Tracks: CE/HTM, Concurrent Education Session
Following up on last year’s presentation which provided an introductory look at this concept, this session will update the audience with a recommended definition of “Total” Cost of Ownership. The presentation will also review the latest results of a recent survey conducted by HRA that reached out to Biomedical Engineers, OR Managers, and CFO/VAC (Value Analysis Committee) Members who have influence in the decision to purchase capital equipment. The Survey explores how important cost of ownership is and what are some of the criteria when defining cost of ownership.