Events Calendar

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12:00 AM - Arab Health 2020
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Arab Health 2020
2020-01-27 - 2020-01-30    
All Day
ABOUT ARAB HEALTH 2020 Arab Health is an industry-defining platform where the healthcare industry meets to do business with new customers and develop relationships with [...]
12th International Conference on Acute Cardiac Care
2020-01-28 - 2020-01-29    
All Day
ABOUT 12TH INTERNATIONAL CONFERENCE ON ACUTE CARDIAC CARE Acute Cardiac Care has been undergoing a substantial transformation in recent years as the population ages and [...]
30 Jan
2020-01-30 - 2020-01-31    
All Day
The ICMHS conference is an international forum for the presentation of technological advances and research results in the fields of Medical and Health Sciences. The [...]
Annual Lower and Upper Canada Anesthesia Symposium 2020 (LUCAS)
2020-01-31 - 2020-02-02    
All Day
ABOUT ANNUAL LOWER & UPPER CANADA ANESTHESIA SYMPOSIUM 2020 (LUCAS) On behalf of the Departments of Anesthesia of McGill University, Queen’s University, and the University [...]
RF - 577th International Conference On Medical & Health Science - ICMHS 2020
2020-02-02 - 2020-02-03    
All Day
577th International Conference on Medical & Health Science - ICMHS 2020. It will be held during 2nd-3rd February, 2020 at Berlin , Germany. ICMHS 2020 [...]
ISER- 747th International Conference On Science, Health And Medicine ICSHM
2020-02-02 - 2020-02-03    
All Day
ISER- 747th International Conference on Science, Health and Medicine ICSHM is a prestigious event organized with a motivation to provide an excellent international platform for [...]
International Conference On Medical And Health SciencesICMHS-2020
2020-02-03 - 2020-02-04    
All Day
The ICMHS conference is an international forum for the presentation of technological advances and research results in the fields of Medical and Health Sciences. The [...]
Medlab Middle East 2020
2020-02-03 - 2020-02-06    
All Day
ABOUT MEDLAB MIDDLE EAST 2020 Medlab Middle East is the only medical laboratory industry event that offers manufacturers the opportunity to meet a diverse audience [...]
Cloud Architecture Implementation Healthcare 2020
2020-02-04 - 2020-02-06    
All Day
This summit brings together leaders from healthcare organizations to scale up their cloud infrastructure, implement cloud technology and share use cases about the success and [...]
4th Microbiome Movement - Drug Development Summit Europe 2020 - London, UK
2020-02-04 - 2020-02-06    
All Day
A unique forum focusing on pursuing disease causation to foster the creation of targeted Microbiome-based therapeutics, biomarkers and diagnostics. Time: 8:30 am - 5:50 pm [...]
Structural Heart Intervention And Imaging Feb 2020 CME Conference-San Diego
2020-02-05 - 2020-02-07    
All Day
The Scripps Structural Heart Intervention and Imaging conference features live case demonstrations, lectures from renowned faculty, hands-on workshops, and extensive satellite symposia. Time: 7:00 am [...]
Structural Heart Intervention And Imaging Feb 2020 CME Conference-San Diego
2020-02-05 - 2020-02-07    
All Day
The Scripps Structural Heart Intervention and Imaging conference features live case demonstrations, lectures from renowned faculty, hands-on workshops, and extensive satellite symposia. Time: 7:00 am [...]
18th Annual South Beach Symposium
2020-02-06 - 2020-02-09    
All Day
ABOUT 18TH ANNUAL SOUTH BEACH SYMPOSIUM The 18th Annual South Beach Symposium will take place in Miami Beach, Florida from February 6-9, 2020 at the [...]
Primary Care CME In Clearwater Beach, Florida February 2020
2020-02-08 - 2020-02-10    
All Day
Topics include latest hypertension guidelines, cancer screening, cholesterol management, immunizations, COPD, skin and soft tissue infections, etc. Time: 08:00 - 11:00
Primary Care CME In Clearwater Beach, Florida February 2020
2020-02-08 - 2020-02-10    
All Day
Topics include latest hypertension guidelines, cancer screening, cholesterol management, immunizations, COPD, skin and soft tissue infections, etc. Time: 08:00 - 11:00  
World Congress On Medical Imaging And Clinical Research WCMICR-2020
2020-02-09 - 2020-02-10    
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. [...]
Medical Design & Manufacturing (MD&M) West
2020-02-11 - 2020-02-13    
All Day
ABOUT MEDICAL DESIGN & MANUFACTURING (MD&M) WEST Medical Design & Manufacturing (MD&M) West is where serious professionals find the technologies, education, and connections to stay [...]
