Benefits of Medical Equipment Asset Tracking

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Benefits of Medical Equipment Asset Tracking

Reallocate thousands of hours to patient care and save millions with our hospital equipment tracking and management solution. Penguin’s healthcare asset management solution includes a variety of purpose-built asset tags, CMMS integrations, and easy-to-use asset tracking software tools for comprehensive map and list views, robust reporting, and immediate alert notifications. Managed service options help to keep your asset tracking system at peak performance, while consulting engagements provide expert workflow design.

Asset Tracking – Problem

Don’t let the lack of visibility to your medical asset management hinder patient care and ruin financial performance. One-third of nurses report spending at least 1 hour during an average shift hunting for equipment. This can often lead to asset hoarding, which results in over procurement and increased expenditures. Without RTLS, biomed staff also spend the majority of their time searching for assets, instead of servicing them.

Asset Tracking – Solution

Penguin’s active BLE 5.1 asset tracking in hospitals offers a comprehensive solution. Having asset visibility is the first step in achieving an operationally efficient healthcare environment. Penguin offers fast and intuitive asset search, as well as the tools needed to automate equipment workflows such as PAR-level management, preventative maintenance management functions, and equipment distribution. Consulting and managed services programs are available to assist with maintenance activities as well as workflow design.

Our greatest benefit is the way we are using the tool to automate non-value-added tasks, like keeping real-time PAR values and having alerts sent when that PAR has been compromised. This level of automation in medical equipment tracking ensures that critical assets are available when needed, enhancing the overall efficiency of hospital operations.

Automate Your Asset Workflows and Deliver Quality Patient Care

Active BLE 5.1 asset tracking tags are placed on mobile hospital equipment to provide data on its location and status in real-time. Staff can access the hospital equipment tracking software to view where the asset is, while gaining peace of mind that assets will always be available when needed. Speed up preventative maintenance activities and asset compliance workflows to support the delivery of timely, patient-centered care.

Key Benefits of Medical Equipment Tracking

Cost Savings: Egress alerts reduce lost or stolen equipment while robust utilization analytics help to right size your equipment fleet. This results in significant cost savings by minimizing unnecessary purchases and maximizing the use of existing assets.

Caregiver Efficiency: When seconds count, caregivers can eliminate wasted steps and access critical equipment quickly with a simple asset search. This efficiency directly impacts the quality of patient care by ensuring that medical staff can focus on patient needs rather than searching for equipment.

Quality Patient Care: Reduce delays in patient care with PAR-level management to ensure critical equipment is available when and where it is needed most. Efficient medical equipment tracking ensures that patients receive timely and appropriate care.

Regulatory Compliance: CMMS integrations enable more efficient preventative maintenance activities and recall procedures to help ensure regulatory compliance. Keeping equipment in optimal condition and meeting regulatory standards is crucial for patient safety and hospital accreditation.


Asset tracking in hospitals, particularly through the use of advanced BLE 5.1 technology, offers numerous benefits that directly enhance both operational efficiency and patient care. Penguin’s solutions provide a reliable and effective means to track medical equipment, ensuring that hospitals can deliver high-quality care without the burden of asset management challenges. Schedule a demo to see what Penguin can save you and transform your healthcare environment with cutting-edge asset tracking technology.

By leveraging the power of Penguin’s medical equipment tracking solutions, hospitals can reallocate valuable time to patient care, save costs, and maintain a high standard of regulatory compliance, ultimately leading to improved patient outcomes and operational excellence.

The Importance of Equipment and Asset Tracking in Healthcare

In today’s fast-paced healthcare environment, efficient equipment and asset tracking is essential. With the right tracking systems and software, hospitals can reduce medical equipment shrinkage, improve utilization, eliminate over-procurement, and enhance clinical and biomedical staff efficiency. Implementing a comprehensive equipment tracking solution allows hospitals to reallocate thousands of hours to patient care and save millions of dollars.

Benefits of Using Tracking Systems and Software for Medical Assets

  • Increased visibility of medical equipment locations and statuses
  • Enhanced efficiency for clinical and biomed staff
  • Reduced equipment loss and theft
  • Improved utilization and cost savings
  • Streamlined maintenance and compliance workflows

Importance of Equipment Tracking in Various Industries

Equipment tracking is crucial across many industries, particularly in healthcare, where the timely availability of medical equipment can directly impact patient care quality. Tracking ensures that assets are utilized efficiently, maintained properly, and available when needed, reducing operational costs and improving overall efficiency.

