Released on = April 22, 2007, 8:09 am

Press Release Author = Herman Risk Management

Industry = Healthcare

Press Release Summary = Equipment Maintenance Insurance is an established financial
risk transfer mechanism whose benefits must be considered by the managers of
outpatient healthcare facilities.

Press Release Body = April 22, 2007, Rockville, MD - Herman Risk Management; a
brokerage specializing in Equipment Maintenance Insurance (EMI) is raising awareness
about Equipment Maintenance Insurance among outpatient imaging facilities business
leaders seeking to reduce long term service expenses. Long the domain of hospitals
strategic service approach, Equipment Maintenance Insurance is gaining notice by
outpatient imaging business managers as a powerful means to manage long term service
expenses.

EMI has been attractive to hospitals because of its' cost savings, reporting tools,
operational simplification and transparency to actual service costs. The reporting
tools, operational simplification and short term 15-20% savings, are all attractive
to the outpatient healthcare market. Dean Kaufman, Director of Healthcare Business
Development, notes that "as reduced reimbursement, accreditation demands and
increasingly stringent equipment standards squeeze revenues even the healthiest
outpatient centers need ways to reduce operating costs." "Center owner are finding
it is no longer sufficient to focus solely on revenue cycle management for added
revenues", Kaufman adds.

EMI should be part of any strategic plan to reduce long term operating expenses. As
with any service vehicle, service value, risk tolerance and cost effectiveness
should be considered when determining if a multi-year OEM service contract, EMI
policy or Time & Materials service are appropriate. Ultimately, a mix of all three
programs may be best. To learn more about Equipment Maintenance Insurance contact
Herman Risk Management at info@HermanRM.com or visit their website at
www.HermanRM.com and request a copy of their recent article "EMI: The Last Cost
Cutting Frontier."


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Web Site = http://www.hermanrm.com

Contact Details = Herman Risk Management
51 Monroe Street, Suite 402
Rockville, MD 20850
973-652-4046
dean@hermanrm.com