Third International Conference On Zika Virus And Aedes Related Infections
2020-02-13    
All Day
This Conference will bring together multidisciplinary experts aiming to tackle the challenges that Aedes related infections present including zika, dengue, yellow fever, and chikungunya. Time: [...]
The IRES - 791st International Conferences On Medical And Health Science ICMHS
2020-02-15 - 2020-02-16    
All Day
The IRES - 791st International Conferences on Medical and Health Science ICMHS aimed at presenting current research being carried out in that area and scheduled [...]
4th International Conference on Chronic Diseases
2020-02-17 - 2020-02-18    
All Day
ABOUT 4TH INTERNATIONAL CONFERENCE ON CHRONIC DISEASES It takes immense pleasure to invite you to attend the 4th International Conference on Chronic Diseases (Chronic Diseases [...]
European Gynecology and Obstetrics Congress
2020-02-17 - 2020-02-18    
All Day
ABOUT EUROPEAN GYNECOLOGY AND OBSTETRICS CONGRESS Gynecology 2020 destine to endeavor leading-edge memoranda of eminent keynote speakers, universal personalities, special sessions and poster presentations attracting [...]
18 Feb
2020-02-18 - 2020-02-20    
All Day
Technology Networks is a global online scientific publication that covers the latest research, industry news, and technologies. Our 12 online communities provide focused coverage of [...]
6th International Conference On Food And Beverages
2020-02-19 - 2020-02-20    
All Day
Meetings International Meetings Int. invites you to attend the ‘6th International Conference on Food and Beverages 2020” which is to be held on February 19-20, [...]
10th Global Summit on Neuroscience and Neuroimmunology
2020-02-19 - 2020-02-20    
All Day
ABOUT 10TH GLOBAL SUMMIT ON NEUROSCIENCE AND NEUROIMMUNOLOGY 10th Global Summit on Neuroscience and Neuroimmunology (Neuroimmunology 2020) is aimed at improving health across the globe, [...]
Mayo Clinic Nephrology And Transplantation For The Clinician 2020
2020-02-21 - 2020-02-22    
All Day
Nephrology and Transplantation for the Clinician: 18th Annual Update From Mayo Clinic is a two-day course designed to u-p-d-a-t-e participants on nephrology topics relevant to [...]
28th International Conference on Cancer Research and Pharmacology
2020-02-21 - 2020-02-22    
All Day
ABOUT 28TH INTERNATIONAL CONFERENCE ON CANCER RESEARCH AND PHARMACOLOGY PULSUS Conferences is glad to invite all the participants across the globe to attend 28th International [...]
Rocky Mountain Winter Conference On Emergency Medicine 2020
2020-02-22 - 2020-02-26    
All Day
Each day the conference starts with a hot breakfast followed by engaging, cutting edge didactics led by experts from the countrys top academic programs. Please [...]
CRT20 Conference
2020-02-22 - 2020-02-25    
All Day
ABOUT CRT20 CONFERENCE CRT, one of the world’s leading interventional cardiology conferences, is attended by more than 3,000 interventional and endovascular specialists. At the 2019 [...]
3rd International conference on  Diabetes, Hypertension and Metabolic Syndrome
2020-02-24 - 2020-02-25    
All Day
About Diabetes Meet 2020 Conference Series takes the immense Pleasure to invite participants from all over the world to attend the 3rdInternational conference on Diabetes, Hypertension and [...]
3rd International Conference on Cardiology and Heart Diseases
2020-02-24 - 2020-02-25    
All Day
ABOUT 3RD INTERNATIONAL CONFERENCE ON CARDIOLOGY AND HEART DISEASES The standard goal of Cardiology 2020 is to move the cardiology results and improvements and to [...]
Medical Device Development Expo OSAKA
2020-02-26 - 2020-02-28    
All Day
ABOUT MEDICAL DEVICE DEVELOPMENT EXPO OSAKA What is Medical Device Development Expo OSAKA (MEDIX OSAKA)? Gathers All Kinds of Technologies for Medical Device Development! This [...]
Events on 2020-01-27
Arab Health 2020
27 Jan 20
Dubai
Events on 2020-01-28
Events on 2020-01-30
Events on 2020-01-31
Events on 2020-02-03
Events on 2020-02-06
18th Annual South Beach Symposium
6 Feb 20
Miami Beach
Events on 2020-02-09
Events on 2020-02-11
Events on 2020-02-17
Events on 2020-02-18
18 Feb
Events on 2020-02-22
CRT20 Conference
22 Feb 20
National Harbor
Events on 2020-02-26
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