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In case you are considering adding or replacing diagnostic ultrasound equipment in your practice, ensure to check out on a rental option. The current economic environment, coupled with the effect of affordable care act on insurance reimbursements, has rendered investment in capital equipment quite absurd. Many companies are considering ultrasound rental agreements. Renting a diagnostic system is a quick way to acquire a much needed ultrasound unit without having to qualify for a capital equipment loan.
The first reason why you should opt for the rental of a diagnostic machine is the convenience of the monthly payments. As opposed to purchasing, renting enables you to pay on a monthly basis, thereby saving you the loss of capital that would otherwise be used as a lump sum payment. It provides you with the option to access the diagnostic services cheaply and conveniently.
It is worth appreciating that this option also provides time for testing and interacting with the system before purchase. Contrary to purchasing, renting will provide your employees with ample time to familiarize themselves with the new innovations and technology before undertaking a full purchase. This provides time for change and introduction of new technology without having to outsource for technical support. It also enables the users to own up the system.
The low operation and maintenance costs also enhance profit margins. During the contract period, the rental company will be charged with the responsibility of maintaining the equipment. However, where you incur any operational cost, it is regarded as an operational expense and can be written off. This is contrary to a purchase agreement where you are solely responsible for the repair and maintenance of the appliance.
In addition, there is hardly any long term commitment beyond the contract period. Your rental contract is only for the specified period. There are no maintenance costs on your part, since the company providing the machine covers all equipment maintenance and repairs in the course of the rental agreement. Besides, a medical equipment rental is considered as an operational expense and thereby able capable of being written off as an overhead expense.
It is also a way of accessing the state of the art technology that would otherwise be expensive to purchase. The availability of diagnostic rental machines enables the small and newly established firms to access new technologies and innovations that would otherwise be inaccessible through purchasing. For example, renting allows your practice the opportunity to stay current with new software updates and technologies.
Nevertheless, the rental charge varies from one dealer to another. It is therefore important to shop around for the best deal possible in order to save on the monthly payments. The availability of the system is equally a matter of concern. Ensure to conduct a survey to determine their availability, including comparing the cost of the used and the brand new equipment.
In a nut shell, it is vital to manage cash flow in any business, but it is even more crucial to watch the bottom line in a medical practice. Renting a portable ultrasound instrument keeps your money working for you rather than being tied to a costly medical imaging device will, out of doubt, be outdated when a new technology or system is rendered.
The first reason why you should opt for the rental of a diagnostic machine is the convenience of the monthly payments. As opposed to purchasing, renting enables you to pay on a monthly basis, thereby saving you the loss of capital that would otherwise be used as a lump sum payment. It provides you with the option to access the diagnostic services cheaply and conveniently.
It is worth appreciating that this option also provides time for testing and interacting with the system before purchase. Contrary to purchasing, renting will provide your employees with ample time to familiarize themselves with the new innovations and technology before undertaking a full purchase. This provides time for change and introduction of new technology without having to outsource for technical support. It also enables the users to own up the system.
The low operation and maintenance costs also enhance profit margins. During the contract period, the rental company will be charged with the responsibility of maintaining the equipment. However, where you incur any operational cost, it is regarded as an operational expense and can be written off. This is contrary to a purchase agreement where you are solely responsible for the repair and maintenance of the appliance.
In addition, there is hardly any long term commitment beyond the contract period. Your rental contract is only for the specified period. There are no maintenance costs on your part, since the company providing the machine covers all equipment maintenance and repairs in the course of the rental agreement. Besides, a medical equipment rental is considered as an operational expense and thereby able capable of being written off as an overhead expense.
It is also a way of accessing the state of the art technology that would otherwise be expensive to purchase. The availability of diagnostic rental machines enables the small and newly established firms to access new technologies and innovations that would otherwise be inaccessible through purchasing. For example, renting allows your practice the opportunity to stay current with new software updates and technologies.
Nevertheless, the rental charge varies from one dealer to another. It is therefore important to shop around for the best deal possible in order to save on the monthly payments. The availability of the system is equally a matter of concern. Ensure to conduct a survey to determine their availability, including comparing the cost of the used and the brand new equipment.
In a nut shell, it is vital to manage cash flow in any business, but it is even more crucial to watch the bottom line in a medical practice. Renting a portable ultrasound instrument keeps your money working for you rather than being tied to a costly medical imaging device will, out of doubt, be outdated when a new technology or system is rendered.
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