Inventory System LendMed Helps Hospitals Keep Track of Shared Equipment

By: Alyson Wyers - Sep 16, 2015
References: lendmed & springwise
This new inventory system could save hospitals quite a considerably sum of money. Designed specifically for medical institutions, LendMed helps hospitals and their departments with expensive equipment exchanges, resulting in savings of up to $1 million USD a year.

Given how expensive medical equipment is, many hospitals borrow from each other extensively. The LendMed inventory system allows them to keep track of all this sharing -- something no one else is doing in a centralized manner. The digital lending network can be accessed in a variety of ways, from smartphones to kiosks to portals. This allows establishments around the country to stay connected more easily. Inventory can cover everything from large machinery to the little things such as bandages and pharmaceuticals.

The data collected from the system can also be compiled into useful reports.