Covaris Pty Ltd’s Dr. S. Safi presents Covaris’ approach to asset management in healthcare facilities, focusing on accurate lifecycle cost forecasting and robust compliance with statutory maintenance obligations.
This study introduces a bottom-up Asset Lifecycle and Maintenance Cost Model, leveraging detailed asset registers to forecast preventive and corrective maintenance, asset replacement, refurbishment, and remediation of chronic issues. The model ensures visibility from statutes to maintenance job plans, helping facility managers maintain compliance across diverse asset portfolios.
Key highlights:
- 25-year cost modelling for healthcare assets
- Integration of statutory compliance into maintenance planning
- Forecasting of capital and recurrent costs for Asset Management Plans
- Real-world benchmarking data and cost estimates for sample hospitals
The model empowers healthcare facilities to plan smarter, budget more effectively, and maintain safer environments for patients and staff.