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Top 5 Ways to Save Your ASC Money
your facility and have addition- al funds. When your facility sells equipment, you can use that money wherever it would be most benefi- cial; for example, to purchase newer equipment with better technology. And newer equipment can help re- cruit surgeons, increase the efficacy of the procedures they perform, and potentially reduce patient recupera- tion times.
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mbulatory Surgery Centers often follow strict budgets, so any amount saved can provide financial flexibility wherever it’s needed most; whether that be for facility upgrades/renovations, med- ical equipment, or maintenance. Be- low are five ways that your ASC can save money.
Audit Supply Usage / Standardize Supplies
Equipment Rentals Cost effective practices can even
extend into the need for equipment. If you need to upgrade or replace capital equipment, renting is a smart way to do so without committing to purchasing as long as it is on a short term basis. By renting, you can en-
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Over time, the cost of even in- expensive supplies can add up so you want to make certain that these supplies are being utilized efficiently. Performing an audit on your supply usage can help ex- pose which supplies are being used the most and which are not used as frequently. From there, you can ad- just your stock levels accordingly to reduce the quantities on hand of lesser utilized products. Once you know which supplies are in highest demand for your center, you may be able to save by buying these in bulk as many suppliers offer quan- tity-based purchase discounts. Signing onto GPO’s may be very beneficial. It’s also a wise idea to periodically compare your current supplier’s prices with other similar companies, you may find that their competition is more affordable.
Use Automated
Inventory Management While you are performing your
audit, you may realize that you place last minute orders far too frequently and are spending too much on expe- dited shipping costs. Implementing an automated inventory manage- ment system can reduce these costs. Once you program a threshold, an item will be automatically ordered whenever its inventory drops below a specified number.
Sell Surplus Equipment
Selling your surplus equipment is an easy way to free up space in
your facility and have addition- al funds. When your facility sells equipment, you can use that money wherever it would be most benefi- cial; for example, to purchase newer equipment with better technology. And newer equipment can help re- cruit surgeons, increase the efficacy of the procedures they perform, and potentially reduce patient recupera- tion times.
Equipment Rentals Cost effective practices can even
extend into the need for equipment. If you need to upgrade or replace capital equipment, renting is a smart way to do so without committing to purchasing as long as it is on a short term basis. By renting, you can en-
ment. Refurbished capital medical equipment costs up to 50% less than buying new. Soma Technology is a one-stop shop for equipment to ful- fill your surgery center needs. Soma is an ISO 13485:2016 certified fa- cility that technically and cosmeti- cally refurbishes equipment back to OEM standards. Soma’s equipment comes with a one-year warranty and is serviced by their experienced team of biomedical engineers and technicians. Soma Technology also offers rental and rent-to-own op- tions. Soma also buy surplus equip- ment. Contact Soma Technology at
soma@somatechnology.com, or visit
www.somatechnology.com, and receive a quote today to help your ASC save money.
Refurbished Medical Equipment
One of the biggest ways for an
ASC to save money is through pur- chasing refurbished medical equip- ment. Refurbished capital medical equipment costs up to 50% less than buying new. Soma Technology is a one-stop shop for equipment to ful- fill your surgery center needs. Soma is an ISO 13485:2016 certified fa- cility that technically and cosmeti- cally refurbishes equipment back to OEM standards. Soma’s equipment comes with a one-year warranty and is serviced by their experienced team of biomedical engineers and technicians. Soma Technology also offers rental and rent-to-own op- tions. Soma also buy surplus equip- ment. Contact Soma Technology at
soma@somatechnology.com, or visit
www.somatechnology.com, and receive a quote today to help your ASC save money.
Advertorial by Soma Tech Intl
sure that equipment is immediately available for use without any capital outlay. This efficient management of resources also allows the user to try newer equipment. You can also use this option with a new uncom- mitted surgeon during their on- boarding process.
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