A system and method are disclosed for controlling an inventory of a plurality of point-of-care diagnostic devices. The plurality of devices includes at least one type of device. Each device is configured to perform at least one sample analysis. Each device has a usable lifetime. The inventory includes a main inventory and at least one subinventory. The inventory control system comprises a data input interface for entering data associated with the devices and a data output interface for displaying data associated with the devices. A memory stores data associated with the devices and stores steps of a computer program to automatically update the current number of devices in the at least one subinventory in response to an occurrence of an event that causes a change in the current number of devices in the at least one subinventory. The inventory control system comprises a processor for accessing the memory to execute the computer program.