A ten-facility health system will own $1B worth of medical equipment that on average will sit idle for 58% of its usable life. Find out how your organization can get the greatest return on its capital equipment purchases through utilization analytics, cross-facility equipment sharing, and a data-driven approach to capital planning.
Based in Boston, Cohealo finds savings for health systems by increasing the utilization of their medical equipment through proactive data analytics and equipment sharing. With deeper insights into equipment usage, hospitals can pinpoint redundant equipment that is underutilized, areas for rental avoidance, and ways to share equipment between facilities. As the program scales within a health system, the network effect drives increasing levels of savings through redundant capex avoidance and decreased rental expense. Cohealo has been named to Fast Company’s Most Innovative Companies List and CNBC’s Disruptor 50 and is recognized as the first solution of its type to bring the sharing economy to healthcare.
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