Hospital and healthcare asset management has always been a challenging task, balancing the funding needs of buildings versus equipment and other key financial decisions. And with recent news stories of healthcare and hospital facilities needing asbestos removal, seismic strengthening, or leaky building remediation, the challenge is that much greater. How to balance – and fund – these urgent needs, whilst continuing to invest in crucial healthcare equipment and services?
SPM Assets has developed healthcare and hospital asset management software, backed by our team of consultants and surveyors to assist you with the surveys, implementation, and strategic advice. SPM Assets has extensive experience in health services asset management.
Assessing building assets is relatively straightforward; the complexity in healthcare asset management is assessing the biomedical assets. Biomedical assets are unique in nature, as their replacement is typically driven by technological obsolescence, maintainability, supportability, and changing service delivery. SPM Assets understands this, and our hospital asset management software can be configured to provide suitable database structures to make the asset register meaningful and useful.
Having an up-to-date, meaningful, relevant and consolidated healthcare asset register makes health facilities management that much easier. What’s more, our asset management software will shorten decision cycles and clarify the process of choosing between projects to finance. The reporting functionality uses scientific, evidence-based data to back up your funding recommendations. This is particularly helpful should you need additional funding to achieve your asset management goals.
Our experience with asset management planning for health and hospital organisations began in 2005 when we were contracted to establish a comprehensive approach to asset management for the public health sector in New Zealand, involving both facilities and clinical equipment.
SPM Assets has also worked with public and private partnerships for Orange Health, Sunshine Coast University Hospital, and Royal Children’s Hospitals in Australia. We provide a 35-year lifecycle model that is used by each of the healthcare management teams in these organisations to ensure their funds are sufficient to renew and replace components over that time period.
Additionally, the Provincial Government Western Cape South Africa relies on our hospital facility management software to analyse and plan for all its hospitals and health assets. Time and time again we find health care organisations need to provide more of a tactical to strategic approach to managing health facilities across many sites. This could be a combination of building-related assets, and clinical or bio-med hospital assets. There is an increasing need to move towards more of a planned approach in health assets management, which SPM Assets advocates.
These asset management case studies highlight how we work with our customers to benefit them:
Whanganui and MidCentral District Health Boards needed to integrate, manage, optimise and monitor strategic and operational-level asset management planning functions to improve decision making.
This client realised surveying 17 sites wasn’t feasible due to resource constraints, so a time-boxed approach to infield assessments was used, together with virtual data for rooms with a common layout.
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