Quality Medical takes total control
LARGO, Fla. – Quality Medical has rolled out a suite of programs called “Total Equipment Control (TEC)” that allows HME providers to outsource supply chain, warehousing, transportation, financing, engineering, and repair and service.
The central element to TEC is a cloud-based inventory management application solution that’s integrated with warehousing, transportation and third-party preventative maintenance and repair services.
“Quality Medical’s new high-value asset management service helps HME companies streamline operations and reduce costs, while improving equipment availability for patient,” said Jim Worrell, senior vice president of corporate development. “Recent reductions in reimbursement rates necessitate efficiency improvements and a focus on improving core activities, while outsourcing all non-core functions.”
Quality Medical offers providers a low monthly fee to cover all preventative maintenance and repairs over a 24-month period. To boost a provider’s cash flow, the company also offers to buy its high-value assets and rent them back to the provider.
Quality Medical has been in business since 2003, serving as a national service center for respiratory equipment from companies like Philips Respironics, ResMed and Breas, but it has been under new ownership since last September. Its primary service center is in Largo, Fla., and it plans to open a second facility in North Georgia before the end of the year.