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CAPITAL STRATEGY INSIGHTS: Reimagining the Process #017

July 27, 2023 #017 Buying Capital Equipment Should Not Be Reactive We looked at using Estimated Remaining Useful Life metrics to decide if an asset should be redeployed in my last post. Using ERUL metrics in combination with the costs…
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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…
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Capital Strategy Insights: Reimagining The Process #008

  03.23.2022 #008 Strategic Capital Planning – Overview, or “What would Sun Tzu do?” In Post #007 we touched on developing a strategic approach to capital procurement and spend. The considerations for the strategy included…
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Transition Planning

When a healthcare facility plans to relocate and/or expand, the process can prove to be stressful when deciding what equipment becomes surplus and what equipment makes the move. Transition planning with medical equipment experts can take some…
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Five Mistakes to Avoid in Healthcare Facility Transition Planning

Every project offers an opportunity to gain valuable knowledge. MERC’s deep experience in healthcare facility transition planning has enabled us to pinpoint steps that prime projects for success and the most common errors. In this overview,…
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Estimated Remaining Useful Life of Your Medical Equipment

Estimated Remaining Useful Life (ERUL) is a highly useful opinion based upon the ongoing utility of a piece of medical equipment, a grouping of medical equipment, or other assets.  We at MERC use the following definition of ERUL: an estimate…
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What Are Your Medical Equipment Needs?

Sometimes a simple answer gets straight to the core of the requirement.There may be a number of complex tasks and dependencies to achieve the goal, but simplicity sometimes is the best way of describing the value you need for your given situation.It…
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Q&A on Transition Planning

Recently MERC finished a project in Houston, Texas consulting on a surgery center transition to a new facility attached to an existing hospital and closure of the original site. MERC also consulted with a large children’s hospital in Colorado…
Oftentimes overlooked in the exciting change to a new or expanded facility is the transition of your existing medical equipment to the new space. Sure, your new space has new technology infrastructure, the size of the area has increased, and…