The Intel Advantage

Uncovering savings & optimization opportunities in surgical implant purchases

In just the past few years, HealthTrust’s Medical Device Management (MDM) has delivered over $60 million in savings to its members. Building on this achievement, the team recently introduced SurgIntel, a groundbreaking platform for medical device implant analytics.

SurgIntel leverages a proprietary database, advanced clinical categorization and innovative visualization techniques to deliver actionable insights that drive optimized sourcing strategies. These tools enable supply chain and service line leaders to collaborate effectively with physicians, facilitating the implementation of strategies for cost savings, cost avoidance and waste mitigation—ultimately advancing both financial performance and operational excellence.

“MDM’s launch of SurgIntel is designed to empower our customers to make informed decisions while driving meaningful clinical and financial improvements in their clinical service line operations and supply expense management,” says Chris J. Stewart, VP of Medical Device Management at HealthTrust.

Chris J. Stewart

The platform delivers actionable insights through innovative dashboard analytics that apply more than 3 million clinically mapped attributes to their data at the procedural level, giving users a comprehensive view of their data. SurgIntel provides custom contracting teams with strategic market intelligence to successfully negotiate and maintain competitive PPI contracts.

SurgIntel empowers users to act on savings opportunities and optimize their clinical service lines through:

Deep clinical categorization
Physician utilization and engagement
Procedural-level price benchmarking

Data with a purpose

In health systems, impact is achieved through the effective use of resources and data. SurgIntel extracts and analyzes data to:

Initiate waste mitigation strategies
Find cost savings and cost avoidance
Provide continuous monitoring of utilization and supply expense

And with MDM’s program, there are tangible, real-world results that demonstrate its usefulness.

Hospital Sisters Health System (HSHS), a healthcare provider with $2.9B in spend and a network of 13 acute care hospitals and numerous community-based healthcare centers, engaged the MDM team to gain insights into their hip and knee spend.

Utilizing SurgIntel’s Orthopedic Analytics Dashboard, the teams identified a reusable orthopedic reamer billed as a disposable, resulting in significant overcharges.

HSHS achieved remarkable results, realizing $119K in savings within just two weeks.

And with another client, the MDM team engaged their spine, ortho, cardiovascular, trauma and shoulder service lines. Using SurgIntel, they tracked waste mitigation, premium implant usage and osteobiologics overuse, as well as the implementation of new introduction of technology, all of which resulted in a decrease in cost per case.

The spine service line showed a 24% decrease in cost variation.

The future of SurgIntel

SurgIntel’s data-driven insights have already empowered providers with comprehensive visibility on procedure supply expense and device utilization, and the new SurgIntel Rebate Tracker will further enable members to gain control over both clinical and financial decisions.

“We’re excited to offer this new rebate tracker to members as it will help them take further control of their rebate compliance and allow them to monitor their savings in a timely manner,” said Stewart. “Accurately and effectively tracking rebate compliance empowers our members to optimize their financial returns and strengthen supply chain efficiency across key service lines.”

This custom-built tool is specific to certain medical device categories and helps health systems monitor rebate contract language to capture the maximum savings. Available exclusively to HealthTrust members, it’s tailored to each member’s specific contract terms and offers real-time updates across core verticals, including cardiovascular, spine and orthopedics.

Ready to gain better insight into your data?

With the power of predictive analytics and comprehensive dashboards, SurgIntel enables HealthTrust members to make data-driven decisions that drive measurable savings and cost efficiencies.

And it’s already making the news. SurgIntel was recently awarded Modern Healthcare’s 2024 Best in Business Award for the Data Analytics category.

Twelve member IDNs have already joined SurgIntel. Will you be next? Email corp.medicaldevicemgmt@healthtrustpg.com to schedule a personalized demo with the MDM team today.