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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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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…
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Capital Strategy Insights: Reimagining The Process #006

01.03.2022 #006 Asset Value Contribution to Lifecycle – Part 5: Asset in Negative Equity First, let me wish all of you readers a happy and prosperous 2022!  Here’s to excellent patient care with financial efficiency. In Post…
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Merry Christmas 2021

https://youtu.be/GODBmqnM2Bc After a year of uncertainty and challenges in healthcare, we can look back and be thankful for so many things.  Thank you to our team at MERC and  our customers who have had to navigate a dynamic healthcare…
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Capital Strategy Insights: Reimagining the Process #005

10.26.2021 #005 Asset Value Contribution to Lifecycle – Part 4: Negative Equity Avoidance In Post #004 we looked at the three contributors to the asset lifecycle: Appropriate standard of care; reliability and maintainability; and market…
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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…
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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…
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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…
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Capital Strategy Insights: Reimagining the Process #001

08.04.2021   #001 INTRODUCTION   My name is Wade Byerly and I am the President of Medical Equipment Resources & Consulting (MERC).  This is hopefully the first of many Blogs I will be writing on the topic of medical…

Medical Equipment Musical Chairs

https://www.youtube.com/watch?v=Bx6Sai67C_k When the music stops and the asset no longer has value, you will ultimately pay someone to remove the asset.  Consider these costs that impact the cost of ownership and  decommissioning of the asset: …