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Economic Time Impacts on HTMA
Fawzan F. AlEnizi1, Abdullah M. Almodayan2, Ahmed S. Negm3
1Fawzan F. AlEnizi, Director of Healthcare Technology Management Administration, King Fahad Medical City, Riyadh, Saudi Arabia.
2Abdullah M Almodayan, Healthcare Technology Management Engineer, King Fahad Medical City, Riyadh, Saudi Arabia.
3Ahmed S. Negm, Consultant, Saudi Consolidated Engineering Company Khatib & Alami, Healthcare Technology Management Administration, King Fahad Medical City, Riyadh, Saudi Arabia.
Manuscript received on 17 January 2023 | Revised Manuscript received on 23 January 2023 | Manuscript Accepted on 15 February 2023 | Manuscript published on 28 February 2023 | PP: 1-11 | Volume-9 Issue-6, February 2023 | Retrieval Number: 100.1/ijmh.F1571029623 | DOI: 10.35940/ijmh.F1571.029623

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© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: There are many stages in the medical device management lifecycle to consider, and from the planning stage to commissioning, dismantling and decommissioning, replacing an equipment is a critical decision. This phase includes several information that help replacement decisions intelligent. Technical, monetary and safety principles are taken into account when replacing medical equipment. One of the most frequently criterion is service life. In recent times, the delivery of a sustainable competitive advantage through the optimization of the management of non-essence activities is considered more relevant. A non-essence example is the Lifespan management of capital goods which are required in supporting the processes involved in healthcare operations ranging from acquiring assets to maximizing the operation, sustaining the performance and conclude the right time to get rid of it properly. The objective: is to identify if Total Cost Ownership (TCO) will give recommendations for decision-making even though it is capable of helping us identify the optimal economic life of the medical device. Overall, 40% of our specimens showed that monitoring TCO is essential to the continuous mapping of the cost of these devices on service.
Keywords: Economic Life Cycle, Replacing, Depreciation value, Economic Lifetime.
Scope of the Article: General Management