Savings
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Hearing Screening Associates will bring all items needed to perform the screenings. As a result, you will no longer have to purchase supplies, disposable ear tips or ear cups. Depending on your equipment this can be a savings of $10-12 for each baby tested. Savings on supplies / disposables example: 2,000 births per year at $10.00 per baby: $ 20.000 each year |
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Hearing Screening Associates will provide all testing equipment. As a result, your department and hospital will no longer need to make capital investments in hardware. You will typically have one device in your Well Baby Nursery and another in the NICU. Depending on your equipment, this can be an investment of $20,000 – $25,000 per unit. Savings on capital equipment investment with two sets of equipment example: $40,000 investment depreciated over 5 years: $ 8.000 each year |
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Hearing Screening Associates will ensure that all testing equipment is kept up-to-date and complies with all regulations. Among other things, this includes the need to have yearly calibrations completed. Depending on your equipment, the calibration may cost your hospital $400-600 each year per piece of equipment: Savings on yearly calibration costs with two sets of equipment example: $400 per equipment unit: $ 800 each year |
Adding together items 1, 2 and 3 above, you will see savings for your hospital can account for almost $30,000 each year when leaving the entire screening job to Hearing Screening Associates.