Making it in the medical industry
With more and more doctors opting to work as part of a medical centre team, stand alone medical practices and practitioners need to stand out in order to compete with this increase in medical centres. There is no better way to do this than by providing your patients with access to the latest medical equipment and specialised medical technology, including vaccine refrigerators, lighting, monitors, defibrillators and ECG machines. Leasing options hold a number of advantages for one-doctor and other small medical practices, with the greatest advantage being not having to outlay large amounts of money at once, but rather choosing pay as you go plans to distribute payments over time. However, leasing options for medical equipment is not limited to small medical practices. It also has a range of advantages for medium sized practices, medical centres and hospitals, with more advanced equipment available, including, but not limited to x-ray machines, Dopplers, audiometers and ultrasound equipment.
Whether you’re a small, medium or large medical practice, medical centre or hospital, there are multiple advantages to leasing medical equipment. These are just some of the benefits.
1. Keep cash flowing – utilising leasing options for the use of medical equipment ensures that large amounts of capital do not have to be outlaid in bulk. Rather capital is kept free for everyday costs and cash flow is assisted.
2. Be up to date with the latest technology – keep your medical practice, medical centre or hospital up to date with the latest technology and specialised medical equipment without having to pay up front. Options are available to update equipment as the needs of your practice, centre or hospital change or as new advances and innovations in medical equipment become available.
3. Range of end of lease options – as your lease comes to an end, there are a number of options available to you and your medical business. On the one hand, there is the option to offer to purchase the equipment that your team has become familiar with over the lease period and continue working with it. Alternatively, new lease options are available if your business prefers to choose new and more up to date equipment.
4. Expand the range of services available – leasing options will give your business more opportunities to offer a greater number of medical services. This will be more convenient for your patients, and will also save time in diagnosing and monitoring your patient’s medical conditions as it means x-ray, ECG and ultrasound results for example, are right at your fingertips.
If you’re in the medical industry, there is a range of leasing options available to finance medical equipment to suit your business’s needs.
For medical practices and other small businesses, an operating lease can be a cash flow friendly way to get the equipment you need to keep your business running – visit www.flexicommercial.com.au
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