revenue.
• Reprocessing reduces waste by a total of 10 million pounds nationally.
• Each operating room in a surgery center and surgical hospital can save up to $20,000 per year by reprocessing medical devices.
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