From the May 2017 issue of HealthCare Business News magazine
One thing to consider when budgeting for test equipment is the cost of in-house service versus a vendor. Including benefits, in-house biomed staff makes $40 to $80 per hour. The vendor’s hourly labor costs typically start at $150 per hour based on time and materials charges. With this in mind, an upfront investment in test equipment will allow for long-term savings, especially if they have trained staff available.
In addition to direct savings, new systems have advanced considerably over the years. Historically, each performance test had to be performed separately and manually documented. This new generation of systems is capable of performing multiple tests simultaneously and documenting the results. This has allowed clinical engineering departments to further lower labor costs while performing key documentation to satisfy Joint Commission requirements.
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About the authors: James Laskaris is a senior emerging technology analyst at MD Buyline and serves as the primary analyst of high-end operating room technology. He also covers issues related to the legislative and reimbursement effect on health care and authors a bimonthly “Issues that Matter” publication.
Julie Andrews is a clinical analyst at MD Buyline in the areas of critical care, nursing and patient monitoring, and has more than 20 years of experience as a registered nurse, nursing supervisor, clinical coordinator and clinical educator for ICU and telemetry.Back to HCB News
