Omnicell Welcomes Lord Carter’s Report To Help Drive Efficiency And Cost Savings Across The Nhs

With the announcement of Lord Carter’s report findings on Friday 5th February, our client Omnicell, the world’s leading manufacturer of automates supplies and medicine management solutions, highlighted their support for the report to help drive efficiency and cost savings across the NHS
Paul O’Hanlon, Managing Director for Omnicell UK & Ireland comments;
“The interim report highlighted 2012/13 expenditure on hospital medicines was a staggering £6.5bn – an 11% increase over the previous year. Lord Carter believed there were greater savings to be had by managing the demand for products through better inventory management rather than price reductions and that a target of £500m – 1bn savings on the £9bn procurement spend was realistic.
Without doubt some of this fiscal increase can be attributed to an aging population and advances in treatments. However, cost savings and efficiencies as highlighted by this report need be made to ensure a real and sustainable future for our NHS. Hospitals hold many weeks or even months of supplies and medication stock and a lack of automated systems for managing the distribution of this throughout hospitals contributes to increased costs, inefficiencies, and risk to patients. In addition, outdated manual counting, reordering and searching for drug cupboard keys consume vast amounts of valuable clinicians’ time. Most importantly, the lack of control, accountability or traceability at the point-of-use puts patients’ lives at risk due to medication errors or availability of stock.
Our partnership with NHS Trusts across the country has enabled us to see first-hand the results medication and supplies management technology can bring. Omnicell has successfully automated many aspects of drug and supplies management in 100 UK hospitals with the installation of automated dispensing cabinets and robotic dispensing systems.
One example is our work with Guy’s and St Thomas’ in London – a hospital Lord Carter recently visited to see for himself how changes in supplies and medication management have benefited the Trust and its patients.
The Trust initially installed over 100 Omnicell automated dispensing cabinet system across wards, theatres and the A&E department. The Trust now has over 300 Omnicell systems across 3 hospitals, which is the largest implementation of its kind in Europe.
Through this installation they identified millions of pounds of excess stock, as well as over 10% reduction in spend. In addition, the average transaction time for accessing medications and supplies has been reduced and new automated processes have released thousands of hours of clinical time which can now be spent on patient care.
We recognize that there is a long-way to go but here at Omnicell we look forward to working with more Trusts to drive-up efficiency through innovative technological solutions. In a day and age where we use technology in nearly everything we do isn’t it time we started to embrace technology in the same way across the NHS?”