Renovo Solutions has launched Digital Detector Solutions, the first offering of its kind to provide a cost-effective alternative to traditional full service agreements for digital detector replacement coverage.
Digital detectors are wired or wireless portable imaging devices which allow hospitals, clinics, and outpatient facilities to bring convenient radiology services to the patient in their hospital or exam room, rather than moving the patient to the radiology department. While digital detectors allow for higher quality patient care, their portability puts these devices at greater risk of being dropped or damaged in transit with a replacement cost between $85,000 and $120,000.
“In this era of value-based care, every hospital radiology department is required to stay within budget,” said Renovo Solutions CEO Sandy Morford. “They have to fully insure for the risk of breakage or failure of digital detectors, as they do with their other specialized imaging equipment. With no comparable alternative, these service agreements are expensive and provide little flexibility in coverage options.”
Digital Detector Solutions manages risk to provide the equivalent service and coverage of a traditional full service plan at a fraction of the cost. The program is unique because it provides separate replacement coverage for digital detectors, which typically have a greater risk of damage and financial loss. By covering the digital detectors separately from other imaging equipment, the program more appropriately calculates and manages the risk, and by extension, the cost.
The cost savings realized through Digital Detector Solutions are substantial, with average cost reductions of 20 to 50 percent for digital detector coverage. Digital Detector Solutions provides manufacturer equivalency in terms of coverage, protection, and warranty.