Ep. 29: An Effective Healthcare System Approach to Drug Diversion Detection

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Ep. 29: An Effective Healthcare System Approach to Drug Diversion Detection

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What can data inform us about the inventory and theft within the healthcare industry? On this episode of Built On Strategy, we are joined by Tom Knight, founder and CEO of Invistics as well as the founder and chairman of HealthcareDiversion.org. We discuss how Tom created a system of inventory accountability in the healthcare industry and the resulting demand for a focus on stolen controlled substances from every facet of the supply chain. Cloud-based software makes it easy to track missing equipment and medications, helping healthcare systems to maintain inventory and analytics across complex infrastructures and global supply chains. A progressive approach to reprimanding staff is at the heart of Tom’s non-profit HealthCareDiversion.org, which seeks to provide a platform for individuals to report instances of drug diversion, eliminate the tendency for hospitals to quietly fire infringing personnel, and educate healthcare organizations and other stakeholders on best practices to prevent future diversion.

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