Feb 6, 2023 | BidMed Technology, Expert Insights
Lost equipment and inaccurate medical inventory lists often lead to drastically higher hospital expenditures — including asset underutilization, equipment that could be sold or transferred in-network, and sometimes extra expenses from unused service contracts. Many...
Jul 16, 2020 | BidMed Technology
The most common pitfall of hospital networks’ inventory management systems is a breakdown during asset lifecycle workflows. Whether that’s failure to add complete details for new acquisitions, or to communicate dispositions across all departments, disjointed records...
Jul 2, 2020 | BidMed Technology, Expert Insights
One of the biggest failures we see in maintaining accurate asset inventory is a breakdown in communication between departments. Many hospitals or health systems have a biomed record and a separate financial ledger — these records frequently don’t match, nor do they...
Jun 18, 2020 | Expert Insights
Every hospital has a process for removing assets from service. But the question is — how efficient is that workflow? We looked recently at how inventory records fall apart due to disjointed disposition workflows. So let’s look at how to actually stay on track and end...
Jun 4, 2020 | Expert Insights
Capital asset inventory accuracy is important for more reasons than just effective patient care. An inaccurate ledger can leave your hospital open to audit complications. It can create failures in operational efficiency and future equipment planning. And removed...
