Events Calendar

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18th Annual Conference on Urology and Nephrological Disorders
2019-11-25 - 2019-11-26    
All Day
ABOUT 18TH ANNUAL CONFERENCE ON UROLOGY AND NEPHROLOGICAL DISORDERS Urology 2019 is an integration of the science, theory and clinical knowledge for the purpose of [...]
2nd World Heart Rhythm Conference
2019-11-25 - 2019-11-26    
All Day
ABOUT 2ND WORLD HEART RHYTHM CONFERENCE 2nd World Heart Rhythm Conference is among the World’s driving Scientific Conference to unite worldwide recognized scholastics in the [...]
Digital Health Forum 2019
ABOUT DIGITAL HEALTH FORUM 2019 Join us on 26-27 November in Berlin to discuss the power of AI and ML for healthcare, healthcare transformation by [...]
2nd Global Nursing Conference & Expo
ABOUT 2ND GLOBAL NURSING CONFERENCE & EXPO Events Ocean extends an enthusiastic and sincere welcome to the 2nd GLOBAL NURSING CONFERENCE & EXPO ’19. The [...]
International Conference on Obesity and Diet Imbalance 2019
2019-11-28 - 2019-11-29    
All Day
ABOUT INTERNATIONAL CONFERENCE ON OBESITY AND DIET IMBALANCE 2019 Obesity Diet 2019 is a worldwide stage to examine and find out concerning Weight Management, Childhood [...]
40th SICOT Orthopaedic World Congresses
2019-12-04 - 2019-12-07    
All Day
With doctors attending from all over the world, it is fitting that this is taking place here, in a region that has served as a [...]
17th World Congress on Pediatrics and Neonatology
2019-12-04 - 2019-12-05    
All Day
Pediatrics 2019 welcomes attendees, presenters, and exhibitors from all over the world to Dubai. We are delighted to invite you all to attend and register [...]
6th Annual Gulf Obesity Surgery Society Meeting (GOSS)
2019-12-05 - 2019-12-07    
All Day
The Gulf Obesity Surgery Society is proud to announce the 6th Annual Gulf Obesity Surgery Society Meeting (GOSS) to be hosted by the Emirates Society [...]
AES 2019 Annual Meeting
2019-12-06 - 2019-12-10    
All Day
ABOUT AES 2019 ANNUAL MEETING As the largest gathering on epilepsy in the world, the American Epilepsy Society’s Annual Meeting is the event for epilepsy [...]
Manhattan Primary Care (Upper East Side Manhattan)
2019-12-07    
All Day
ABOUT MANHATTAN PRIMARY CARE (UPPER EAST SIDE MANHATTAN) Manhattan Primary Care is a dynamic internal medicine practice delivering high quality individualized primary care in Manhattan. [...]
Healthcare Facilities Design Summit 2019
2019-12-08 - 2019-12-10    
All Day
ABOUT HEALTHCARE FACILITIES DESIGN SUMMIT 2019 Healthcare design has transformed over the years and Opal Group’s Healthcare Facilities Design Summit is addressing pertinent issues in [...]
09 Dec
2019-12-09 - 2019-12-10    
All Day
ABOUT WORLD EYE AND VISION CONGRESS The World Eye and Vision Congress which brings together a unique and international mix of large and medium pharmaceutical, [...]
The 2nd Saudi International Pharma Expo 2019
2019-12-10 - 2019-12-13    
All Day
SAUDI INTERNATIONAL PHARMA EXPO 2019 offers you an EXCELLENT opportunity to expand your business in Saudi Arabia and international pharma industry : Join the industry [...]
Emirates Society of Emergency Medicine Conference 2019
2019-12-11 - 2019-12-14    
All Day
ABOUT EMIRATES SOCIETY OF EMERGENCY MEDICINE CONFERENCE 2019 Organized by the Emirates Society of Emergency Medicine (ESEM), the 6th edition of the conference has become [...]
Advances in Nutritional Science, Healthcare and Aging
2019-12-12 - 2019-12-14    
All Day
ABOUT ADVANCES IN NUTRITIONAL SCIENCE, HEALTHCARE AND AGING Good nutrition is critical to overall health from disease prevention to reaching your fitness goals. High quality, [...]
27th Annual World Congress
2019-12-13 - 2019-12-15    
All Day
Join us from December 13-15 for our 27th Annual World Congress in Las Vegas, marking over a quarter of a century since A4M began its [...]
International Forum on Advancements in Healthcare IFAH Dubai 2019
2019-12-16 - 2019-12-18    
All Day
International Forum on Advancements in Healthcare - IFAH (formerly Smart Health Conference) USA, will bring together 1000+ healthcare professionals from across the world on a [...]
2nd International Conference on Advanced Dentistry and Oral Health
2019-12-28 - 2019-12-30    
All Day
ABOUT 2ND INTERNATIONAL CONFERENCE ON ADVANCED DENTISTRY AND ORAL HEALTH We are pleased to invite you to the 2nd International Conference on Advanced Dentistry and [...]
5th International Conference On Recent Advances In Medical Science ICRAMS
2020-01-01 - 2020-01-02    
All Day
2020 IIER 775th International Conference on Recent Advances in Medical Science ICRAMS will be held in Dublin, Ireland during 1st - 2nd January, 2020 as [...]
01 Jan
2020-01-01 - 2020-01-02    
All Day
The Academics World 744th International Conference on Recent Advances in Medical and Health Sciences ICRAMHS aims to bring together leading academic scientists, researchers and research [...]
03 Jan
2020-01-03 - 2020-01-04    
All Day
Academicsera – 599th International Conference On Pharma and FoodICPAF will be held on 3rd-4th January, 2020 at Malacca , Malaysia. ICPAF is to bring together [...]
The IRES - 642nd International Conference On Food Microbiology And Food SafetyICFMFS
2020-01-03 - 2020-01-04    
All Day
The IRES - 642nd International Conference on Food Microbiology and Food SafetyICFMFS aimed at presenting current research being carried out in that area and scheduled [...]
World Congress On Medical Imaging And Clinical Research WCMICR-2020
2020-01-03 - 2020-01-04    
All Day
The WCMICR conference is an international forum for the presentation of technological advances and research results in the fields of Medical Imaging and Clinical Research. [...]
Events on 2019-11-26
Digital Health Forum 2019
26 Nov 19
Marinelli Rd Rockville
Events on 2019-11-28
Events on 2019-12-05
Events on 2019-12-06
AES 2019 Annual Meeting
6 Dec 19
Baltimore
Events on 2019-12-07
Events on 2019-12-08
Events on 2019-12-09
09 Dec
Events on 2019-12-10
Events on 2019-12-11
Events on 2019-12-12
Advances in Nutritional Science, Healthcare and Aging
12 Dec 19
Merivale St & Glenelg Street
Events on 2019-12-13
27th Annual World Congress
13 Dec 19
Las Vegas
Events on 2019-12-28
Articles

