How health systems can boost the bottom line with a data-driven approach to clinical asset management
Most health systems own more clinical assets than needed to meet patient demand. Several factors contribute to inflated clinical asset inventories, including equipment replacement prior to the end of its true useful life. In some cases, more replacement equipment is purchased than is needed because the capital planning process isn't based on an objective, data-driven evaluation of clinical assets.
In November 2019, at Becker's 8th Annual CEO & CFO Roundtable in Chicago, the clinical asset management provider TRIMEDX hosted an executive roundtable to explore how clinical asset management can reduce inflated equipment inventories and help boost a health system's bottom line. Attendee participants included hospital CEOs, chief revenue cycle officers and COOs, among other leadership roles. This whitepaper is based on their discussion.
Key learning points include:
- How to create better informed equipment replacement strategies with data.
- How to extend the useful life of medical equipment.
- How to improve patient safety, clinician satisfaction and equipment utilization through optimized clinical asset management.
Please fill out the form to download the whitepaper.