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When a Medical Device Is a Terrible Thing to Waste
Makers of orthopedic
products don't always have it easy. Even though hospitals pay only
for the implants they use, OEMs are still required to provide the
necessary surgical instruments. As a result, thousands of instrument
kits distributed nationwide for multiple product lines must be
managed. Then, as new items enter the market, instruments are often
lost or thrown out, leaving millions of dollars of unused inventory
scattered across the country. What's an OEM to do?
One solution to the problem has been recycling. Recycling lets
OEMs get already-manufactured instruments back on the market much
more effectively. Furthermore, the money saved by recycling allows
OEMs to pass on the savings to their customers.
Several companies are in the business of recycling and
redistributing medical devices for OEMs. One company, Millstone
Medical Outsourcing, has developed a recycling program for
orthopedic products that has saved more than $3 billion for one of
its customers. Intrigued? You can read more about the benefits of
instrument recycling in MPMN's September issue.
This month's e-newsletter includes links to company information
for several of our advertisers. It's our way of saying thank you to
them for supporting our efforts to keep our readers informed of the
latest sourcing news.
Corinne Litchfield Associate Editor,
MPMN
Company Descriptions
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