INDUSTRY WATCH
FOR MOST HOSPITALS
AND MEDICAL
INSTITUTIONS, A LACK
OF FUNDING PREVENTS
THE IMPLEMENTATION
OF THE LATEST AND
GREATEST EQUIPMENT.
T
he healthcare industry is never
far from the latest innovation
or technological advancement.
However, for most hospitals and medical
institutions, a lack of funding prevents
the implementation of the latest
and greatest equipment – with old
equipment often being sweated until
it’s no longer fit for purpose. This results
in high maintenance costs, inefficiency
and ultimately, inadequate patient care.
Doctors and hospital bosses want to
ensure their patient care is unsurpassed
and likewise, patients yearn for the
confidence that they’ll receive the best
care and a swift recovery. The facts of
the matter are that today, hospitals are
being placed under greater demand
than they were 10 years ago, despite
having less resources in terms of money,
staff and equipment.
It’s not only medical equipment that
can aid the quality of care and improve
operational efficiency, but also the
Digital Transformation as a whole. Due to
modern technological advancements, we
now (as both a consumer and a patient)
are expecting a much better customer
experience than we were previously used
to, whether it be in a retail environment
or a healthcare environment. The
healthcare sector hasn’t yet seen the
levels of digital disruption that we have
seen within the retail environment per
se. Sure, we’ve seen a rise in electronic
prescribing and electronic health records,
but these are only taking the current form
of something and simply transferring
them into an electronic version of the
same. Within the healthcare sector, there
www.intelligentcio.com
Andrew Hockenhull, Global
Healthcare Business Development
Manager – Healthcare Technologies
at CHG-MERIDIAN
remains a significant possibility for the
transformation of processes.
The procurement and management
of healthcare technology has a lot of
room for transformation and as such,
a Managed Equipment Service (MES)
is a model we’ve seen become more
popular in recent years. Typically, a
hospital’s route to market was either a
capital purchase or leasing. With regards
to leasing, the options were generally
either through the frameworks or direct
with the manufacturers.
However, these two routes only provide
hospitals with access to financing
options. What hospitals really require
is access to a complete equipment
management solution that can ensure
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