GE Healthcare, a unit of General Electric Company (NYSE: GE), has launched Laboratory Asset Management Assessment (LAMA), a consultative service for optimized laboratory asset management.

LAMA evaluates a service program by obtaining information about current expenditures, asset inventory and quality of service; it identifies inefficiencies, cost and resource redundancy as well as missing information and data. LAMA compares the current program with industry benchmarks and best practices, and provides an unbiased and data driven analysis to achieve optimal results.

LAMA is a disciplined process designed to create an actionable assessment by:

Analyzing and understanding the current service model, including scope, access to information and processes

Performing stakeholder analysis to understand the perception of key individuals who rely on the service model

Performing an inventory and tagging all assets within the scope of the project

Comparing the customer program with industry benchmarks and best practices

Presenting the final output report to a client-steering committee to review recommendations and observations

“We apply our knowledge from 15 years’ experience in multi-vendor healthcare service provision to all our programs,” says Mike Benevento, GM, GE Healthcare Life Sciences Services. “LAMA is the first step in the journey to optimize their service model. Companies want to manage risk and drive change backed by data. This is why LAMA is the right solution”

LAMA has been successfully piloted with two large biopharmaceutical companies. In both cases, the program received excellent feedback and proved an invaluable exercise for those involved. The findings reports enabled each company to articulate the business case for how best to optimize its current service model.

LAMA is part of GE Healthcare’s Scientific Asset Services (SAS), offering support throughout the lifecycle of all assets from pre-purchase planning and financing through installation and moves to disposal. Proprietary tools capture this vital data, enabling information-driven decisions for asset management to be made. The cost for a LAMA assessment will be refunded if a customer commits to an asset management program from GE Healthcare within 6 months of the assessment.

For more information please visit: www.gelifesciences.com/sas