Managing the Finances of Implementing New Medical Technologies

managing finances
BIRMINGHAM, UNITED KINGDOM - JUNE 14: A doctor at The Queen Elizabeth Hospital Birmingham does his rounds on the wards on June 14, 2006 in Birmingham, England. Senior managers of the NHS have said that the organisation needs to become more open in the future. (Photo by Christopher Furlong/Getty Images)

When it comes to the medical field today, there is a lot of radical technology that is advancing the entire industry. However, the costs of this can be quite high. If it is your job to handle these costs and implement the technology, then you need the right game plan to manage it the right way. Here are various tips you can use to make sure you can stay profitable while putting the new tech into place:

SOPs

If there is any process that is done in your company more than once, then it should be automated. This is a great principle to keep in mind and try to uphold where you work. This has a number of advantages, but you might need some guidance on how to put it in place.

The first advantage that a standard operating procedure brings your company is speed. When everyone knows exactly how a certain task is to be accomplished, you cut out a lot of the confusion in the first place. This keeps people from making the same mistakes again and again. It also means they will be faster at their job.

When something is automated in SOP documents, it also means that you increase your chances of being in compliance with all the regulations you need to uphold. The last thing you want is a legal battle on your hands.

To create SOPs, it is actually quite simple. Sit down and write out each step of each process. This might take some time. It is the definition of simple, but not easy. However, it is more than worth your time.

Meetings

Meetings might not be fun, but they sure are effective. Make sure your team understands how you are going to install and use this technology. Get them going on it faster rather than waiting. Then, the training costs will go down.

Motivation

The medical field experiences a lot of change. One of the constants, however, is that you need to keep your people motivated. They might feel like their position is becoming harder or even going to be phased out with technology. Keeping them on the same page as everyone else is going to be crucial to implementing your new medical technologies as time goes on.

Training and Continuing Education

You may need to get special training. However, ideally, you will have been training your people all along. The more people you have on your staff that are trained with different specialties, the more you can bill and the less you have to work to accomplish the new implementation of the technology.

Outside Consulting

Whether you run a stem cell therapy center or general hospital, getting another view on the matter is always helpful. It can clear up things that seemed murky before. Hire a consultant to help make the installation go even smoother than you had hoped.

Negotiation and Bulk Ordering

Sometimes, the best strategy with new technology is not to be prudent. Instead of testing the waters with one order, you might be able to save a bundle by getting a lot of machines at one time. Make sure you love the solution first, then pull the trigger on a bigger order at a discount.

In today’s world, there is more medical technology than ever before. It is critical that you handle the implementation of it in the best way possible that minimizes costs. After all, costs are already soaring. Finding ways to reduce implementation expenses will help your medical company grow, no matter what kind of service you offer. Then, you have more profit to grow in the future without taking on as much risk