“With increasing dependencies on sophisticated and expensive healthcare technologies, healthcare executives must make strategic and sustainable choices for acquiring and managing technology. Healthcare Technology Management (HTM) professionals are vital partners to help executives achieve this goal. Clinical engineers, biomedical equipment technicians, and other HTM professionals use their expertise to ensure around-the-clock safety, efficacy, and availability of life-saving technologies, while keeping healthcare costs down.”

Denova Medical, Inc. has adopted accepted methods of HTM into its refurbished medical equipment business model. Technological innovation and IT integration has caused an increased in the obsolescence rate of medical devices. During the last decade, the refurbished medical device industry could provide equipment for a fraction of the cost. However, increased expectations in the accepted quality of care due to rapid technological improvements has reduced the time-life-cycle of most medical devices. Many refurbished medical equipment companies will happily sell a refurbished machine at a low price knowing quite well that the cost of ownership would be a loss return on investment (ROI). The hidden long term losses are due to part, service and accessory obsolescence. Older parts can frequently become expensive because the part is no longer mass produced due to outdated manufacturing processes and lack of demand. The knowledge base to support and maintain these device is not practical because new technicians are not be trained in products that are no longer manufactured. Most medical devices typically have disposable or multiuse accessories that are no longer available or soon to be unavailable making the device useless.

Denova Medical, Inc. sales engineers have an education in medical devices plus receive extensive product knowledge training. They are knowledgeable in the strength and weakness both from a technology, features and maintenance perspective for all the equipment we sell and support. They are here to help you analyze the most cost effective options of new, used and reused equipment and will steer you away from devices with limited meaningful use and high long term costs.

Denova Medical, Inc. has the ability to manufacture aftermarket parts, perform part overhauls and cross reference parts. Many devices that may be obsolete by others can still be supported by Denova Medical due to management’s emphases and capital investment in our engineering capacity.