Generating Value in Public Health for Queensland
Challenges and opportunities for QLD Health Facilities
Ageing infrastructure, complex operating environments and shifting demographics, combined with constrained funding, all represent Asset Management and planning challenges for health administrators.
Optimising assets by minimising downtime increases performance and mitigates risk for healthcare workers and patients alike.
Making better use of assets by improving the strategic focus of asset management planning across state agencies was identified in the State Infrastructure Plan (SIP). The plan outlined that the state ‘will improve the use of Queensland’s public assets by rolling out Strategic Asset Management Plans’ (SAMPs).
The Queensland Government’s Agency Planning Requirements provides agencies with mandatory strategic and operational planning requirements, and from 1 July 2020 agencies will be required to report on SAMPs.
The QLD Government has recognised that the biggest challenges and opportunities for QLD Health include:
Changing demographics, an ageing population, smaller households and increasing levels of obesity, chronic disease and mental health issues
Responding to changing needs and community expectations with an ageing asset portfolio
Constrained fiscal environments and competition for funds
Technological innovation to improve and transform healthcare
Deliver an adaptive infrastructure that flexibly responds to changing service needs.
To get better insight and develop more effective strategies, many organisations are turning to Asset Intelligence. It combines data and technology to generate a clear view of assets, balancing cost, risk and performance to enable the prioritisation of investment.
Asset Intelligence
Asset Intelligence is the merging of data and technology to give you a clear line-of-sight for the life cycle of your assets, balancing condition and risk in an environment where funding is constrained. This is especially important to health care providers struggling for sufficient funding to suit their needs and minimise the cost of maintaining facilities. This enables the ability for each organisation to continue to provide adequate services to the community.
Using powerful predictive modelling, Asset Intelligence provides you with insight to forecast cost. and manage risks accurately, model scenarios and enable evidence-based decision making through lifecycle.
Asset Intelligence drives your facility’s asset strategy that is aligned with business drivers, ensuring a complete line-of-sight from executive management through to operational delivery. This information feeds directly into your AMP and your SAMP.
Delivering better outcomes through effective Asset Management
The AssetFuture Advantage
| Asset Management Policy Requirement | AssetFuture Capability |
|---|---|
| Asset Management and Maintenance Standard: Annual creation of a Strategic Asset Management Plan and an Asset Management and Maintenance Plan each year. | AssetFuture’s Asset Intelligence outputs are used for AMPs and SAMPs by its customers. Asset Register is a core part of the integrity of the platform. We use comprehensive hierarchy and best practice adhering to ISO55001 Standards. |
| Maintenance and Management Framework (MMF): Underpinning all activity, is a whole-of-life costing approach, cost, risk and performance are measured and reported. Using accurate and frequent condition ratings, criticality and risk measurements, allocation of maintenance budgets can be made. | Using scenario-planning, and based on your maintenance strategy, you can measure and report on cost, risk and performance, including Facilities Condition Index for part or all of your portfolio. Minimise unplanned maintenance through preventative maintenance scheduling. Generate cost projections for your maintenance strategy 5 or 10+ years into the future. Live asset condition degradation models enable frequent condition ratings. Proprietary methodology for risk profiling for a given funding level: ACCRI – Asset Condition, Criticality and Risk Index |
| Backlog Maintenance Management Standard: Identification, management and risk analysis of backlog for fit-for-purpose and risk mitigation. Use of CMMS for works maintenance. | Our unique approach derives a true reflection of your backlog as it considers your organisational drivers, current and desired asset conditions levels, utilisation and asset criticality. Data Integration into CMMS systems. |
| Policy Compliance & Disclosures: The implementation of procedures to manage asset information, and that asset management maturity is progressing | AssetFuture’s reporting functionality supports procedures to manage asset information, and comply with all audit requirements. Asset Information and Intelligence supports organisations on the journey to ISO55000. Data integrity can be maintained through mobile applications for self-management of defects, issues or capital works. |