Strategies to Consider for Maximum Financial Flexibility
Organizations who make it through the hard times in the best shape are the ones that prioritize keeping cash flow healthy. Being able to respond quickly to changes in the marketplace is a competitive advantage – an important consideration if you are located in a community where patients have multiple treatment options.
So how does the agile organization plan for fluctuating patient demand and still be fiscally responsible?
There are two options that are sometimes overlooked – renting and purchasing refurbished rather than new. Each has its own benefits and can be implemented on their own, but when used in concert, they become a powerful strategy to keep cash flow healthy while still maintaining maximum flexibility to meet patient demand.
Renting vs. Purchasing
Renting Refurbished Equipment
Renting medical diagnostic imaging equipment means you only have to pay for equipment you currently need to meet patient needs. It allows the organization to scale up or down quickly and frees you from having to pay lease or purchasing costs on equipment you don’t need. This is ideal when you want to maintain healthy cash flow. The minimal cash outlay and tax deductible rental fees are bottom line friendly as well.
Purchasing Refurbished Equipment
Refurbished diagnostic imaging equipment costs up to 40% less than new equipment sourced directly from manufacturers and delivers the same level of performance and reliability. By purchasing refurbished equipment, you are leveraging an extremely cost-effective way of obtaining proven, reliable equipment from the most highly respected manufacturers in the business. In addition to the significant savings, refurbished diagnostic imaging equipment can be purchased, rented or leased – which allow you to choose the option that makes the most sense for your organization.
Bluestone Diagnostics, Inc. has over twenty years of experience in selling and renting refurbished diagnostic imaging equipment, including mobile c-arms, mini c-arms, digital portable x-ray systems, ultrasound systems and other modalities. That experience includes a hands-on, consultative approach that will enable you to evaluate your equipment needs so you can make an informed decision. Contact us at (877) 904-1904 so we can help you determine your best options.