This paper specifically addresses how hospitals can address the short-comings of bill-only processes regarding surgical instruments and the resulting revenue losses. It demonstrates how hospitals can reduce surgical device costs up to 12%, process bill-only charge sheets in 24 hours or less and eliminate off-contract surgical instrument requests. Via the application of workflow automation, loaner tray management, billing reconciliation and charge capture optimization, it shows how hospitals are capturing tens-of-thousands of dollars a month in lost revenue.
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