Tips

Another way hospitals are growing their savings is by getting the most value from unused medical equipment. A simple way to add to your savings and avoid unnecessary costs is to make sure you cancel all service contracts ...

Does your hospital have unused medical equipment being stored and taking up space? Instead of letting this equipment cost you money and take up valuable space, donate your unused or unwanted medical equipment to both hel ...

Selling medical equipment that you don't actually own can end up costing your hospital a lot of money. Verify that you own the equipment before selling it or trading it in to another supplier to save your hospital from p ...

Hospitals often underestimate the cost of retaining or disposing of computers used to run clinical equipment. This can end up costing them lots of money by rendering a piece of equipment that was once functional and pote ...

Operating room waste can account for as much as 70% of all hospital waste. One innovative and easy way to reduce this wasted spend is to simply X-Ray your operating room waste following an operation to see if any surgica ...

If your hospital requires the removal of the hard drive to protect against any PHI risk, consider replacing your hard drive prior to selling your equipment or trading it in to maximize the value you recover from your eff ...

Hospitals who use outside (vs. in-house) service to support and maintain medical equipment often rely on a primary service provider. Their relationship with this service provider can deepen over time, eliminating the opp ...

Hospitals typically save the most money when they negotiate the purchase price of medical equipment and the annual service contract price (and terms) separately. This way you know what you are paying for each. Howev ...

Unlike peanut butter and jelly, equipment purchase and service quotes aren't necessarily better together. Suppliers are masterful at packaging product and service quotes to create the "illusion of savings" and to make yo ...

Many medical equipment service providers offer varying levels of annual coverage, and understanding what is actually covered in each of the service options can be challenging. Do you know all the cost components of a ser ...