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Taking Aim at a Multi-Million Dollar Blind Spot
How underutilized medical equipment is shrinking hospital margins.
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Cohealo aggregates capital requests and places each request in the context of current equipment utilization and sharing opportunities.
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Health systems are under more pressure than ever before to find savings - and equipment is one of the largest expenses. Cohealo improves the transparency around capital planning by providing objective data on current equipment utilization, so executives can prioritize what to buy and when to buy it.
Every health system is different. That's why Cohealo's customer success team works directly with OR directors and finance staff to meet the system's unique capital and operational expense reduction goals. We use our proprietary technology and real human brains to handle the heavy lifting, delivering results customized to our customer's specific needs.
During the capital planning process, instead of buying a single resource for each facility, Cohealo identifies equipment that can be purchased for multiple providers across the health system. Finance executives can make it farther down their list of purchase requests and providers have access to a greater variety of equipment.
Explore this ground-breaking whitepaper that delves into why medical equipment sits unused 58% of the time, and how collaborative consumption can turn that unused capacity into profit
Read White PaperCohealo's customer success team works with your finance staff to aggregate capital requests from across the system and develops a savings model designed for your unique goals, always with an eye for maximizing asset utilization through collaborative purchases and sharing.
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Cohealo works with OR directors, finance staff, and providers to understand their equipment needs and case volume goals.
Cohealo is provided the list of capital requests from across the system to begin our analysis, cross-referencing equipment utilization data.
Cohealo finds ways to merge capital requests or eliminate them entirely with network-owned equipment with excess capacity.
Cohealo handles all the logistics for sharing and tracking the utilization of collaborative equipment purchases, which have a 3-5x ROI.
Case studies, white papers, and webinars
View All ResourcesHow underutilized medical equipment is shrinking hospital margins.
How Cohealo safely moves equipment, identifies sharing opportunities, and mitigates risk.
In partnership with HFMA, watch this four-part approach to equipment sharing for finance leaders.
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