Owens & Minor Announces New Partnership with Google Cloud
Owens & Minor (OMI) has announced a new partnership with Google Cloud to enhance its QSight® clinical inventory management system. This collaboration aims to optimize complex inventory management for hospitals and health systems by leveraging Google Cloud's Vertex AI platform. The partnership will focus on improving QSight's ability to manage medical supplies, surgical implants, and human tissue products more efficiently.
Key benefits include:
- Enhanced real-time visibility and predictive capabilities
- Improved cost management and efficiency
- Reduced risk of expired product usage
- Decreased inventory loss
Owens & Minor (OMI) ha annunciato una nuova partnership con Google Cloud per potenziare il suo sistema di gestione dell'inventario clinico QSight®. Questa collaborazione mira a ottimizzare la gestione complessa dell'inventario per ospedali e sistemi sanitari sfruttando la piattaforma Vertex AI di Google Cloud. La partnership si concentrerà sul miglioramento della capacità di QSight di gestire forniture mediche, impianti chirurgici e prodotti di tessuto umano in modo più efficiente.
I principali vantaggi includono:
- Maggiore visibilità in tempo reale e capacità predittive
- Miglior gestione dei costi e dell'efficienza
- Ridotto rischio di utilizzo di prodotti scaduti
- Minore perdita di inventario
Owens & Minor (OMI) ha anunciado una nueva asociación con Google Cloud para mejorar su sistema de gestión de inventarios clínicos QSight®. Esta colaboración tiene como objetivo optimizar la gestión compleja de inventarios para hospitales y sistemas de salud aprovechando la plataforma Vertex AI de Google Cloud. La asociación se centrará en mejorar la capacidad de QSight para gestionar suministros médicos, implantes quirúrgicos y productos de tejidos humanos de manera más eficiente.
Los principales beneficios incluyen:
- Mayor visibilidad en tiempo real y capacidades predictivas
- Mejor gestión de costos y eficiencia
- Reducción del riesgo de uso de productos caducados
- Disminución de la pérdida de inventario
오웬스 앤 마이너(OMI)는 QSight® 임상 재고 관리 시스템을 개선하기 위해 Google Cloud와 새로운 파트너십을 발표했습니다. 이 협력의 목표는 병원 및 의료 시스템을 위한 복잡한 재고 관리를 최적화하는 것이며, Google Cloud의 Vertex AI 플랫폼을 활용할 것입니다. 이 파트너십은 QSight가 의료 용품, 외과 이식물 및 인체 조직 제품을 더욱 효율적으로 관리하는 능력을 향상시키는 데 중점을 둘 것입니다.
주요 이점은 다음과 같습니다:
- 실시간 가시성 및 예측 능력 향상
- 비용 관리 및 효율성 개선
- 유통기한이 지난 제품 사용의 위험 감소
- 재고 손실 감소
Owens & Minor (OMI) a annoncé un nouveau partenariat avec Google Cloud pour améliorer son système de gestion d'inventaire clinique QSight®. Cette collaboration vise à optimiser la gestion complexe des stocks pour les hôpitaux et les systèmes de santé en tirant parti de la plateforme Vertex AI de Google Cloud. Le partenariat se concentrera sur l'amélioration de la capacité de QSight à gérer les fournitures médicales, les implants chirurgicaux et les produits de tissus humains de manière plus efficace.
Les principaux avantages incluent:
- Visibilité en temps réel et capacités prédictives améliorées
- Meilleure gestion des coûts et efficacité
- Réduction du risque d'utilisation de produits périmés
- Réduction des pertes d'inventaire
Owens & Minor (OMI) hat eine neue Partnerschaft mit Google Cloud angekündigt, um sein QSight® klinisches Inventarverwaltungssystem zu verbessern. Diese Zusammenarbeit zielt darauf ab, die komplexe Inventarverwaltung für Krankenhäuser und Gesundheitssysteme zu optimieren, indem die Vertex AI-Plattform von Google Cloud genutzt wird. Die Partnerschaft wird sich auf die Verbesserung der Fähigkeit von QSight konzentrieren, medizinische Vorräte, chirurgische Implantate und menschliche Gewebeprodukte effizienter zu verwalten.
Die wichtigsten Vorteile sind:
- Verbesserte Echtzeit-Transparenz und prädiktive Fähigkeiten
- Verbesserte Kostenverwaltung und Effizienz
- Verringerung des Risikos abgelaufener Produkte
- Verminderung von Inventarverlust
- Partnership with Google Cloud to enhance QSight inventory management system
- Potential for improved efficiency and cost management in healthcare supply chains
- Alignment with strategic goals for Products & Healthcare Services segment
- Positioning as a leader in healthcare technology innovation
- None.
