Z5 Inventory Challenges Hospital Customers To Save $50 Million
Health care supply chain startup Z5 Inventory pledges to donate $5000 for every $5 Million its partner hospitals save in 2020.
By: Z5 Inventory
Hospitals in the United States throw away at least $5 Billion worth of medical product annually, according to data accumulated from hundreds of inventory valuations Z5 Inventory has performed over the last five years. This cost can be prevented by using Z5's predictive analytics to identify and reallocate excess before expiration.
"These donations exist purely to celebrate our customers' success in better serving their communities,"
Z5 Inventory has previously partnered with international aid organizations such as Cherish Uganda and Project C.U.R.E. to deliver medical supplies to communities that would not have otherwise had access to it.
Beneficiaries of the 50 For 50 program will be chosen from charities nominated online. Health care workers and nonprofits themselves are encouraged to submit their favorite 501(c)(3) via Z5Inventory.com/
"This is not just about supporting the positive changes these charities are working so hard for. When hospitals prevent products from expiring, they're able to reduce the amount of waste in landfills and lower their cost of care," Mr. Natenstedt pointed out. "The more hospitals participate in 50 For 50, the more good they can do for their patients and the world."
More information can be found at Z5Inventory.com/
Z5 Inventory was founded with the purpose of saving health care providers nationwide from expiring product, empowering them to Count the product on-hand, Reallocate slow-moving and excess product, and Buy the product they actually need at reduced prices. Anyone interested in a preview or trial of digital supply chain management using the Z5 Inventory Platform should visit Z5Inventory.com/