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HEALTHCARE TECHNOLOGY

BALANCING THE COSTS AND BENEFITS OF THE LATEST HEALTHCARE TECHNOLOGY

Healthcare technology is constantly advancing, more so today than ever before. CHG-MERIDIAN can help assess your current technology and assist in transitioning to the latest clinical and diagnostic devices to enhance patience care, delight staff, and improve outcomes.

The convergence of clinical devices and IT

Healthcare without IT is impossible these days, as it plays a critical role in patient care, ADT, revenue cycle, and post discharge care. IV pumps, patient monitors Rx systems all intercommunicate with each other, as well as, EHR and other mission critical IT software systems. This trend is set to continue, and clinical devices and IT will be linked even more closely in the future. The IT and clinical engineering departments are becoming one homogenous department with shared challenges of uptime, data integrity and security.

ACHIEVING BALANCE: PATIENT CARE VERSUS ECONOMIC CHALLENGES

By implementing efficient technology management, it is possible to improve patient care while reducing overall costs. CHG-MERIDIAN can assess your current installed base of IT, diagnostic imaging, clinical and surgical assets and assist in their replacement.

What is the utilization of the asset? Where is it located? Is it owned, leased, or rented? How much are you paying in are maintenance costs? Do you have rhythm and rigor to IT and medical device technology refresh? Or, do you have fully depreciated assets on your books well past their useful lives that are costing more to maintain, and putting patients at risk?

We analyze, recommend, and assist in:

  • Identifying under-utilized assets
  • Trade-in of owned assets for cash or, to subsidize the finance of new devices
  • Proving late model, refurbished and warranted devices for significant savings
  • HIPAA-compliant data sanitization and EPA-approved disposal of equipment
  • Tracking and reporting of technical, maintenance and financial data

Our approach preserves capital and increases cash flow and asset utilization.

You will benefit from leaner processes, reduced complexity, greater transparency, and lower administrative expenses.

TRANSPARENT COST CONTROL

TESMA®

Our cloud-based TESMA® system gives you full transparency of your equipment from both technical and financial aspects. You may use it is as your key asset management application or, as the perfect add-on application, thanks to its many open interfaces, Order equipment, request lease quotes and documentation, allocate costs, track warranty expiration dates or request for the equipment to be picked up. TESMA® adapts to your healthcare organization and can be tailored for each department’s needs.
MORE ABOUT TESMA®
LIFECYCLE MODEL

EVERYTHING REVOLVES AROUND YOUR SUCCESS

Every technology project has unique goals and challenges. We can make things easier for you with a single model-based methodology; our tried-and-tested three-phase model. It forms the basis for our comprehensive financing solutions and expert support over the entire healthcare lifecycle – and beyond.
Leave lifecycle
THREE-PHASE MODEL

360-DEGREE FOCUS ON YOU

Three interlocking phases (Preparation / Productive / End-of-Life) form one complete cycle meaning that we are by your side from start to finish. Our extensive partner network enables us to deliver the right solution for your specific needs during every phase.
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PREPARATION PHASE

GOOD PREPARATION IS KEY

End-to-end, customized lifecycle solutions require a broad perspective. We thoroughly analyze your situation and recommend the optimal procurement and financing strategies to hedge technology risk and help you stay within budget.

CONSULTING

HEALTHCARE TECHNOLOGY ASSESMENT

  • Asset inventory and analyzing your existing portfolio of medical and IT equipment
  • Do you have the right device, at the right place, at the right time?
  • What is the average age of your fleet?
  • Are you paying for maintenance for equipment still under warranty?
  • Does your PC fleet support the next generation operating system?
  • What benefit will you get by upgrading a surgical robot?
  • Would your requirement be best served by refurbished equipment at 50% savings?
PRODUCTIVE PHASE

EFFICIENT OPERATION - ALWAYS

Quality patient care requires having the right equipment, at the right time, at the point-of-care with maximum uptime.

