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NPMA Hospitals and Medical Facilities Special Interest Group.

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Presentation on theme: "NPMA Hospitals and Medical Facilities Special Interest Group."— Presentation transcript:

1 NPMA Hospitals and Medical Facilities Special Interest Group

2 Agenda TopicTimeFacilitator 1. SIG Overview5 min.Marsha Campbell 2. Working Groups/Potential Topics 5 min.Norman Pugh-Newby 3. Medical Equipment Useful Lives 10 minGary Quinn 4. Baseline Asset Inventory – The Power of Data 10 min.Paul Chaben 5. Call for Additional Topics5 min.All 6. Working Session15 min.All 7. Working Session Reporting5min.Norman Pugh-Newby 8. Closeout5 min.Marsha Campbell

3 Overview SIG initiated at the 2013 National Education Seminar Developed to assist the NPMA membership to: – enhance their knowledge specific to medical property – provide a leadership role in medical property management initiatives – provide research and guidance in medical property management issues – support the creation of standards and leading practices applicable to medical property management – become a venue for discussion and networking for medical property management Leadership Structure – Chairperson – Vice Chair – Work Group Coordinator – Secretary

4 Overview (Cont.) http://npma-sig.ning.com/groups/group/show?groupUrl=hospitals-medical-facilities- sig&xg_source=activity

5 Working Groups/Potential Topics Working groups will be formed to focus on activities identified in the purpose of the SIG Leaders of work groups will liaise with the Work Group Coordinator to ensure that efforts are coordinated, standardized and in scope Potential topics: – Healthcare regulations – Selling Surplus Equipment – Facility Moves

6 Useful Life for Medical Equipment Gary Quinn, CPPM

7 What is unique about the useful life on medical equipment? Shouldn’t equipment being used in a medical environment have the same useful life as other equipment with the same classification?

8 Why do we care about Useful Life? It drives depreciation of an asset It is required in order to determine Net Book Value (NBV) It needs to be consistent for like assets The life usage convention you are using must be supportable

9 Useful Life Conventions National Stock Numbers (NSN) United Nations Standard Products and Services Code (UNSPSC) National Institute of Government Procurement (NIGP) American Hospital Association (AHA)

10 What to use for Medical Equipment American Hospital Association (AHA) guidelines Medicare requires any medical facility being reimbursed to depreciate assets based upon the AHA guidelines

11 Useful Life Consistency Use American Hospital Association (AHA) guidelines for all medical related equipment classifications Use other convention if applicable for non-medical related equipment classifications

12 Baseline Asset Inventory – The Power of Data Paul Chaben

13 The Data Warehousing Institute (“TDWI”) estimates that poor quality customer data costs U. S. businesses $611 billion a year in operating expenses and overhead. The most serious problems of all occur when poor quality data is used to report corporate financials or to make strategic business planning decisions.

14 Healthcare organizations that deliver: “value”  high quality at lower cost will have consistent and long-term success that is reflected by metrics measuring operational performance and capital utilization.

15 Pain Points Vague and Generic Data Grouped Assets Lack of Unique Identifiers Ghost Assets Poor linkage between biomed and financial records

16 Power of Data Creating Foundation Required for EAM Point-in-Time Savings Bridge the gap with financial accounting systems

17 Call for Additional Topics What are the leading healthcare property management topics currently affecting you? Are there new or future regulations that will have an impact on healthcare property management? What processes can be improved to help you more effectively accomplish your job duties?

18 Working Session Break into working groups and discuss the specified topic

19 Working Session Reporting What were the main points brought up in your discussion? How can your Working Group address the identified issues? What are the next steps for continuing the dialogue and presenting results to the SIG?

20 Closeout Accomplishments Timelines for meetings Next Steps Questions


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