Equipment Lifecycles – Part II – Technology & Planning
In last month’s issue of the newsletter we introduced the different phases of Medical Equipment Lifecycle. In this issue we will take a closer look at the very beginning stage of the cycle – Technology & Planning.
In the Technology & Planning stage, the facility is identifying needs associated with equipment replacement. There are many reasons why a hospital will replace their equipment:
- Clinical department determines that technology needs updated.
- The facility is looking to standardize equipment across their system
- The OEM no longer supports the asset currently in use and parts are difficult to locate
- Asset has served its useful life and needs to be retired
- Financial factors associated with the asset determine that replacement is cost effective for the facility
As the facility begins planning for the replacement, multiple departments will be involved with the selection process for the new asset.
- The department where the equipment will be located and used for clinical purposes
- Clinical engineering who will provide input on available technology and future preventative maintenance
- Purchasing who will be involved with new equipment negotiations and pricing
- Finance who will outline budgets and available capital for the replacement project
It is important for the facility to determine the best course of direction for the old assets as the budgeting process begins. Hospitals must take a proactive approach and work with a company who can provide valuations for the replaced equipment. This data will provide valuable information to determine the best method for post clinical use. Hospitals will use the figures to decide if the equipment should be traded-in, resold, donated, or scrapped.
We enjoyed catching up with all of you at the AHRMM conference & exhibition in sunny San Diego last month! Thanks to all that stopped by our booth. We would like to congratulate our two lucky raffle winners of the VISA Gift Cards:
Joseph Loya, St. Joseph’s Candler in Savannah, Georgia
Richard Wisnoski, Catholic Health East in Newtown Square, Pennsylvania
MRG Fun Facts
Enjoying the last of the warm summer days? Did you know that the “dog days” of summer were named from the Dog Star, ‘Sirius,’ which is the brightest star in the Canis Major constellation. The ancient Romans blamed Sirius for the heat, drought, and discomfort that came along with the extreme summer temperatures.
Frisbee has been a popular summer sport for as long as we can remember. We can thank Yale University students for this invention. Legend has it they invented the game when tossing pie tins from the Frisbie Pie Company on the campus lawn in the 1940s.
MRG Recent Projects
- MRI sale and removal
- I&A of cardiology practice in OH with multiple locations
- I&A general medicine practice in OH
- Reconciliation and audit of physician practice in MI
- Desktop appraisal family practice in MI
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