ROLLOUT

DEPLOYMENT

  • Installation
  • Software
  • Prepaid maintenance contracts

SUPPORT

CONSUMABLES MANAGEMENT

  • Financing of dedicated and non-dedicated accessories consumables
  • Portfolio monitoring with TESMA®

MANAGED EQUIPMENT SERVICE

  • Fixed costs for service, delivery, and replacements
END-OF-LIFE PHASE

THINKING BEYOND THE END

A focus on end-of-life processes will benefit you in many ways. Our service extends from collecting assets to certified DoD/HIPAA-compliant data erasure. You’ll receive asset specific certificates of destruction.

ROLLBACK

END OF LIFE

  • De-installation, packing and shipping – PCs to MRIs
  • Certified data erasure (NIST/DoD/HIPAA-compliant)
  • e-Steward® and R2 responsible destruction, recycling and disposal
TESMA®

EFFICIENT MANAGEMENT OF COMPLEX TECHNOLOGIES

Our technology and service management system known as TESMA® is at the heart of the lifecycle. Thus, it provides you with an overview of all commercial and technical aspects 24/7. Vital asset information is transparent and available to you in real time.

TESMA®

  • Creates full transparency throughout the entire technology lifecycle
  • Takes into account financial and technical aspects

FINANCIAL MANAGEMENT

  • Leases, loans and structured finance solutions
  • Same-as-cash, seasonal payments and delayed payment plans
  • Department specific invoicing and allocation of costs

OPTIMIZATION OF INVESTMENT

  • Capacity and cost optimization
  • Detailed reporting

Our lifecycle model illustrates how CHG-MERIDIAN successfully supports you in every phase of your technology project.

FLEXIBLE FINANCING FOR EVERY SITUATION

CHG-MERIDIAN ensures the financing of medical equipment and IT is flexible and competitive – together we can find tailor an operating or capital lease to suit your needs. Only pay for what you are using and provide a path for midlife upgrades or replacement based on your patient flow and physician requirements and retention goals.

Effective support for smooth operation

  • End-to-end equipment tracking and reporting in TESMA®
  • We work with OEMs and 3rd party providers to ensure the best value for your facility
  • Rentals for short term surge requirements.
  • Financing of consumables contracts along with devices

A secure end to the equipment lifecycle that also adds value

CHG-MERIDIAN and our approved partners ensure correct de-installation and proper disposal of assets meeting the most stringent U.S. and European standards.

Your main concern is the protection of patient data. It’s ours too. That’s why we offer certified, HIPAA-compliant data erasure of PCs, servers, data storage, tablets, smartphones, printers, faxes and clinical devices. You get device specific certificates attesting to the destruction of the data or, the physical destruction and environmentally correct disposal of the asset.

 

FLEXIBLE AND INDEPENDENT FINANCING - FOR HEALTHCARE TECHNOLOGIES

Financing solutions for every situation

One periodic payment covers the cost of equipment, installation and maintenance services. We offer operating leases, capital leases, and deferred payment plans to offset initial start-up costs for new service lines. Cash flow, DCOH, loan covenants or balance sheet concerns, we can structure the best payment plan for you.

Independence from OEMs

As one of the world’s largest manufacturer independent providers of healthcare IT and medical device financing, we look out for your best interests. Manufacturer captive finance companies lock you into their parent company’s equipment offering. We finance what your clinicians want, irrespective of manufacturer. We can help you transition from one vendor to another as your requirements dictate.

 

 

 

Overall financing

We can also offer an all-inclusive financing package where you pay one single installment for equipment and services. This could be anything from the financing of workplace PCs, medical imaging equipment, or a sterile laboratory to the fitting out of an entire cafeteria.

Pay-as-you-earn

With this individual financing method the costs are distributed throughout the useful life of the equipment. Your lease installments are based on the expected income and the usage of the equipment.

Pay-per-theater

If you want to finance your operating theater, we can quote a rate for the complete cost of an operating theater based on the operations performed.

Pay-per-patient

This flexible financing method matches your income streams. It evolves in line with the patient-based flat-rate fees and is also covered by these.

Download

  • Industry Insights: Financial Challenges for Hospital CFOs

    pdf, 1 MB

Contact us!

Feel free to contact us in case of questions!

Simon Harrsen

Vice President of Sales USA

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