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Industry Focus: Healthcare & Life Sciences

Greater customer expectations, stringent regulatory compliance, and industry consolidation are just a few of the forces driving Life Sciences and Healthcare organizations to focus on reducing risk, increasing efficiencies, and improving profit margins — while maintaining quality of care.

Healthcare is a Difficult Industry, Let us Make it Easier

Providing medical equipment that is always ready and on call — reducing risk, increasing efficiencies, and improving profit margins while maintaining quality of care — is the hallmark of successful Maximo implementation for healthcare.

Using the full suite of Maximo for Life Sciences (including Calibration), Maximo ensures that each piece of equipment is ready to do its part not only for healthcare, but for life sciences.

Interloc understands this and provides a Maximo solution that optimizes reporting for compliance procedures, business processes, and documentation to meet industry standards and requirements -- including FDA 21 CFR Part 11. This Maximo for Life Sciences and Calibration infrastructure allows you to stay on top of your assets, manage risk, and create work orders while maintaining service level agreements for patient safety and ensuring organizational efficiency.


Supporting Patient-Centric Care with Integrated Asset and Service Management

Healthcare delivery dynamics are driving organizations to seek innovative approaches to high-quality patient care for improved clinical outcomes and lower costs. Healthcare professionals must manage the proliferation and complexity of medical technologies needed to provide the highest quality of healthcare, all while ensuring compliance with all applicable regulatory requirements.

IASFM platforms enable healthcare organizations around the world to lower the cost of healthcare from the inside out.


Interloc’s Experts in Healthcare & Life Science Asset Management can Help you Focus Time and Resources on what Matters Most—your Patients

From driving standardization to vendor and contract management, proper asset management can give your business its highest ROI while improving patient care.

Redirecting operational savings to improve patient care

Leading Healthcare providers are using IASFM systems to provide visibility across departments and sites. Pooling assets and resources across the organization allows them to leverage economies of scale, lowering capital and operational expenses, and redirecting the savings to patient care.

Driving equipment standardization

According to the World Health Organization, there is significant value in developing a standardized methodology for the evaluation of medical devices, as Standardization is key in reducing service costs and providing staff with the ability to deliver safer and better care to the patients.

Reducing cost through operational effectiveness

The use of IBM Maximo Asset Management software allows hospital administrators to keep track of all that is related to their assets, PM’s, software revisions, upgrades, service repairs, rentals, loaners, etc., and enables them to be better prepared to detect faulty equipment and determine costs for maintenance and repairs. Get more for less with Maximo high-quality service.

Improving vendor management / contract management

The ability to manage vendors and maintenance contracts is key to cost savings in the management of assets.

Maximo offers a Contracts module to support contracts management and simplify business processes. Maximo also allows for a list of properties to be determined and viewed upon contract creation, which provide information concerning values for maximum spending and maximum release amount, whether the contract is extendable, if there is any type of pay schedule, etc. 

This approach has enabled more efficient use of maintenance funds by:

Implementing  a self-insurance model for some asset classes; Centralizing service contract negotiations; Consolidating labor management in a single asset management system.

Increasing visibility across the entire organizations

Healthcare providers are seeking ways to attain real-time visibility from assets in real-time. Real-time location technologies can enable cost reductions by limiting equipment losses, increasing asset availability, and minimizing equipment purchases. IBM Maximo’s Real-Time Asset Locator for Healthcare delivers industry-specific information to improve asset management capabilities by tracking and monitoring asset location and status in real time. Additionally, patient and personnel tracking can be leveraged by organizations to deliver higher visibility into work-flow and patient-flow routines, which offer insight to enhanced business practices.

Supporting Tighter Regulatory Compliance Requirements

Through Preventive Maintenance (PM) Management, hospital administrators have a better understanding of service recalls and assets, resulting in not only meeting but occasionally exceeding regulatory expectations.

Shift from a compliance documentation approach to an operational excellence model. In this paradigm, compliance becomes the natural outcome of well-designed and executed processes; healthcare providers must focus on operational excellence without sacrificing regulatory compliance.

Healthcare & Life Sciences Companies
Trust Us with Their Maximo Success

"Experts at Interloc Solutions provided a Maximo implementation that enabled Lifespan hospitals in managing safety and quality performance of medical equipment cost effectively."

Shyue-Ling Chen
Director of Medical Engineering, LifeSpan


Interloc’s Healthcare & Life Sciences Clients Include:

  • Alcon
  • Alere
  • Grifols Biotherapeutics
  • LifeSpan

Learn More About how Maximo can Work for Healthcare & Life Sciences — Contact us Today

Getting in touch with us will improve your business tremendously. You can expect to hear from us shortly.