Every asset's full lifecycle is tracked in ZenoHosp — purchase cost, depreciation, maintenance history, utilisation rate, and residual value. When equipment needs replacement, management has the data to justify the decision — not just an engineer's recommendation.
When equipment is purchased, ZenoHosp records the invoice, vendor, purchase price, warranty details, and commissioning date. The depreciation method and rate are configured. The equipment goes live in the asset register — ready for maintenance scheduling, location tracking, and utilisation recording.
ZenoHosp calculates depreciation for every asset using the configured method and rate — straight-line or reducing balance. Book value is updated monthly. At any point, management can see the current book value and accumulated depreciation of any equipment or the entire asset portfolio.
ZenoHosp's lifecycle dashboard shows each equipment's residual value, cumulative maintenance cost, utilisation rate, and downtime history. Management can compare the cost of maintaining ageing equipment against the cost of replacement. Replacement recommendations are data-backed, not just based on the biomedical team's opinion.
"Before ZenoHosp, replacement decisions were based on the biomedical engineer's gut feeling. Now we look at cumulative maintenance cost vs. residual value. Two pieces of equipment we were about to replace turned out to be more cost-effective to keep."
Every capability — built for Indian hospital workflows.
ZenoHosp supports straight-line depreciation (equal annual amount) and reducing balance depreciation (percentage of current book value per year). The method is configured per asset or asset category.
The lifecycle dashboard shows each equipment's residual value, cumulative maintenance cost, utilisation rate, and downtime history. Management can compare the cost of continued maintenance against the replacement cost to make data-backed decisions.
Yes. ZenoHosp calculates depreciation and updates book value monthly for every registered asset using the configured method and rate. No manual calculation required.