Start Sharing,
Start Saving

With the cancellation of elective surgeries due to COVID-19, health system leaders must navigate their organization to a new financial future. Equipment sharing is an entirely new way to save money, grow service lines, and maximize the use of assets you already own.

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On average, medical equipment sits idle for 90% of it’s available life.

Health systems can sweat their assets by:

Sharing instead of buying new

If there is a capital request for equipment already owned by your health system, sharing can eliminate the cost of a new purchase.

Sharing instead of renting

If you are renting equipment, you are already sharing, but at 2-5x the cost of borrowing from sister facilities. Health systems can reclaim operational dollars by sharing.

Purchasing collaboratively

When you receive the same capital request from multiple facilities in your network, collaborative purchases enable you to buy a single unit and share.

How It Works

1

Identify sharing opportunities

Cohealo’s platform leverages your EHR data, inventory lists, and sophisticated preference logic to understand equipment utilization patterns and get teams sharing.

  • Everyone has a transparent view into what assets the health systems owns, and how they are being used, with a browsable, digital marketplace of your equipment
  • A web-based dashboard highlights the availability in your fleet, and anyone can request shared resources
  • Algorithms run in the background and automatically reserve shared equipment when rentals or conflicts are detected
2

Mobilize equipment

When equipment is needed, custom rule sets take surgeon preferences, conflict management, make/model substitutions, and proximity into account when selecting the best unit to share.

  • Each move has insurance of $2 million-dollars
  • Signatures are collected from both the lending and borrowing sits, and each move is fully traceable through our chain of custody mobile app
  • No manual data entry or spreadsheet wrangling for staff. Ever.
3

Save money and grow

Right size your fleet, eliminate rental expenses, and save on new equipment needs – all while improving your providers’ access to the best possible technology.

  • During the capital planning process, everyone looks at the same data and can have objective conversations around whether to purchase or share
  • Make it farther down your list of capital requests
  • Grow service lines into new sites with no additional capital dollars, bringing care deeper into the community

Getting Started

Transparent pricing that scales with your savings

  • Begin with a sharing pool of any five units of your equipment
  • One-time facility setup fee, a flat fee per each unit shared + logistics costs
  • Unlimited sharing across any of your facilities: hospitals, medical office buildings, and ASCs
  • Unlimited users for Cohealo’s equipment marketplace & utilization analytics dashboard
  • Dedicated customer success representative

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Want to learn more?

Let’s set up time to discuss how equipment sharing can help you save money.

Just complete this form or email us at info@cohealo.com

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