The ECRI Institute, a nonprofit patient care organization, launched a service dedicated to helping hospitals and health systems control their spending and plan for the future as they engage in merger and acquisition activity.
The institute's service line aims to reduce expenditures by helping newly merged entities develop data-driven plans incorporating clinical, safety and operational data for equipment acquisition, replacement and redeployment. The service line focuses on maximizing a health system's use of existing medical equipment following a merger and expanding capital availability in key technology areas such as radiology, surgery and cardiology.
"[The service line aims to accelerate] the capital equipment integration efforts of newly merged health systems so our customers can more quickly realize the benefits of standardization, bundled systemwide purchasing, asset redeployment and strategic replacement planning," said Thomas Skorup, vice president of the ECRI Institute's Applied Solutions Group.