Optimized asset utilization with hospital asset tracking
Hospitals accumulate a lot of equipment over the years, imaging machines, beds, generators, IT hardware and most of them end up tracking it in a spreadsheet that’s out of date within a month. Someone moves a ventilator to another ward and forgets to log it. An asset hits the end of its depreciation schedule and nobody notices until the auditor asks.
Medinous’s Fixed Assets module keeps that information where your finance and biomedical teams can actually use it. When a capital item comes in through a goods receipt, it can be converted into a tracked asset in one step, instead of re-entering the same data in a separate register. From there, the system carries it through its full life depreciation, maintenance, transfers between departments, and eventual disposal or write-off.
Medinous’ Hospital Asset Management system allows all fixed-asset related activities to be tracked efficiently in a hospital.
Some features of the fixed assets module:
Frequently Asked Questions
What is a hospital fixed asset management system?
A hospital fixed asset management system helps healthcare organizations identify, track, maintain, and manage fixed assets throughout their lifecycle. Medinous supports activities including asset creation, depreciation, movement, revaluation, adjustment, and disposal.
How does Medinous help hospitals track fixed assets?
Medinous allows hospitals to track fixed-asset-related activities efficiently throughout the asset lifecycle. The system supports asset identification, movement, maintenance, revaluation, and disposal from a centralized workflow.
Can Medinous manage depreciation for hospital assets?
Yes. Medinous supports depreciation allocation booking for hospital assets and allows depreciation to be allocated across more than one cost center within the same month.
Does Medinous support asset transfer and disposal?
Yes. The Medinous Fixed Assets module provides options for transferring and disposing of assets. These functions help hospitals maintain records of changes in asset ownership, location, or status.
Can hospitals adjust or revalue assets in Medinous?
Yes. Medinous provides asset adjustment and revaluation options. These features allow authorized users to update asset records when changes in asset value or other relevant asset details need to be recorded.
Can capital items be converted into fixed assets in Medinous?
Yes. Medinous provides a one-click option to convert capital items received through a Goods Receipt Note (GRN) into fixed assets. This helps connect the receipt of capital items with fixed asset records.
What makes Medinous your best decision ever
- Robust product perfected over a couple of decades with extensive R&D and innovation
- Presence in 10+ countries
- Excellent customer support
- Long standing customers with decades of relationship
- Fully compliant with highly configurable Billing and Insurance Modules
