
CAPITAL STRATEGY INSIGHTS: Reimagining the Process #016
June 6, 2023: 79th Anniversary of D-Day. May we never forget.
#016 Rationally Redeploying Assets
The last post examined Estimated Standard Full Life (ESFL), the expected full life of an asset, addressing how long devices actually…

CAPITAL STRATEGY INSIGHTS: Reimagining the Process #014
03.20.2023
#014 Strategic Capital Planning – Inventory is the Foundation
Best wishes to all – here’s hoping your bracket is going well! The way this tournament is going, it has probably crashed like everyone else.
We’ve…

CAPITAL STRATEGY INSIGHTS: Reimagining the Process #011
09.15.2022
#011 Strategic Capital Planning – FMV is not an Algorithm, Part 1
In the past we touched on developing a strategic approach to capital procurement and spend. That approach uses Estimated Remaining Useful Life (ERUL) as…

CAPITAL STRATEGY INSIGHTS: Reimagining the Process #010
07.07.2022
#010 Strategic Capital Planning – Metric-Based Prioritization
In Post #007 we touched on developing a strategic approach to capital procurement and spend. One of the considerations for the strategy included prioritization,…

Capital Strategy Insights: Reimagining The Process #007
02.17.2022
#007 Asset Value Contribution to Lifecycle – Part 6: The Replacement of Asset(s) in Positive Equity
It has been a crazy start to 2022 and I have gotten a little behind with the posts. Hopefully with this post we will…

Capital Strategy Insights: Reimagining the Process #004
10.11.2021
#004 Asset Value Contribution to Lifecycle – Part 3
In Post #003 we focused on the impact of asset value on funding decommissioning an asset or group of assets. Buyer acquisition, administrative costs, deinstallation…

Capital Strategy Insights: Reimagining the Process #003
10.1.2021
#003 Asset Value Contribution to Lifecycle – Part 2
In the last post I addressed the topic of using equipment until terminal failure (“driving the wheels off”) and the requirement of buyer acquisition of medical equipment…

Capital Strategy Insights: Reimagining the Process #002
#002 Asset Value Contribution to Lifecycle – Part 1
I am going to break this topic up into multiple posts. There are too many elements to cover, and the elements require a little explanation. So, when I write the book (that’s…

Outside the Box
Asset management and capital replacement strategies are financially significant for a healthcare system. Millions of dollars are being allocated and profitability, reliability, and clinical efficacy are at the forefront of consensus decisions. …

What Can an Inventory Tell You About Your Equipment?
Performing a house-wide medical equipment inventory does more than record information and numbers. That inventory’s results will give you a broader idea of your medical asset’s remaining life when done with the correct approach. You…