Today's healthcare facilities house thousands of stationary and mobile medical equipment costing millions of dollars. Yet, despite the volume of machines, most organizations find it challenging to implement a systematic approach to managing their inventory costing them significant losses every year on maintenance and leasing. Med device management suites are one way they could avoid such unwanted expenses, along with other long-term implications. These solutions are offered by professional services that can avoid inefficiency and errors with their expert assistance. Furthermore, they could also offer remedies for any unexpected problems. Risk factors Lack of device management leads to some disastrous and costly consequences. Predominantly, auditing could become quite challenging when there is no structured data implemented in the first place. Reports might contain errors making staff members spend hours on this process only to leave them with cycles missing. As ...