The Application of the Total Cost of Ownership Approach to Medical Equipment—Case Study in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21460%2F19%3A00321969" target="_blank" >RIV/68407700:21460/19:00321969 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1007/978-981-10-9023-3_65" target="_blank" >http://dx.doi.org/10.1007/978-981-10-9023-3_65</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/978-981-10-9023-3_65" target="_blank" >10.1007/978-981-10-9023-3_65</a>
Alternative languages
Result language
angličtina
Original language name
The Application of the Total Cost of Ownership Approach to Medical Equipment—Case Study in the Czech Republic
Original language description
Czech hospitals purchase the most expensive medical technology using public procurement process and they often make their purchasing decisions based on the lowest bid price. However, the management of hospital in most cases is unaware that the purchase price is only a minor part of the total cost of ownership of the equipment. This study intended to assess the nature of the Total Cost of Ownership (TCO) method in applications to medical equipment in the Czech Republic, and to carry out TCO analysis for selected medical equipment units. In order to evaluate the awareness and utilization of TCO in Czech hospitals, a quantitative research method (questionnaire) was used. The questions were addressed to the investment departments of the hospitals. To accomplish the research objectives, a TCO analysis for selected medical devices (X-ray machine, SPECT/CT and ultrasound scanner) was conducted. For each piece of equipment, four cost items were considered: acquisition cost; maintenance cost; operational cost and the cost of disposal. The results of questionnaire survey demonstrate that the TCO method was unknown to most of the respondents (67%) and the respondents usually make decisions based on the purchase price of medical equipment. All respondents who have already used the TCO method indicated that this method was useful to them. The results of the case study imply that the operating cost for the selected devices over five years are comparable to the purchase price. SPECT/CT scanner was the only one unit, where the acquisition cost was higher than the operational. In case of purchase of expensive medical technology, health care facilities often make decisions on the basis of the lowest bid price. According to the calculated TCO, this parameter is not the only important cost driver in the life cycle of medical equipment in hospital
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50602 - Public administration
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
World Congress on Medical Physics and Biomedical Engineering 2018 (Vol. 3)
ISBN
978-981-10-9022-6
ISSN
1680-0737
e-ISSN
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Number of pages
6
Pages from-to
361-366
Publisher name
Springer Nature Singapore Pte Ltd.
Place of publication
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Event location
Prague
Event date
Jun 3, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000449744300065