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The Reallocation Platform leverages the firm’s RUDR Score to identify assets that can be “reallocated” to another site within a healthcare system.
May 10, 2022
By: Michael Barbella
TRIMEDX has crafted a new strategy to help healthcare systems reduce medical device cybersecurity risks, bolster patient safety, and optimize medical equipment across all sites of care. The company’s new Reallocation Platform and a trio of medical device cybersecurity improvements further elevate how TRIMEDX partners with healthcare providers, which are faced with ongoing financial pressures, increased supply chain and labor expenses, the shifting of healthcare delivery to outpatient settings, and heightened cybersecurity risks. “A health system’s clinical assets account for more than 25 percent of its capital expenditures,” said TRIMEDX CEO Henry Hummel. “This is a significant financial resource that can be optimized to help organizations meet their financial objectives without compromising patient care or safety.” Chief Marketing and Solutions Officer LeAnne Hester stated, “We are committed to ongoing solution enhancements that provide objective information and recommendations to healthcare executives within IT, finance, and operations that inform decisions across their continuum of care and support the implementation of their strategies.” The Reallocation Platform is an integrated online system that leverages TRIMEDX’s proprietary RUDR Score to identify assets available for “reallocation” to another site within a healthcare system. Upon a healthcare system’s approval, medical devices with low utilization rates in their current sites are listed on the Reallocation Platform, where administrators at other sites within the same healthcare system can view, browse, and search for equipment that is needed at their facility. Leaders can compare devices on a host of attributes, such as make, model, manufacturer, age, and reliability, to find the equipment that best suits their needs. “The Reallocation Platform helps healthcare systems avoid unnecessary capital expenses associated with buying equipment for other sites of care that systemwide they don’t need,” said Dave Klumpe, TRIMEDX’s president of clinical asset management. “Plus, adding more equipment a system doesn’t need unnecessarily increases operational costs.” Three new features within TRIMEDX’s Cyber Advanced solution will further enhance the company’s unmatched approach toward medical device cybersecurity. Ransomware attacks alone rose 123 percent in 2021, costing hospitals more than $21 billion.
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