GE HealthCare and reLink Medical Collaborate to Help Reduce Medical Device Waste for Healthcare Providers
The average 250-bed hospital in the
U.S.has approximately 2,000 medical devices that may require end-of-life monitoring and planning for potential disposition.1
GE HealthCareand reLink Medical will help healthcare providers manage their end-of-life medical equipment, and provide them with a potential revenue stream, by selling, recycling or donating their equipment.
This collaboration between
GE HealthCareand reLink Medical will further advance both companies’ commitment to sustainability.
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Management of medical equipment disposition. Photo courtesy of reLink Medical.
Each year, healthcare providers retire approximately ten percent of their medical assets from use.2 Attempting to manage medical device waste independently can often require staff time and create cumbersome processes filled with hidden costs. As providers continue to face cost pressures from the COVID-19 pandemic, managing budgets and uncovering cost savings is a priority.
“A potential and often overlooked source of expense for providers is medical device waste, which includes aging, or end-of-life, medical devices that sit idle in a healthcare provider’s inventory,” said
When the disposition solution entails selling the medical equipment, a percentage of the revenue from that sale is returned to the healthcare provider in the form of credits that they can use to purchase equipment or parts, invest in training for their technicians and engineers, purchase On-Demand services including deinstallations or specific hospital modernization projects, or redeem the revenue via a wire transfer or check from reLink Medical.
Sustainability is an important consideration for the management of end-of-life equipment. More than six million pounds of medical waste are kept out of landfills each year through reLink Medical’s processes.3 This collaboration between
Efficiency Gains Through Managing Equipment Surplus
In addition to managing the disposition of end-of-life medical devices, as part of this collaboration
This solution will manage logistics to simplify pick up of medical devices from a healthcare provider’s site and catalog every device so providers have a clear understanding of where their assets are located, helping to ensure they have the medical equipment they need without bearing the burden of storing and managing surplus inventory.
“This collaboration signifies a significant step forward in revolutionizing asset management solutions and empowering healthcare organizations with the tools and technologies needed to optimize their equipment utilization,” said
1 reLink Medical data on file.
2 reLink Medical data on file.
3 reLink Medical data on file.
About reLink Medical
reLink Medical is a leading provider of innovative healthcare technology solutions specializing in asset disposition. With a focus on equipment disposition, surplus management, and inventory optimization, reLink Medical delivers cutting-edge technologies to enhance efficiency and optimize asset utilization in healthcare organizations. reLink Medical specializes in planning, executing, and managing the disposition of retired medical equipment throughout the healthcare industry. An ISO 9001:2015 certified company operating with the highest quality and sustainability standards, our tech-enabled solutions support hospitals by leveraging proven processes and the power of people and infrastructure.
GE HealthCare Media Contact:
M +1 414 429 2675
reLink Medical Media Contact:
Gregory E Hemphill
Senior Vice President of Enterprise Solutions
M: +1 216 762 0549