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What is a managed equipment service?

The healthcare industry needs a vast range of state of the art equipment and technology in order to provide a consistently high level of care and innovation.

Over the years, managed equipment services have increased in popularity, with healthcare professionals recognising the many benefits they offer, including the ability to access the latest equipment without the initial capital investment.

What is a managed equipment service?

A managed equipment service involves the outsourcing of all aspects of medical equipment and technology to a company specialising in the service. This provider will have the expertise to purchase, install, and maintain the organisation’s medical equipment on a long-term basis, as well as training users to ensure effective use of the equipment.

A managed equipment service (MES) allows the healthcare industry to benefit from the latest healthcare equipment for a fixed, monthly, quarterly, or annual fee. Agreements usually last between 10-15 years.

The MES covers the entire equipment lifecycle, from procurement and purchase, through to installation, commissioning, user training, maintenance, asset management, and ongoing replacement. Providing a strategic approach to managing technology, the MES ensures that equipment is maintained to a high standard, and is replaced in line with an agreed investment plan.

Improving collaboration between the public and private sectors, a managed equipment service typically includes the following:

  • Equipment that is replaced at set intervals so it’s always up to date
  • Full installation
  • Full maintenance and service packages
  • Training can be provided if required
  • Facilities management
  • Disposal of the equipment

All managed equipment services can be adapted to meet the bespoke needs of your healthcare business, ensuring you have the equipment you need to offer the highest standard of care, with optimum efficiency.

What are the benefits of using a managed equipment service solution?

Using a managed equipment service solution offers a number of benefits to patients, organisations, and clinical staff, including:

  • Better patient throughput and outcomes
  • An insight into future costs
  • Simple budget planning
  • A streamlined procurement process
  • Improved use of documentation
  • No disposal costs
  • Fixed interest rates
  • Access to the latest, state of the art technology
  • Guaranteed uptime
  • Potential VAT reclaims
  • Increased cost efficiency and management

One of the main benefits of this type of service is that it can really help hospitals and healthcare professionals to manage their budgets effectively. After all, with dwindling healthcare budgets and financial pressures ever more apparent across the healthcare sector, paying outright for the latest equipment can have a huge impact on cashflow.

A managed equipment service means that you can always have access to the latest equipment with a payment plan that works for your business model. This means that you can not only enjoy innovative healthcare technology and tangible cost-efficiency benefits, but you can also improve patient care.

And, because the provider has a larger presence in the market, it is able to deliver a higher standard of service at a more cost effective price.

What types of equipment can a managed equipment service cover?

An MES can cover a wide range of equipment types across the healthcare sector, including but not limited to:

  • Laboratory
  • Infusion
  • Endoscopy
  • Imaging
  • Medical robots
  • Antenatal
  • Infusion

Why choose CHG-MERIDIAN?

Here at CHG-MERIDIAN, we have helped a significant number of hospitals and other healthcare organisations, including NHS Trusts, to improve their patient care. We can help you provide a high standard of care with a tailored managed equipment solutions that will keep you on top of the latest market technologies and trends.

Our friendly, helpful, and professional team is always on hand to answer any of your questions and will advise you on the best managed equipment solutions for your needs. Get in touch today by emailing us at healthcare_uk@chg-meridian.com.

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