Indian Health Care Industry is rising in gigantic pace. Analysts expect it to grow to $280 billion dollars by 2020 at an annual growth rate of (CAGR) 22.9%. Hospitals are striving hard to meet this great demand. Providing quality services at minimal cost is their primary motto.
As per research –
• Nursing Times states, on an average nurse, spend one hour daily in search of clinical devices.
• 20% of nurses give up their search, just because they could not find the devices. It leads to the unwanted procurement. It increases Ghost Assets and Unwanted purchases.
• Theft or damage of Clinical Devices and assets is another major issue. It causes an extravagant loss. For a hospital with 200 beds, the loss spikes to 600 thousand.