Capital Planning Made Smarter
Healthcare capital equipment ownership has proven over time to be a difficult road to navigate. Arrevo is a solution designed to help you reach your capital planning and life-cycle destination.
Arrevo is a take on the Italian word Arrivo meaning arrival, destination, or finish. The “e” signifies the solution’s focus on equipment. Powered by years of data and expertise from Medical Equipment Resources & Consulting (MERC), Arrevo delivers a flexible, user friendly platform to healthcare providers, empowering their financial decisions with information from real industry data. You are not just getting a platform with your capital equipment data, but you are getting a tool developed by MERC’s hands-on service and capabilities to gather this critical data.
Arrevo integrates into your capital equipment program. It puts you in control of the procurement event, enabling your facility to save money and avoid losses by choosing the path that brings the best value to your organization.
The View Calculator is the culmination of an idea to provide customers with a visual representation of the value of a piece of medical equipment throughout its lifecycle. It also displays ranges throughout the lifecycle of the device or group of devices identifying the appropriate times to sell and/or avoid negative equity – a time in which the value of the equipment is less than the costs associated with decommissioning it. Not only will this help save you money but maximize the equipment value in your portfolio.
Enter your equipment information and see important value points through the lifecycle
View key timeframes like the optimal timeframe to sell an asset
Avoid negative equity by planning replacement before you are upside down
Sort on different asset categories to view equipment in one dashboard
Use serial numbers and MERC tags to identify every unique asset in your portfolio
MERC provided Condition Assessment to each asset
The Asset Management section of Arrevo is designed to be just that – the asset management dashboard of your equipment. Similar to a database, this portion of the tool lists your equipment, but also shows data points that can be sorted, arranged, and filtered to provide you with narrowed focus. Inside of this is also dynamic data on Estimated Remaining Useful Life that shows you where your equipment is in its lifecycle. This is the nuts and bolts of Arrevo – the foundation of the data that Arrevo works from.
Asset Quality Index
The Asset Quality Index (AQI) portion of Arrevo is a MERC designed data point that provides you with a metric associated to the quality of your equipment portfolio. AQI can be related to peer facilities, inside your own facility, and throughout a system. Understanding the quality of your facility’s equipment can both be an eye opener and a way to measure and quantify opportunities for improvement.
See the overall quality of your portfolio at a glance
Compared to a baseline that compares to peer facilities
ERUL analytics based on asset category
Color coded ERUL categories to plan purchases and drive value upgrading your equipment portfolio
Categories assigned by MERC to understand when your equipment needs replaced and to avoid negative equity
Estimated Remaining Useful Life
Estimated Remaining Useful Life (ERUL) is important to understand the lifespan of a specific piece of equipment. In this section of Arrevo, the program groups and divides data into easy to read graphs that help you better understand both the strengths and weaknesses of your equipment portfolio. This is done by giving you information on how the facility, system, manufacturers, and types of equipment break down into lifecycle segments. Whether you are in a good position or in need of improvement, you will be empowered with a better understanding of ERUL.