Services

Capital equipment services

The rapid advancement and soaring costs of new medical technologies make it difficult to obtain the capital equipment necessary to meet increasing demands on the healthcare industry. Critical equipment variables such as competitive market position, performance claims, lifecycle histories, service records and the preferences of multiple clinicians must all be thoroughly assessed. Add in the fact that capital funding is tight, and the challenge becomes even more daunting.

Reaching the next level of financial performance requires planning in advance for equipment needs, procuring capital equipment at the best possible price and managing the complexities of the equipment lifecycle. Meeting those challenges head-on is more important than ever before for today’s healthcare providers.

A Service you can count on, from Start to Finish

Broadlane’s Capital Equipment Services represent a complete capital equipment solution, considering the total cost of ownership of your medical equipment — from planning, to acquisition, to ongoing management. Capital Equipment Services provide you with the expertise, resources and tools you need in order to reduce the cost and increase the value of your equipment.

While our comprehensive portfolio of equipment contracts gives you access to competitive prices, that’s only half the solution. The Broadlane approach to managing the capital equipment lifecycle gives you more choices, improved value, better overall management and much more.

• Increased physician participation: Including your physicians in the equipment planning process helps you select the equipment that best suits the needs of your organization.
• Customized support services: Your dedicated Broadlane account manager is there to help you at all phases of the equipment lifecycle, from planning to ongoing management.
• Greater accountability: Throughout the management process, we provide you with the accountability and visibility you need to make sure you’re getting the best value from your equipment.

Broadlane’s medical equipment portfolio is designed to meet the wide range of capital equipment needs of acute care providers as well as sub-acute facilities. For providers with specific needs, we can create and maintain a custom portfolio of capital equipment contracts. That allows you to maintain associations with specific vendors without giving up access to potentially better pricing from alternative vendors.

Broadlane’s team of experts analyzes each product category to understand the total cost of ownership, including acquisition cost, installation and training, service, upgrades, consumables and other indirect costs. Broadlane performs a comparative analysis of the various product choices, considering clinical and technical factors as well as market and vendor issues. After client committees determine the best choice, Broadlane finds leverage points to reduce overall cost and then negotiates contracts with suppliers.

Equipment Planning

Broadlane helps you in planning every step of the equipment lifecycle in order to provide your organization with the best equipment at the lowest cost. Equipment assessments examine capital equipment budgets for products covered by Broadlane contracts, as well as existing equipment considered for reuse or replacement. Equipment planning covers the full range of activities, from budgets and cut sheets to procurement. Equipment reviews are conducted on-site to guide inventory assessment programs and develop long-term capital equipment budgets.

Live Group Buy Program

Broadlane’s Live Group Buy program is a unique, provider-driven service that delivers better value for the best technology. Unlike others in the marketplace, Broadlane conducts annual Live Group Buys for individual modalities, which helps you take advantage of rapidly changing technology and price points. Our collaborative approach enables you to join other healthcare providers to participate in a thorough and objective decision-making process for contracts that will not only save you money, but also help provide quality patient care.

Quote Reviews

Broadlane reviews capital equipment quotes provided by clients to verify that vendors have accurately provided the terms of the contract, and to identify additional savings opportunities. Capital equipment quotes are lengthy, complex documents that contain terms and conditions covering not only price, but also service costs, consumables and upgrades. Overcharges and errors are commonplace, and result in overpayment if not identified. In 2005 alone, Broadlane reviewed quotes totaling $32 million in purchases and identified $1.5 million in savings opportunities.

Equiptionary

Broadlane helps you understand medical capital equipment terminology with its Equip-tion-ary(SM). This helpful online document is intended to assist you with some basic information about medical capital equipment. Click here to download the equiptionary.