The Benefits Behind Healthcare Asset Management


When you're under the care of medical professionals, whether it's a life and death situation or just a simple check-up, are you thinking about how they manage their assets? Probably not. You are relying on these men and women to have the latest tools and equipment to find the source of your problem or give you a clean bill of health. As a patient, healthcare asset management isn't something we consider when we are at the doctor's office. But the bigger question is if the medical providers or the facility we're visiting is managing their healthcare assets.

The need for asset management in healthcare

We all know that doctor's offices, hospitals, and clinics have multiple pieces of equipment to treat their patients. From bandaids and pharmaceuticals to MRI machines and laboratory microscopes, all of these are assets that can impact the way your doctor/nurse/tech/PA provides treatment. With an increase in the demand for healthcare and the growing types of treatments available, for facilities that are already strapped for dollars and staff, not having the tools readily available to treat patients can be a tremendous burden.

But the pressure to provide excellent care is top of mind for medical staff. Searching for missing assets is not.

Medical teams rely on one another to have all the leased equipment ready for patients of every age and every malady. When time is of the essence, tracking down a missing asset is detrimental to the patient and the team trying to treat them. Conditions can change in a matter of seconds, and even just one minute trying to find that crucial piece of equipment that could potentially save a life could have dire consequences.

Using asset management software for healthcare assets and facilities

With so much to keep track of, there is a great need for more efficient hospital asset management processes.

Healthcare facilities and their staff need a multi-tasking tool that makes it easy to manage patient records, locates medical equipment, provides complete access to maintenance records for each piece of equipment, and provides up-to-date data on each piece of equipment like where it is, who has it, and its check-in/check out status.

Having any time, anywhere access to this critical information makes it easier for hospital officials to always know where equipment is at all times, make more informed decisions, and keep the focus on patient care.

The benefits of implementing a healthcare asset management solution

Implementing a healthcare asset management program provides so many benefits beyond just saving time and money. Today's offerings are more flexible and scalable –meaning facilities can customize them for what they specifically need them to be, not what a software provider thinks they need. Large hospital facilities may have more equipment than the smaller clinics down the street. But regardless of size or number of assets, staff needs to know what they have, where it is, who has it, and if it's in good working condition. Lives depend on it.

Many asset tracking tools now come with barcode scanning software that is accessible from their staff's smartphone or tablet. With one click, your staff can instantly capture information about an asset, including the option to take photos, make notes, and schedule alerts for upgrades or maintenance.

By capturing all the details on the entire lifecycle of an asset, the management platform can incorporate predictive maintenance. Tracking maintenance allows facilities to plan for critical equipment to be assessed, reducing equipment downtime and ensuring that equipment is always ready to be used.

When healthcare professionals have the right tools at the right time and have confidence that devices are in working order, patient health is optimized. The less time staff has to search for and assess equipment, the more time they can spend with patients.

Asset Panda's healthcare facility asset management software

Asset Panda's healthcare asset management platform makes it easy for medical facilities and their staff to manage patient records, locate medical equipment, access maintenance records, and ascertain the status of each piece of equipment. Asset Panda features a healthcare asset tracking platform that ensures your medical team has the necessary information to access critical medical assets when they are needed.

Designated users can scan each asset with a built-in barcode scanner to access complete histories, generate reports, track maintenance schedules, or submit help tickets on every asset scanned in. 

Highly configurable, Asset Panda quickly integrates with existing systems, changing as your needs change for unlimited ways to organize and access important information throughout an asset's entire lifecycle.

Having efficient and properly working assets 24/7 is critical for the healthcare industry. Let Asset Panda's healthcare asset management platform help you deliver the absolute best in patient care. Try our system for tracking healthcare facility assets out free for 14 days (no card required).

Learn more from an Asset Panda expert

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