Add to Cart
Equipment Budget Wizardry - Planning and Budgeting for New Technology
Traditionally, medical equipment has represented 10% to 40% of a healthcare project budget. However, the complexity of today's emerging technology and equipment can increase that percentage significantly. In many cases, investing in new technology may be necessary to improve patient satisfaction and safety, increase or maintain market share, and attract and retain top physicians and staff. This means that hospitals, planners, and designers now struggle to make comprehensive spending projections and find creative ways to finance their medical equipment needs. Since more complicated procedures are often performed at alternate sites, the challenges of equipment budget compliance extend beyond acute care facilities to ambulatory care centers and physicians' office buildings.
This presentation demystifies the medical equipment budget provides case studies that illustrate how to overcome these challenges. Gloria Cascarino provides proven solutions for forecasting the budget impact of medical equipment, as well as planning for its impact on design and operations. Participants will learn to create realistic budget projections, including allowances for instrumentation, accessories, technology upgrades, relocation of existing equipment, installation, and off-site storage. Cascarino also presents resourceful strategies for realizing significant budget reductions by maximizing existing resources, accessing significant discounts on new equipment, and getting creative with funding sources.
Learning Objectives:
- Forecast and determine a realistic medical equipment budget - including costs for emerging technology.
- Develop a comprehensive medical equipment budget process, and a tool that tracks budget fluctuations, trends and variances through all project phases.
- Maximize the re-use of existing resources.
- Identify and access opportunities for significant cost reductions for new equipment - essentially "Find the Money"!
Presented By:
Gloria Cascarino
Director of Medical Equipment Planning
Francis Cauffman Architects
Gloria Cascarino is an authority on the selection, operations, and function of medical equipment and materials. As a hospital manager for 20 years before joining Francis Cauffman, Cascarino oversaw several major construction and renovation projects. Cascarino was also a member of numerous planning committees and user groups for major healthcare construction projects as well as presentation committees for JCAHO and other regulatory surveys. She has a keen understanding of safety, budget development and compliance, functionality, efficiency, and patient satisfaction. Educated at Temple and Purdue Universities, Cascarino is a Certified Registered Central Sterile Technician and a member of the American Society of Healthcare Material Managers. She is a frequent speaker at the Center for Health Design Conference and other venues.
Continuing Education:
- This program meets the requirements for CHFM and CHSP Continuing Education Credits.