Clinical Engineering Financial Management and Benchmarking: Essential tools to manage finances and remain competitive for clinical engineering/healthcare technology management professionals

Wang ScD, Binseng

ISBN 10: 1724163345 / ISBN 13: 9781724163349

Published by Independently published, 2018

About this Item

Seller Inventory # BSM.15IRA

Bibliographic Details

• Title: Clinical Engineering Financial Management and Benchmarking: Essential tools to manage finances and remain competitive for clinical engineering/healthcare technology management professionals
• Publisher: Independently published
• Publication Date: 2018
• Language: English
• ISBN 10: 1724163345
• ISBN 13: 9781724163349
• Binding: Soft cover
• Condition: very_good

About this title

Synopsis

This book provides the fundamental concepts and tools needed by Clinical Engineering (CE), also known as Health Technology Management (HTM), managers to properly manage their financial resources, as well as to prove to their senior leaders that they are comparing (benchmarking) well against their peers. After introducing basic accounting concepts and tools using a case study based on real data, different methods for financing the CE/HTM department are explored. Next, opportunities for improving financial performance are explained through analyses of budget, costs and productivity. After a critical review of various benchmarks available, proper ways to use them to evaluate performance and seek improvements opportunities are demonstrated, enabling CE/HTM managers to secure recognition and support from their senior leaders, as well as defend their departments against consultants and outsourcing companies.

About the Author

Binseng Wang is Principal Consultant with BSI, a health technology consulting company based in Cornelius, NC - USA.  He also serves as Director, Quality & Regulatory Affairs for Greenwood Marketing, LLC, a manufacturer of unique medical devices and consumer products such as braces, splints and medical pillows and mattresses.

     Previously, Dr. Wang was Vice President, Quality & Regulatory Affairs, for Sundance Enterprises, Inc., a leader of pressure ulcer prevention and therapy devices; Vice President, Quality and Regulatory Compliance, for Aramark Healthcare Technologies, an independent medical equipment management company; Vice President, Quality Assurance and Regulatory Affairs, for MEDIQ/PRN Life Support Services, a medical equipment rental company; Visiting Scientist at the National Institutes of Health; Secretary of Health's Special Advisor on Medical Equipment in Sao Paulo state, Brazil.  Dr. Wang was also an Adjunct Professor at the Milwaukee School of Engineering and Associate Professor at the State University of Campinas, Brazil.

     Dr. Wang is a fellow of the American College of Clinical Engineering (ACCE) and American Institute of Medical & Biological Engineering (AIMBE), and a member of Health Technology Technical Advisory Group of the World Health Organization (WHO).  He is also a member of the Underwriters' Laboratory's Standards Technical Panel 60601-1.  He received the 2010 AAMI Clinical/Biomedical Engineering Achievement Award and the 2015 ACCE Lifetime Achievement Award, and was inducted to the Clinical Engineering Hall of Fame by ACCE in 2017.

     He earned a Doctor of Science (ScD) degree from the Massachusetts Institute of Technology (MIT) and is Certified Clinical Engineer (CCE).