One way for hospitals to decide when to repair or replace medical equipment is to consider the carrying cost of the older equipment, according to an article on the Healthcare Finance website.
The decision can also be based on obsolescence. Manufacturers might discontinue parts for some older equipment.
According to experts, hospitals often leave money on the table because they don't get independent counsel.
Expert advice — especially from those who don't work for an equipment company — can objectively build a customized approach of maintenance and repair options.
Hospitals as Energy Microgrids: Ensuring Power Grid Independence
Baystate Health Integrates Baystate Mercy Hospital into System
HCA Healthcare Reports Cybersecurity Incident
How Retail Design Can Improve the Healthcare Patient Experience
Jefferson Health Breaks Ground on Lehigh Valley Hospital—Coopersburg