There is a great deal of controversy currently taking place in the halls of Congress regarding President Biden’s American Jobs Plan. According to the White House website, the American Jobs Plan is an investment in America that will create millions of new jobs, rebuild our country’s infrastructure and position the United States to be better able to compete internationally. These are all goals that are worthy of achieving, but the controversy lies in defining what “infrastructure” really is and where the money to fund the Plan will come from.
Fortunately for the administrators at hospitals, Ambulatory Surgery Centers (ASC) and clinics, defining infrastructure is much easier. Things like your physical location and the equipment you use immediately come to mind. But administrators do share the same concerns as the government when it comes to infrastructure – what is the most efficient and economical way to pay for those items?
As more areas of the country are moving into a “post-pandemic” mind set, ASCs and clinics alike are seeing a large increase in patient volume and the demand for diagnostic imaging services. So how best to meet that demand? At this crucial time, you want to avoid any increase in patient wait times which will force customer satisfaction scores to start decreasing. Conversely, now may not be the best time to make a large capital investment on imaging equipment as your practice begins to recover financially and moves towards pre-pandemic patient volume. One consideration that should be given close examination is the option of renting rather than buying new equipment.
Some advantages of renting vs. purchasing are:
- Operating expense vs. a capital expenditure with a minimal cash outlay, no financing fees, and the rental fees are tax deductible
- No long-term obligations
- Wide selection of equipment to choose from
- You get to “try before you buy” to ensure that your clinicians and techs like the equipment and that it meets the needs of your practice
- You get to meet or increase your diagnostic imaging capacity and increase revenue while decreasing wait times for your patients.
Renting is also a lower risk option than purchasing because it provides you with the equipment you need as you need it, and you only pay for the time you are renting it. Reputable C-Arm rental companies will also provide you with service and support options, which further reduces any risk associated with renting.
From an infrastructure standpoint, Congress would be envious of solutions that are this low risk and budget friendly!
Bluestone Diagnostics has 20 years of experience in selling and renting refurbished diagnostic imaging equipment, including mobile c-arms and mini c-arms such as OEC 9900s and OEC 9800s and mini c-arms such as Hologic Insights, OrthoScan and OEC 6800s. That experience includes a hands-on, consultative approach that will enable you to evaluate the benefits of renting so you can make an informed decision. Contact us at (877) 904-1904 so we can help you determine your best options.