MRG News & Views – July, 2013 Newsletter

From ‘Cradle to Grave’ – Medical Equipment Lifecycle

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Since equipment is our business, we thought it would be interesting to take a closer look at the equipment life cycle continuum and how our services integrate into decisions and managing capital assets within the hospital. Knowing and understanding the complete ‘lifecycle’ of an asset can ensure getting the most value out of your equipment, and proactively managing capital equipment on a daily basis.

Above is a diagram outlining the medical equipment lifecycle and each stage from the date of purchase until the equipment leaves the facility. To ensure asset maximization, equipment must be managed every step of the cycle.

Over the next few months we will take a closer look at each phase within the lifecycle continuum to better understand how to proactively manage your capital equipment.

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MRG Associations:

AHRMM-2013 conference logo
We hope we’ll see you at the AHRMM conference & exhibition July 28 – 31 in San Diego. Stop by and see us at booth #622 for your chance to win a VISA Gift Card!  We look forward to seeing you!

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MRG Fun Facts:

It’s summertime, and who doesn’t enjoy a cool treat on a hot day?  The month of July is National Ice Cream Month, and when the most ice cream is consumed in the U.S. Most Americans eat on average 5.5 gallons of ice cream per year.

popscicles

Ice pops were invented by accident in 1905 by 11 year old Frank Epperson. He mixed water and soda and left it out overnight. The temperature was low and the liquid froze with the mixing stick still in it.  His idea was patented in 1924 and ice pops have been a summertime hit ever since.

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MRG Recent Projects:

  • I&A Orthopedic acquisition in MI
  • I&A of 2 Primary Care practices in MI
  • I&A Urgent Care acquisition in OH
  • I&A of 2 OBGYN offices in OH
  • Desktop Appraisals in KY and CA

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About MRG:

Manage Resource Group, Inc. is a privately owned healthcare equipment management company headquartered in Berea, Ohio. Our client focused services create strategies for each customer to increase profitability on capital equipment. We are industry experts offering the following service lines:

  • Inventory services
  • Appraisal services
  • Resale management

For more information, visit our website at www.manageresourcegroup.net

 

 

Is the stand-alone (independent) hospital a thing of the past?

Here in NE Ohio news has been hitting fast a furious with health systems signing letters of intent (LOI) with stand-alone hospitals to entertain merging together.  Or to put it simple acquire these stand-alone facilities.

In recent months the following mergers have come into focus for NE Ohio:

Parma’s CEO acknowledges:  Although he called Parma “fiercely independent,” Deis says it became time to acknowledge the realities that independent hospitals face in a consolidating market.

“We have a shrinking demographic in Northeast Ohio and the competition has stepped up. We just weren’t able to compete in that environment. In the last year especially it has been our feeling that it was really inevitable,” he explains.  https://www.healthleadersmedia.com/content/MAR-293914/Business-Roundup-Independent-Hospitals-Disappearing-in-OH

Whatever the reason behind these mergers NE Ohio has gone from three stand-alone facilities to none in a matter of months.  We are now a two health system market.

 

Visit MRG at the AHRMM Conference

Manage Resource Group, Inc. is looking forward to exhibiting at the upcoming AHRMM conference & exhibition July 28 – 31 in San Diego, California.

AHRMM-2013 conference logo

This event will feature the latest information and innovations for supply chain professionals. If you have any questions regarding equipment inventory, appraisal, or resale services, please call us and we can schedule a time to meet with you.

Stop by and see us at booth #622 for your chance to win a VISA Gift Card! We look forward to seeing you!

For more information on MRG’s services, contact us at (440) 289-6490 or visit our website: www.manageresourcegroup.net

Happy 4th!

Today we celebrate the Spirit of America.  Wishing you a Happy Fourth of July from Manage Resource Group, Inc.

4th of july