How HMEs Can Maximize Tracking Technology to Compete in an Uncertain Marketplace
By now, you’re probably aware that an automated asset tracking software solution offers a world of advantages including better equipment utilization, loss prevention, accurate rental billing, and more. These benefits alone can help your company survive as your reimbursement, regulatory and business environments continue to evolve.
However, the value of asset tracking software doesn’t stop there. Collecting data about the physical location of your equipment is only part of the picture. When you extend the capability of the mobile device – whether it be a handheld computer or a smartphone or tablet – to automate your workflows, you access a new level of efficiency and control. Continue reading →
With reimbursements falling, sometimes steeply, home medical equipment (HME) companies are urgently turning their attention to cutting costs. Unlike less palatable choices, such as layoffs or buying lower-quality equipment, implementing the right technology can not only increase HME operating efficiencies, but also substantially improve performance and position companies for growth in an era of accountable care.
Asset tracking software provides this type of opportunity. With equipment as one of their biggest expenses, HME companies must ensure their assets are working as hard as possible and thus delivering an optimal return on investment.
By implementing dedicated asset tracking software, HME companies can establish an easy-to-use, highly efficient, and effective process for managing and maintaining equipment that maximizes the use and the useful life of their critical assets. Electronically tracking, sorting, and aggregating equipment data and producing reports enables HME companies to become more valuable partners to accountable care organizations (ACOs) that rely on electronic systems to knit together providers across the continuum of care.
TrackAbout will be performing quarterly scheduled maintenance starting at 12:00 AM Eastern Daylight Time (04:00 UTC) on Saturday, July 7th, 2012.
We are installing operating system and database patches and updates.
Due to the redundancies built into our services, we don’t expect much in the way of service interruption. There may be very brief periods of temporary unavailability.
Chief Technology Officer