Feb 20, 2023 | Expert Insights
Every hospital has a process for removing biomed assets from service. But the question is — how efficient is that disposition workflow? We looked recently at how inventory records fall apart due to disjointed disposition workflows. So let’s look at how to actually...
Feb 16, 2023 | Expert Insights
How many times have you completed an inventory assessment? Some of our clients have done dozens, and they just don’t stick — but why? The short answer is: ongoing disposition process compliance. Or rather, a lack of compliance. A lot of medical systems use...
Feb 9, 2023 | Expert Insights
The short answer is: ineffective disposition workflows. Many medical systems struggle with capital inventory accuracy because of outdated methods to track disposition requests and approvals. These decentralized systems are riddled with cracks where the entire process...
Jul 2, 2020 | BidMed Technology, Expert Insights
One common failure we see for maintaining accurate inventory is a breakdown in how teams at your hospital communicate between departments. Many health systems have separate biomed and financial ledgers. These records frequently don’t match, nor have common unique IDs...
Jan 28, 2020 | BidMed Technology, Expert Insights
Medical and healthcare equipment has an average utilization rate of 42%, causing an overall revenue loss in the billions for facilities across the country. High costs, combined with the loss of revenue, can easily contribute to facilities’ financial risk and closure....