Medical Supply Management: Cost-Saving Strategies for Home Health & Hospice Agencies

Optimize your home health or hospice agency’s medical supply management with expert insights from industry leader Ted Stitzel in this episode of Home Health Revealed. Hosts Michael Greenlee and Hannah Vale dive deep into practical strategies for reducing costs, improving operational efficiency, and enhancing patient care through better supply utilization, trunk stock management, and supplier partnerships. What you’ll learn in this episode: How aligning supply practices with CMS DME guidelines can cut costs by up to 15% in home care and 10% in hospice without compromising care quality Common challenges in trunk stock management and actionable solutions to improve inventory visibility and reduce freight costs Effective change management strategies to streamline supply utilization, including reducing product options and implementing supervisory approvals Building long-term, data-driven partnerships with medical suppliers to ensure consistent quality and cost savings Why relying on platforms like Amazon for medical supplies can be risky for quality and compliance About our guest:Ted Stitzel is President of Reidy Medical Supply, Inc., a trusted provider of disposable medical supplies for home care and hospice since 1992. With over 50 years of combined experience alongside his wife Rita, Ted is committed to improving lives through exceptional customer service and operational excellence. He also serves as Vice President of Doyle Medical LLC, specializing in durable medical equipment and billing for Medicare, Medicaid, and private insurers. Tune in to gain actionable insights that can help your agency optimize supply management, reduce overhead, and ultimately deliver better patient outcomes.