How asset relifing can (painlessly) boost your bottom line
How long can you expect a hospital bed to last? What about that recently purchased centrifuge or aging asphalt parking lot? Asset lifing seeks to answer these questions and provide hospitals and health systems millions of dollars in annually recurring benefit to their bottom line. Tim Baker recently sat alongside client SCL Health to explain how they worked together to realize over $50 million in annual depreciation reductions through asset lifing, which translated into a stronger balance sheet and income statement.