Equipment Tracking Systems

Equipment tracking systems vary from simple barcode-based solutions to sophisticated RTLS that use RFID, GPS, BLE and Wi-Fi. These systems help in locating equipment quickly, managing inventory levels, and ensuring proper maintenance.

Advantages of Implementing Robust Tracking Systems

  • Increased operational efficiency
  • Reduced loss and theft
  • Better asset utilization
  • Streamlined maintenance processes

Equipment Tracker Tags

Tracking tags are small devices attached to equipment, allowing for real-time tracking and monitoring. They use technologies like RFID, BLE (Bluetooth Low Energy), and GPS to provide accurate location data.

There are various types of tracker tags, including:

  • Passive RFID tags for inventory management
  • Active RFID tags for real-time tracking
  • GPS tags for outdoor tracking
  • BLE tags for proximity tracking

Equipment Tracking Software

There are various types of equipment tracking software, each designed to meet specific needs. These include:

  • Basic inventory management systems
  • Advanced real-time location systems (RTLS)
  • Integrated CMMS (Computerized Maintenance Management Systems)
  • Specialized medical equipment management software
  • Key Features to Look for in Tracking Programs

When choosing equipment tracking software, consider features such as:

  • Real-time location tracking
  • Comprehensive reporting and analytics
  • User-friendly interfaces
  • Seamless integration with existing systems
  • Automated alerts and notifications

Asset Management in Healthcare

Asset management involves the systematic tracking, maintenance, and utilization of assets to ensure they are available, functional, and compliant. In healthcare, effective asset management is vital for delivering high-quality patient care and optimizing operational efficiency.

Best practices in asset management include:

  • Regular inventory audits
  • Preventative maintenance schedules
  • Utilizing advanced tracking technologies
  • Training staff on proper asset handling
  • Asset Monitoring and Tracking

Benefits of Asset Monitoring in Preventing Loss and Optimizing Usage

  • Reduced equipment loss and theft
  • Improved utilization rates
  • Enhanced maintenance efficiency
  • Better compliance with regulatory standards

Health and Biomedical Asset Management

Managing health and biomedical assets requires adherence to stringent regulatory standards and ensuring the availability of critical medical devices. Proper asset management enhances patient safety and operational efficiency.


Regulatory Considerations and Compliance

Compliance with regulations such as the FDA and ISO standards is essential in healthcare asset management. This ensures that all equipment is safe, effective, and properly maintained.

Case Studies of Successful Implementations in Hospitals

Many hospitals have successfully implemented medical equipment tracking systems, resulting in:

  • Significant cost savings
  • Eliminate equipment shrinkage
  • Reduced dependency on equipment rentals
  • Improved equipment utilization
  • Reduced equipment search times
  • Enhanced maintenance efficiency

Strategies for Effective Medical Asset Management

  • Implementing advanced tracking systems – such as RTLS
  • Regularly auditing and maintaining equipment
  • Training staff on proper usage and handling

Role of Software in Managing Medical Devices and Equipment

Medical device tracking software plays a crucial role by providing real-time data, automating maintenance schedules, and ensuring compliance with regulatory standards.

Medical Device Tracking Software

  • Key features of medical device tracking software include
  • Real-time location tracking
  • Automated maintenance alerts
  • Comprehensive reporting and analytics
  • User-friendly interface

Benefits of Using Specialized Software for Tracking Medical Devices

  • Reducing equipment loss
  • Enhancing maintenance efficiency
  • Ensuring regulatory compliance
  • Improving patient care quality

Tracking Technologies

Tracking tags use RFID, BLE, Infrared, Ultrasound, Ultra wideband and GPS technologies to provide real-time data on equipment location and status. They are essential for efficient asset management in healthcare.

Benefits of Using Tracking Tags for Equipment in Healthcare

  • Improved equipment visibility
  • Enhanced operational efficiency
  • Reduced loss and theft
  • Streamlined maintenance processes


Implementing comprehensive equipment and asset tracking systems in healthcare leads to significant benefits, including improved operational efficiency, reduced equipment loss, enhanced maintenance processes, and better patient care.

The future of medical equipment and asset tracking lies in advanced technologies and integrated systems that provide real-time data, automate workflows, and ensure compliance for safety protocols. By embracing these solutions, healthcare facilities can optimize their operations and focus on delivering quality patient care.