Enterprise Asset Management

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Enterprise asset management (EAM) means the monitoring of the physical assets of an organisation to avoid a loss of profits due to break downs. Tracking covers such things as plant, equipment and facilities. "Enterprise" refers to the management of the assets across departments, locations, facilities and, in some cases, business units. By managing assets across the facility, organizations can improve utilization, reduce capital costs, reduce asset-related operating costs and subsequently improve ROA (return on assets).

[edit] Heathcare Enterprise Asset Management

Heathcare Enterprise Asset Management [{HEAM}] is the application of EAM to healthcare, which presents complexities not found in most other industries. Specifically, healthcare environments have a large number of relatively small, mobile, expensive and sophisticated pieces of equipment. Further, the availability, maintenance and cleanliness of these assets directly impacts the "environment of care" and patient safety, as well as the botton line. Finally, hospitals are highly regulated and assets must be maintained in a manner that complies with JHACO and FDA requirements. HEAM can include the following components related to assets:

Inventory and depreciation
Scheduling of repair and maintenance
Location and logistics (RFID or barcode powered)
Availability and utilization
Safety monitoring and incident tracking
Total Lifecycle Cost
Performance management
Capital planning support

HEAM provides complete visibility of the asset base across the health system, enabling active control of the planning, acquisition, tracking, maintenance and retirement of capital assets.