MRG News and Views – Importance of demographics captured during inventory audits PART II – September 2014 Newsletter

 

Importance of demographics captured during inventory audits PART II

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Healthcare acquisitions are still in full swing and MRG thought it would be beneficial to take a closer look at demographics that are typically associated with inventory audits.

Tangible assets will typically include medical equipment, IT, business equipment, furniture, security systems etc. Capturing demographics and appraising each asset provides a detailed view for both the buyer and seller. Part II of our newsletter will focus on the location of an asset and demographics associated to the asset itself.

  • Name of the practice
  • Facility location
  • Physical location of asset on property
  • Manufacturer of the asset
  • Model of the asset
  • Asset description
  • Asset serial number
  • Condition assessment
  • Notes about the asset

Physical location of asset on property: Noting the physical location of assets during the inventory phase of a project allows both the seller and buyer to verify the asset is in fact located within the facility. Typically most rooms will be identifiable with a room number or what type of room it is i.e. exam 1, imaging, lab etc. If no room number exists it will be important to identify a unique asset within the room that may be easily located for reference. For example a room with an autoclave might be called the autoclave room, record room is where patient files are being housed etc.

Demographics associated with each asset:

  • Manufacture
  • Model
  • Description
  • Serial Number

When auditing a property it’s very important to capture as many identifiers as possible for each asset. These identifiers will assist with appraising the asset. Most medical equipment will have the above information but this may not be the case with furniture. The bulk of the value will be found in the medical assets. The manufacture will identify who makes the asset or the distributor of the asset. The model number shows vintage and helps establish age of the asset. General description will highlight what the piece is and the serial number provides the best unique identifier for the asset when reconciled.

In the next newsletter we will focus on condition assessment and notes about the asset.

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MRG projects:

MRG recently completed an inventory project for a medical group in New York that included six locations and 10,000+ assets.

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MRG’s Appraisal of the Month:

Beckman Coulter AU 680 Chemistry Analyzer, FMV: $150,000.00

BeckmanAnalyzer

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MRG Hospital Fun Facts:

Frank Sinatra’s death coincided with the Seinfeld series finale. Sinatra’s ambulance was able to arrive to his house and then to the hospital quickly because of low traffic due to much of Los Angeles being inside to watch the show

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Contact MRG:

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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

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LeicaM844

Manage Resource Group is selling

1 qty LEICA M844 Surgical Microscope System

  •  DOM 2012, Still in original crate.   Never put into service
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Please call for pricing.  Inspections are available to interested buyers. Contact with any further questions.

Brian Hoehn – 216.926.8162  email:  bhoehn@manageresourcegroup.net

Manage Resource Group, Inc. is hiring!

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Manage Resource Group, Inc. has the following part time position available:

Lead Generator / Marketing Assistant
Berea, Ohio – Negotiable

 

Responsibilities:

  • Generate leads through contacting hospitals/non-acute sites/service companies via telemarketing, email marketing
  • Record information in MRG contact database
  • Report leads weekly to MRG personnel
  • Work with current business partners
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Qualifications:

  • Telemarketing experience preferred, but not required
  • Effective and excellent interpersonal, communication and presentation skills.
  • Extensive knowledge of key programs – PowerPoint, Excel, Word, Access, comfortable in common web applications.

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About Manage Resource Group:

Manage Resource Group, Inc. was established in 2007 with a client focused approach that specifically targeted the challenges equipment management places on healthcare providers. Our business model was structured to manage three specific areas: Inventory, Appraisal and Resale Management Services.

For more information and to apply, please click on link below:
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