Why It Is Good To Rent Medical Equipment

By Lila Bryant


There has been a lot of talk in various industries on the merits and demerits of both renting and buying equipment. Both are viable options, but they both come with advantages and disadvantages. While there may be disadvantages in renting in some industries, others are enjoying the benefits. If you own a hospital, you may want to rent medical equipment.

There are many types of machines that are used in the healthcare industry. Some of the most popular ones include MRI, X-Ray, CT Scanner, Ultrasound and heart monitors among others. Most facilities do not have the financial muscle needed to procure these items. Therefore, renting is considered a suitable option.

Aside from purchasing a machine, there are several other options for acquiring the necessary appliances. Equipment financing is just but one of the many options. Big companies and financing corporations, when approached, have the ability to finance such acquisitions. Another option is hire purchase where a medical facility is required to pay a certain installment every month but this amount may still be too expensive for a healthcare facility to afford.

The terms of renting a machines are usually highlighted on the rental agreement. The rental fee is the most important element of such a contract. As long as you continue to pay the annual, quarterly or monthly rent, you can use the machine without any restriction. The renting period varies from one renter to the other, but it depends on the life expectancy of the machine as well as they nature of the works.

Different service providers have different service rates. Therefore, a potential customer has to work extra hard to learn more about the rates offered by different lease companies. It is expensive to rent new appliances compared to second-hand machines. The good news is that they can still work as efficiently as new ones. Prior to renting a used appliance, it is important to consult with experts so that you can make an informed decision.

Medical equipment leasing companies are readily available on the Internet. The different platforms including social media, medical blogs, leasing company websites and forums among others sources, can be accessed with easy by many people. Running a simple search is all a client needs. The ones with good reputation and good offers should be given the top priority. Companies that offer affordable prices should be strongly considered.

A decision needs to be made on whether to rent second-hand or new machines. Due to the high cost of renting new ones, acquiring used appliances is preferred since they just deliver the same great results. Consulting with experts in the field is recommended before making a final decision.

Rented machines must always be insured. This is because they can be damaged while in use. The owner may lay the blame on the renter, but the item does not belong to the latter. Most firms require renters to pay insurance premiums to cover the machines they are renting. In case of damage or loss, the insurer will replace or repair the item and compensate the renter for the downtime.




About the Author: