Many hospitals lose tens of thousands of dollars every year, appear older and in need of capital improvement by leaving equipment that should be disposed of on their fixed asset ledger. Maintaining ...

Hospitals lose up to 20% of mobile assets like wheelchairs, hospital beds, and medical equipment to theft or misplacement—costing an average of $3,000 per item to the tune of millions lost annually.

It’s important for hospitals and healthcare providers to keep track of where the movable equipment is located to make sure the books are set up appropriately and are complying with financial reporting ...