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Healthcare Asset Management & Inspections

Asset visibility is essential in any industry — but for the nation’s healthcare providers, cost control and accountability are more important than ever. When it comes to asset tracking and management, the healthcare industry faces unique challenges. Hospitals, doctor’s offices and healthcare outlets have a staggering number of devices, equipment, and other medical assets to track and maintain.

To run an efficient healthcare department, you need to know every possible detail about your assets:


  • How many do you have, and is that enough?
  • Where are they?
  • What condition are they in?

What kind of asset visibility do you have?

Your healthcare centre is only as efficient, up-to-date, and — most importantly — as safe as your equipment. Have you inspected your inventory lately to make sure you’re not compromising your patients’ health and safety with tools that aren’t calibrated or functioning properly?

For example, let’s take a look at hospitals. Hospitals maintain large numbers of assets that range from testing equipment to patient care aids. Many of these assets require periodic inspection to ensure that they are calibrated and functioning correctly. Other assets include items that wear out after a length of time and need to be replaced. Hospitals face a significant challenge in managing these assets and keeping them in proper condition.

The ability to know when an item is due for inspection or calibration is very important. Much of this type of information has been done with a paper and pen in the past. The consequence is that many aging items are not taken out of use soon enough. Manual asset management often results in human error and inefficiencies — and there’s no room for that in a healthcare environment.

Manual processes to manage capital and rental equipment are also inefficient, labour intensive, and error prone. If staff find it difficult to locate the portable equipment they need, they may stockpile it when they do locate it—exacerbating the issue of equipment availability resulting in patients often having to wait for equipment when staff have difficulty locating it.

So, what kind of Healthcare Asset Management solutions are available?

Healthcare Asset Management Solution such as Asset-i – addresses these challenges by providing visibility of the status and location of assets. The solution reduces staff time spent searching for, delivering, maintaining, and cleaning equipment through real-time status and location of equipment. It also increases equipment utilisation and lowers shrinkage rates while decreasing rental fees and penalties. By providing immediate access to equipment will not only improve efficiency and profitability, but will also help to improve patient outcomes and experiences.

Asset-i will help healthcare providers contain costs, streamline management, and maximise the value of all the assets involved in the delivery of care. Whatever their role, team members can benefit from the real-time visibility provided by asset tracking solutions.

Highly configurable, Asset-i quickly integrates with existing systems, changing as your needs change for unlimited ways to organise and access important information throughout an asset’s entire lifecycle. The solution also allows you to add pictures or documents, access full histories, generate reports, track maintenance schedules and audits. The analytics dashboard will provide further higher level of operational insight into inventory quantity and location, par levels and equipment process cycle status with powerful, visually-driven analytics.

ExPD asset tracking solutions will not only free up caregivers and medical support staff to focus on patient care, but will also enable procurement staff to know exactly what is owned and on hand so they can buy at the most economical prices and avoid costly duplicate purchases. Asset tracking provides effective visibility, control, and accountability, which in turn will improve the efficiency and profitability of our healthcare centre.

If you’d like further information on how barcode tracking could benefit your business – our ‘Expert’ team are ready to help.

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