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Hospital benefits with timely MRI upgrades at predictable cost

Best Practice
MRI NetForum Team Philips Healthcare • Netherlands

Madrid hospital saves cost and keeps MRI systems updated with flat 4-year Technology Maximizer budget

Professor Eliseo Vañó Galván, MD, Cardiovascular radiologist, Chairman of the CT & MR Department at HNSR Madrid and his colleagues have had a keen interest in keeping their three Philips MRI systems at the cutting edge. Regularly upgrading their hardware and software allows them to continually offer the most current diagnostic and operational capabilities.

 

“When we make an important investment such as the acquisition of a new MRI system, we want to make sure that it will continuously be updated,” Dr. Vañó says. “For us, the most important thing is the quality of the service we provide to patients and referrers. Having the latest technology certainly helps us to do so, but it was consistently a challenge to plan for annual upgrades and predict their costs.”

 

This difficulty in forecasting costs of periodic upgrades and newly released innovations for MRI makes precise budgeting and investment planning immensely difficult for the department and for the hospital. “This issue caused a lot of distress in the past,” he adds.

 

With the service program Technology Maximizer, Philips offered HNSR Madrid a way to avoid yearly budget hassles by providing predictability in upgrade costs over multiple years. This allows the department to maintain a leading position with a high level of performance capabilities, through timely upgrades of their MRI systems.
 
 

 

Read more about the experiences with Technology Maximizer at HNSR Madrid:

FieldStrength article : Always up-to-date MRI at predictable, reduced cost
 

Planning ahead with long-term, cost-efficient upgrade agreement

During the period 2015-2018, the yearly upgrade expenses for MRI systems fluctuated significantly in the CT & MR Department at HSNR Madrid, and upgrades could not be implemented every year.

 

Then in 2018, the department adopted Technology Maximizer for its three MRI systems as well as for its IntelliSpace clinical review and analysis portal. With Technology Maximizer, the budget for 2019-2022 calls for equal yearly expenditures (i.e., fee) for the contract period and more regular upgrades. The diagrams below compare total cost for all three MRI systems.

 

Note, also, that under the Technology Maximizer contract, the department will save more than 80,000 Euros compared to the previous four-year period.

       Costs in previous years                                   Costs with Technology Maximizer

 

Since entering into the Technology Maximizer service program, Dr. Vañó’s concerns about planning and budgeting for MRI upgrades have virtually evaporated.

 

“Clearly, the biggest advantage that Technology Maximizer brings us is cost efficiency and better predictability,” he says. “It allows us to continually stay up-to-date while saving costs. Instead of having to constantly plan for it, the budget for technological updates is now well defined for the next four years. All of the MR systems’ updates are included, which means we can potentially save money that we can use later on for reinvesting in new technology.” 
  

Reduction in accumulated cost with Technology Maximizer 

 

 

Read more about the experiences with Technology Maximizer at HNSR Madrid:

FieldStrength article : Always up-to-date MRI at predictable, reduced cost



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Best Practice
Achieva 1.5T, Ingenia 1.5T, Ingenia 3.0T
return on investment, Technology Maximizer, upgrades
 

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