Optimising and Reducing Duplications in Capital Resources in GME
Care Process & Redesign
Singapore Healthcare Management Congress
SingHealth
31 December 2018
Optimize training resources and reduce duplicate equipment purchases within SingHealth Residency programs. The enhanced workflow ensured optimal resource utilization, achieving significant cost savings for residency training programs.
Year Submitted: 2018
Published Date: 31 December 2018
Tags: Care Process ＆ Redesign, Quality Improvement, Workflow Redesign, Operational Management, Procurement, Financial Management, Productivity, Cost Saving, Inventory Management, Resource Allocation
About this Content
Aims
Optimize training resources and reduce duplicate equipment purchases within SingHealth Residency programs.
Background
Duplication of training equipment purchases among residency programs led to inefficient budget utilization.
Methods
Introduced a cross-checking workflow against shared equipment inventory (SIMS) and historical budget data to identify redundancies.
Results
Streamlined CAPEX budgeting process; improved equipment utilization; reduced duplicate purchases, leading to cost savings.
Conclusion
The enhanced workflow ensured optimal resource utilization, achieving significant cost savings for residency training programs.
Lessons Learnt
Centralized and updated equipment inventory lists reduce redundancies and support efficient budget planning.
Additional Information
Singapore Healthcare Management 2018 – Highlighted Initiative for Resource Optimization.
Keywords
Equipment Management, Cost Savings, Budget Planning, Residency Training, Resource Sharing.
Innovators' Details
Innovators' Details
Healthcare Cluster(s) | SingHealth |
Organization(s) Involved | SingHealth Academy |
Platform(s) | Singapore Healthcare Management Congress |
Healthcare Professional Group(s) | Healthcare Administration |
Applicable Specialty or Discipline | Healthcare Administrators |
Project Lead(s) | Tan Yan Jiao Kassie |
Project Member(s) | Alice Tan Li See |
Connect with this contributor!
Tan Yan Jiao Kassie - kassie.tan.y.j@singhealth.com.sg
Project Attachment
SHM_FN002_SingHealth_Optimizing_and_Reducing_Duplications_in_Capital_Resources_in_GME_combine.pdf