December 2, 2022
Long-term success of digital health interventions in low-resource settings depends on accurate planning for expenditures over the lifecycle of the intervention. This can only be attained when all costs associated with owning and operating a unit of equipment or technology—referred to as total cost of ownership (TCO)—are understood and documented.
Digital Square’s Total Cost of Ownership (TCO) Tool is an interactive budgeting and benchmarking resource intended to help health leaders understand and develop more realistic budgets for digital health projects. Based in Excel with simple user inputs, the TCO Tool focuses on identifying common hidden costs, cost drivers, and variances, especially as they pertain to the operational costs often overlooked in budgeting. It is available for download in English, Portuguese, and French (coming soon).
Read more about the TCO Tool and its development and applications on our blog.
Learn more about Digital Square’s work in digital health costing and market dynamics on our Market Analytics web page.