Insights
This partnership between Owens & Minor and Google Cloud marks a significant step in healthcare supply chain optimization. By leveraging Google Cloud's Vertex AI platform, QSight's capabilities will be substantially enhanced, potentially revolutionizing inventory management for hospitals. The collaboration addresses critical issues like expired product usage and inventory loss, which directly impact patient care quality and operational costs.
The integration of advanced AI could lead to predictive analytics and real-time visibility, allowing healthcare providers to make data-driven decisions and optimize their supply chains more effectively. This tech-driven approach could significantly reduce the workload on clinical staff, allowing them to focus more on patient care. The partnership also positions Owens & Minor at the forefront of healthcare technology innovation, potentially giving them a competitive edge in the market.
This collaboration addresses a critical pain point in healthcare operations: efficient inventory management. With thousands of medical supplies to track, hospitals often struggle with stockouts, overstocking and expired products. QSight's enhancement through Google Cloud's AI capabilities could lead to substantial cost savings and improved operational efficiency for healthcare providers.
The potential for real-time visibility and predictive capabilities could transform how hospitals manage their supply chains, reducing waste and ensuring critical supplies are always available. This could have a ripple effect, improving patient care outcomes and staff satisfaction. However, the success of this initiative will depend on effective implementation and user adoption, which can be challenging in the often change-resistant healthcare environment.
This strategic partnership could significantly boost Owens & Minor's market position in the healthcare services sector. By enhancing QSight with Google Cloud's AI capabilities, the company is positioning itself as a tech-forward solution provider in the healthcare supply chain space. This move aligns with their stated strategic goals for the Products & Healthcare Services segment and could lead to increased market share and revenue growth.
Financially, while initial investment may be substantial, the long-term benefits could be significant. Improved product offerings could lead to higher customer retention, new client acquisition and potentially higher profit margins. However, investors should monitor the implementation costs and adoption rates among healthcare providers to gauge the partnership's success and its impact on Owens & Minor's financial performance.
Collaboration will enhance existing QSight capabilities and enable future platform and service innovations to help optimize complex inventory management for hospitals and health systems
The partnership between Owens & Minor and Google Cloud will focus on enhancing QSight’s ability to help hospitals and health systems optimize how they manage the thousands of medical-grade supplies, high-value surgical implants and human tissue products required for patient care. For providers, the implications of inefficient inventory management can reach beyond the stockroom and into the operating room, including a risk that expired products are used in patient care and inventory loss if products expire before they can be used. Enterprise healthcare providers also face increasing pressure to deliver high-quality care while managing costs and optimizing efficiency — with less support from clinical staff. However, traditional clinical inventory management systems may lack the real-time visibility and predictive capabilities needed to effectively oversee complex healthcare supply chains, which can increase costs and lead to higher workloads for clinical staff.
“We provide ongoing value to our customers and help drive clinician efficiency in part by staying at the forefront of technology, including via smart investments with one of the most renowned innovators in the marketplace,” said Andy Long, EVP and CEO, Products & Healthcare Services, Owens & Minor. “Our partnership with Google Cloud to enhance QSight is just one example of how Owens & Minor is making concrete progress towards the strategic goals we’ve established for the Products & Healthcare Services segment.”
“Owens & Minor is playing an important role in the transformation of healthcare,” said Michael Clark, President,
To learn more about QSight, visit owens-minor.com/services/qsight/. To learn more about Owens & Minor’s vital role in healthcare, visit www.owens-minor.com/about.
About Owens & Minor
Owens & Minor, Inc. is a Fortune 500 global healthcare solutions company providing essential products and services that support care from the hospital to the home.
For over 100 years, Owens & Minor and its affiliated brands, Apria®, Byram® and HALYARD*, have helped to make each day better for the patients, providers, and communities we serve.
Powered by more than 20,000 teammates worldwide, Owens & Minor delivers comfort and confidence behind the scenes so healthcare stays at the forefront. Owens & Minor exists because every day, everywhere, Life Takes Care™.
For more information about Owens & Minor and our affiliated brands, visit owens-minor.com or follow us on LinkedIn and Instagram.
*Registered Trademark or Trademark of O&M Halyard or its affiliates.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240910704093/en/
Stacy Law, Owens & Minor
media@owens-minor.com
Source: Owens & Minor, Inc.
FAQ
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