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It’s one of our most asked questions, and it has many answers.
However, one of the most important benefits your facility receives when choosing reliable backup power are the immense cost savings provided when contrasted with the heavy losses that can be sustained in an emergency power outage situation.
Thus, in order to continue providing excellent care for the community in the long-term, effective risk-management and loss prevention are essential to maintaining the optimal health of the facility both financially. With backup power your facility gains the ability to continually operate in a safe manner— both by being able to bring any patient’s being operated on to a stable state and to ensure any medicines, vaccines and other pharmaceuticals do not experience any temperature excursions and remain safe to use in the future and do not lose their efficacy.
The simplest and easiest way to illustrate the value provided by battery backup power is a tried-and-true cost/benefit analysis. For facilities like:
A battery backup system provides instant power to the appliances storing high value inventory like:
According to the CDC —as of March 2022—single dose of a common vaccine such as HPV-9 (trade name Gardasil®), costs over $250 per dose—$253.60 to be exact. A small 5 ft3 medical-grade vaccine refrigerator can be estimated to hold approximately 100-400 doses at a time. Therefore, the potential loss exposure in case of an outage where backup power either fails or does not exist could result in anywhere from $25,000 to over $100,000 worth of damage—far more expensive than the backup system needed to power that appliance.
However, experiencing a worst-case scenario or total loss is not necessary to recoup the value of a battery backup system. Because they continue to keep your appliances running as normal, valuable time and resources won’t need to be diverted away from patients and their families so while administrators purchase temporary coolers and ice, nurses log inventory and move vaccines into coolers, put everything back later, and facilities managers test appliances to make sure they’re fully operational when the power does return—a timeframe that can never be certain.
The opportunity cost of this manpower presents an opportunity to improve patient experience by maintaining order at the most crucial times—taking critical responsibilities off the plate of the team members who can now be deployed more efficiently throughout the facility.
When deciding on backup power solutions for surgery centers, the stakes are even higher. Ensuring the safety of your patients, who trust you to take care of them, is of the utmost ethical importance—the cost of failure could be dire and leave you with serious legal consequences.
According to the Journal of the American Medical Association (JAMA), the average payout of a medical malpractice claim is $329,565. However, depending on the field of specialty the costs can greatly exceed that number such as:
Additionally, other specialty fields are more likely to face judgements in excess of one million dollars—also known as catastrophic claims—with JAMA reporting these field to be the ones where this occurs most frequently as a percentage of total claims:
Costing much less than one million dollars, battery backup can provide ease of use and reliability, while also delivering instant power to your most critical surgical equipment providing immense value— especially a custom-made MediProducts’ battery backup units which offer the kind of unmatched peace of mind that you cannot put a price on when running a successful and busy medical operation.