Capital Planning Made Smarter
Since 2020, Arrēvo has continued to evolve to provide users flexibility and adaptability needed to advance their capital planning. This constant improvement has been guided by customers, expanding value-driven data and predictive analytics that results in reducing capital expenditures.
We have always been part of your world. Our development team has over 90 years of Healthcare and IT experience, much of it with providers and group purchasing organizations – we get you. We also understand that patient care is the mission and that each organization is unique in fulfilling that mission. We listen to your feedback and insights. Arrēvo is constantly improving and growing – it keeps getting better from here, thanks to you.
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Data
The foundation of Arrēvo is data. Data drives the analytics and the resulting value. The Inventory is the harvest of your data. It is there, like asset vital signs, waiting to be measured and monitored by Arrēvo to tell the story of the condition of your asset portfolio.
Estimated remaining useful life (ERUL) is a vital sign of an asset’s life. This metric drives so much value and is a building block for asset management and capital planning of medical equipment. With an understanding of lifecycle data, you turn purchasing into strategic capital planning, strengthening your asset portfolio’s health and enabling delivery of excellent patient care.
Estimated Remaining Useful Life
Asset Quality Index
The Asset Quality Index (AQI) was created by MERC to give healthcare facilities a “grade” or at-a-glance view of the quality of a portfolio in relation to their peers. AQI gives you a vision of where you are and the opportunity to prioritize future direction. Arrēvo applies this vital metric across the portfolio giving you multiple indications that enable you to baseline your current condition and optimize future actions.
The VIEW Calculator is a vision of founder Wade Byerly brought to life. On a flight shortly after 9/11, Wade had the idea of creating a platform that would identify the optimal time to sell a piece of medical equipment. Years of accumulated inventory and appraisal data as well as the fine tuning of the algorithms have brought this vision to life.
VIEW brings the first and only predictive analytics tool for equipment lifecycle and value. Plug in some demographic and financial data and the VIEW Calculator will give you a guide lined range of the optimal times to sell and replace equipment as well as how to avoid the frequently unseen losses due to “negative equity.”
VIEW Calculator
MERCato
The MERCato healthcare asset marketplace enables transactions of medical equipment during its lifecycle. The question in healthcare has been how to take currently deployed equipment, transfer/transact internally within a system, sell to another facility, sell in the secondary market, or donate to charity?
MERCato answers that question. Bringing together healthcare systems, Arrevo community users, vetted secondary market buyers, charities into one “marketplace” creates leverage and flexibility to liquidate equipment for providers. MERCato is a single, centralized location to recover a portion of your previous capital investments.
