An average asset in a hospital remains unutilized for more than 50% of its lifespan. Identify how long your assets are being used and where, with real-time insights. Intelligently locate and manage hospital assets based on demand to maximize utilization and reduce unnecessary costs.
By: Borda Technology
Last Updated: August 21, 2025
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WorldwideHospital Asset Utilization - Borda Technology
An average asset in a hospital remains unutilized for more than 50% of its lifespan. Identify how long your assets are being used and where, with real-time insights. Intelligently locate and manage hospital assets based on demand to maximize utilization and reduce unnecessary costs.
Hospitals face a persistent challenge: critical medical equipment often goes underutilized while new assets continue to be rented or purchased. This inefficient asset management leads to unnecessary spending, increased operational costs, and critical equipment not being available where it’s most needed. Nurses and staff frequently spend up to 30% of their time searching for mobile assets—time that could be spent on patient care.
Borda Tech's Hospital Asset Utilization solution addresses these inefficiencies with real-time asset tracking and intelligent utilization analytics. This RTLS-enabled system automatically measures how often assets are used, where they are located, and how long they remain idle. By identifying underused equipment, administrators can reallocate resources to high-demand areas, avoiding costly overstocking and reducing reliance on external rentals.
Real-time location tracking transforms how staff interact with hospital equipment. Mobile assets—such as infusion pumps, wheelchairs, or defibrillators—can be located instantly through a centralized dashboard, minimizing search times and improving response to patient needs. The system helps ensure that medical assets are always in their designated zones by sending automated alerts when critical equipment moves out of predefined areas.
This enhanced visibility enables staff to respond quickly in emergency situations and maintain asset availability for urgent care. By turning previously idle or misplaced equipment into a usable resource, the hospital increases return on investment, enhances staff efficiency, and improves patient care delivery—all without increasing capital expenditure.
Increased Operational Efficiency
With real-time visibility into asset locations, hospitals can reduce search time by up to 30%. This frees up hundreds of hours each month for clinical staff, improving productivity and allowing more focus on patient care.
Enhanced Asset Utilization and Cost Savings
By identifying which assets are idle and which are overused, hospitals can reallocate resources, delay or avoid unnecessary rentals and purchases, and extend the lifecycle of existing equipment.
Improved Patient Safety and Care Quality
Automated alerts for misplaced critical equipment like defibrillators ensure that life-saving tools are always within reach, minimizing risk and improving the hospital’s ability to deliver timely care.
Borda Technology helps hospitals with their digital transformation and smart hospital journeys through global, award-winning IoT products. Borda transforms technology into operational awareness by using IoT data collected through sensors, without the need for human intervention, leading to better patient care, increased operational efficiency, enhanced safety, and advanced patient experience.