Health care has become one of India's fastest growing sectors in the past decade. A multitude of private players have entered this market, combining to offer high-quality health care and service in world-class hospitals and nursing homes all over India. It has been recognised that a professional approach to hospital administration and better resource allocation will go a long way to ensure both quality and cost-effectiveness in health care in India. The second edition of this successful book contains a well-planned collection of writings on modern hospital management. Revised and updated, it also contains two new chapters that discuss and highlight new developments in this field. The book spans a wide range of issues in modern hospital management, and provides all the necessary knowledge required to set up and run a modern-day hospital efficiently and as an economically viable business. The book also looks at " Customer experience management " Computer-aided diagnosis " Waste management " Financial management " Maintaining medical records " Medical audits " Managing human resources
Chapter 6: Hospital Materials Management
Hospital Materials Management
Part 1: Materials Management
Controls in materials management can be a twin-edged sword. Intense control of inventory can be just as undesirable and costly as not keeping it under control. A desultory attitude towards new or sophisticated control systems can be very costly for the organisation. A system that saves hundreds of rupees, but costs thousands to install and operate is obviously not desirable either. A control system for materials management should be installed after a careful analysis of its costs and benefits, considering both tangible and intangible costs, complexity of implementation, limitations in operation, and benefits for the organisation. Control as an end in itself is never a healthy practice of management and this is very true in the ...