Asset management encompasses many facets. There is replacement and purchase of additional equipment. In conjunction, a medical imaging manager must prepare capital budgets and justifications to replace or add the equipment. A manager must consider construction costs, information services costs, engineering costs and service costs in the proposed purchase. Financial options must be evaluated and a manager must prioritize the capital budget for senior leadership and/or board. Asset management includes analyzing the useful life of the equipment and lifecycle costs such as maintenance, service, supplies and upgrades. Benchmarking data can assist the radiology manager in their justifications.
Learning Objectives:
Understand different components of asset management in radiology.
Justify capital equipment for purchase.
Understand different costs associated with asset management.
Use benchmarking data to evaluate utilization of equipment and justify replacement and/or additional equipment.