Boston firm helps hospitals share expensive equipment

By Healthcare Facilities Today
January 16, 2014

Cohealo, a hospital equipment sharing service, uses its own fleet of vans and specially trained movers to help hospital systems lower costs by sharing expensive equipment among different facilities. Customers pay a fee per transport, plus a subscription fee for proprietary HIPAA-compliant scheduling software that optimizes use of the equipment in each location, according to an article in the Boston Business Journal.

The company handles the insurance for the pricey equipment, which mainly includes devices and tables used in orthopedic, gynecology and gastrointestinal surgery. A chain of custody system, similar to transporting an organ for transplant, accompanies each piece of equipment. Devices are sterilized by hospital staff before transport, the article said.

Current customers include three hospital systems, including Steward Health Care System in Boston and 25 hospitals within the Health Management Associates (NYSE: HMA) system. Cohealo is moving the company headquarters to Boston’s financial district from Boca Raton, Fla.Co-founder Mark Slaughter said the company is in talks with every major system in the Northeast.

While the current business model focuses on sharing equipment within a hospital system, Slaughter said he can envision a hospital network sharing equipment with other facilities outside its system, the article said.

“So, for instance, Steward Health Care and Partners HealthCare could collaborate, so that if Partners had a piece of equipment that was underutilized, they could monetize it by lending it out.”

Read the article.

 

See the latest posts on our homepage


Share

Topic Area: Maintenance and Operations


Recent Posts
Recent Posts
Focus: Infection Control

N.Y. nursing home cited after maggots found in patient wound


Premier Genesee Center for Nursing and Rehabilitation was not fined

1/22/2020

Atlanta hospital expects repair of flooding damage to take until fall


A water pipe break in early December flooded three floors at Grady Memorial Hospital

1/22/2020

Calif. hospital sets up overflow tent for flu patients


California seeing more flu cases than normal

1/22/2020

Regulations, Codes & Standards Q&A: Storage of flammable liquids (Part 3)


Brad Keyes discusses regulations for storage of flammable liquids

1/22/2020

Haiti's biggest hospital still not rebuilt 10 years after quake


Port-au-Prince hospital one of the first projects approved for Haiti’s reconstruction

1/22/2020





Post Comment




FREE
NEWSLETTER

News & Updates • Webcast Alerts • Building Technologies

All fields are required.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.