ASSET MANAGEMENT

This modules is enables you to manage hospital machinery and equipment and track assets like wheelchairs and mobile beds, which are moved often or used across departments or hospital floors.
 Equipment Induction and setup and Tracking the asset register
 Tracking the Preventive Maintenance (PMC) & Annual Maintenance (AMC) for equipments and Capital items.
 In addition, fixed asset inventory and reconciliation services provide the necessary data visibility to avoid the risk of non-compliance with financial, tax and regulatory issues.
 To brand hospital asset with Unique Asset Id (UAID) by means of barcode or RFID tags.
 Depreciation module allows user to configure all the parameters pertaining to fixed asset management as per IFRS, GAAP as well as user defined GAAP.
 Scheduling jobs, assigning personnel, reserving materials, recording costs, and tracking relevant information such as the cause of the problem (if any), downtime involved (if any), and recommendations for future action Blood issued

The Asset Management module is a vital tool for healthcare facilities, enabling comprehensive oversight and management of hospital machinery and equipment. This module simplifies the process of tracking assets such as wheelchairs, mobile beds, and other critical equipment that frequently move between departments or across hospital floors. By implementing a structured asset induction and setup process, healthcare providers can maintain an accurate asset register, ensuring that all equipment is accounted for and easily accessible when needed. This proactive management of hospital assets not only improves operational efficiency but also enhances patient care by minimizing downtime and ensuring the availability of necessary equipment.
A key feature of the Asset Management module is its capability to track Preventive Maintenance Contracts (PMC) and Annual Maintenance Contracts (AMC) for both equipment and capital items. This functionality ensures that all assets are maintained according to schedule, reducing the likelihood of unexpected breakdowns and prolonging the lifespan of critical equipment. By scheduling routine maintenance and keeping detailed records of all maintenance activities, healthcare facilities can optimize their asset utilization while adhering to compliance requirements. This diligent approach not only safeguards the investment in hospital machinery but also enhances the overall safety and reliability of the healthcare environment.
Moreover, the module's fixed asset inventory and reconciliation services provide essential data visibility that helps healthcare organizations navigate complex financial, tax, and regulatory requirements. By assigning Unique Asset IDs (UAID) through barcode or RFID tags, hospitals can ensure precise tracking and management of their assets, significantly reducing the risk of non-compliance. Additionally, the depreciation module enables users to configure parameters related to fixed asset management in line with International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). This flexibility allows healthcare organizations to align their asset management practices with industry standards while also accommodating user-defined GAAP requirements.
Furthermore, the module facilitates job scheduling, personnel assignment, and material reservation, allowing healthcare facilities to effectively plan and manage maintenance activities. By recording relevant information such as the cause of any issues, associated downtime, and future action recommendations, this comprehensive approach enhances decision-making and ensures that resources are allocated efficiently. This proactive management of assets not only improves operational workflows but also contributes to better financial management and accountability within the organization. By leveraging the capabilities of the Asset Management module, healthcare providers can ensure that their equipment is well-maintained, compliant, and ready to support high-quality patient care.