The benefits of medical asset management

Posted on October 10 2023

Reading time: 4 minutes

Here are 4 reasons why effective medical material management can improve your services while delivering improved patient care.

health care inventory physician laboratory stethoscope

4 reasons to manage your medical equipment

Implementing an efficient medical equipment management system can help you provide better services while saving money on equipment.

What is medical materials management?

Healthcare materials management is the process of tracking the life cycle of medical equipment and supplies, as well as their location. This ensures that your organization has the right amount of equipment in stock at all times, while reducing waste and costs by ordering only what you need. It’s also easier for staff to locate items when they need them, as they’ll always be able to find them easily.

To ensure that you have all the materials you need, it’s important that your organization keeps its inventory of medical materials up to date. This means keeping up-to-date records of every item, so that when someone orders more stock or needs something repaired or replaced, you’ll know exactly how much stock is left for each type of item in each category – for example, beds and syringes.

4 Reasons to manage your medical equipment inventory

There are many advantages to keeping the medical care materials in your hospital or clinic up to date:

1. locate medical equipment quickly and easily in real time

Medical materials management is an essential part of any healthcare facility, ensuring that patients receive the best possible care with the equipment they need.

When medical equipment is not properly organized and tracked, it can lead to delays in care. Without the right software to manage your inventory, it’s easy to misplace or lose equipment. This can lead to a situation where a doctor needs an MRI machine, for example, but doesn’t have access to it because someone accidentally broke it the last time it was used without reporting it.

A good medical equipment management system can help you avoid such problems. It allows you to track everything from the location of each piece of equipment to the floor it’s on and when it was last used. This kind of detailed tracking ensures that all critical items are easily accessible at all times by authorized personnel!

2.Better healthcare for patients

When medical materials management is done right, staff have more time to focus on what’s crucial: patients. So, instead of wasting time searching for materials, or whatever else you may need at any given time, all your attention will be focused on helping patients and providing them with what they need.


15-day free trial

Hector at your company's service

Think of Hector to manage your equipment

Hector is an inventory management software that’s easy to use with a barcode/QR code scanner or its mobile application. Improve your inventory management!

Try it now

3.Increase staff productivity and time management

Managing healthcare materials is important for increasing staff productivity and time management. The ability to easily track and make the most of the medical materials you have will help you to be more productive in your work, which can mean less paperwork and more time spent with patients.

It also helps you manage your time better, since you know where your assets are at all times, and don’t have to waste time searching for them or asking other staff members if they’ve seen an item whose location they’re not sure about.

4.Reduce medical equipment costs and waste

The waste of healthcare equipment comes in many forms. There’s the obvious type – money wasted on equipment that isn’t needed or used. But there’s also the kind of waste that occurs when an organization holds too much stock and doesn’t schedule repairs and maintenance, with the result that these care materials don’t last throughout their lifecycle.

With good inventory management, healthcare facilities can reduce their overall costs by purchasing equipment only when they need it, and by keeping track of what they have in stock. This makes it easier for them to react quickly. When assets are properly managed, organizations are able to save money on overheads and increase productivity.

Hector asset management software

Managing medical equipment is a vital part of any hospital, and it’s important to keep it up to date so that it can operate efficiently.

Hector’s asset management software can help you to be efficient at all times, allowing you to track equipment usage and maintenance requirements, and ensure that it is stored in a secure location for quick access when needed. It’s also possible to track potential equipment problems, so you can resolve them before they cause problems for patients or staff.