Hospital Asset Management

Find Fast. Streamline Operations. Empower Teams.

Industry Challenges

$4K

Average U.S. hospitals lose up to $4K per bed annually due to misplaced, missing, or under-utilized equipment.

$11M

One medical center reported nearly 400 missing items over 4 years, totaling $11M in losses.

Asset Management is so much more than simply finding assets. Learn more about how to lower your costs, boost efficiency, and elevate patient care.

Key Benefits

The Unit Readiness feature gives managers a real-time view into whether their units and patient rooms are fully equipped for safe, uninterrupted care. By bringing together live asset visibility, room-level requirements, and asset governance, it shifts workflows from reactive problem-solving to proactive shift readiness. With just a glance, managers can verify whether equipment thresholds are met, identify under-equipped rooms, locate missing or misplaced assets, and monitor equipment status (borrowed, lost, under maintenance, etc.). This level of visibility reduces last minute scrambling and improves overall equipment accountability. It gives care teams confidence that every room is ready before patients arrive.

The Asset Utilization feature adds another layer of intelligence by revealing how equipment is used across the health system. By surfacing patterns in both high-demand and underutilized assets, it helps teams fine-tune inventory levels, avoid unnecessary purchases, and get more value out of existing resources. Insight into peak usage periods also support more strategic rental decisions. With a clearer picture of demand and availability, teams can trust that the right equipment is in the right place at the right time, without excess cost or waste.

The Find Assets feature makes it easy for staff to quickly locate the equipment they need, reducing time spent searching and minimizing workflow disruptions. With intuitive search functionality, users can identify the closest available assets, even if they are outside their unit, eliminating the need to search room by room or rely on word of mouth. By removing friction from the process of finding and accessing equipment, this feature helps keep teams moving efficiently and remain focused on patient care.

The Preventive Maintenance feature helps teams manage equipment service more efficiently and proactively. With clear visibility into which assets are due for maintenance, teams can quickly prioritize and coordinate service activities without unnecessary delays. The feature provides structured reporting to track maintenance status and provides access to service schedules and asset history. This level of transparency supports better planning, improves compliance, and helps keep equipment safe, functional, and ready for use.

How It Works

EASY INSTALLATION

System utilizes location hub network plugged into power outlets for locating assets, and does not rely on hospital WiFi infrastructure for locating.

LOW-MAINTENANCE

Fully managed service alleviates any heavy lifting by the hospital for maintaining system performance and ensuring adoption, utilization and results.

DURABLE

Minimum two year asset tag battery life without the need to replace individual batteries.

swipesense hospital asset management

See SwipeSense Asset Management in Action