| edical professionals, clinics, and doctor’s offices, | | | | when you must refer patients to better equipped |
| medical equipment leasing provides the best answer to | | | | facilities and other locations that have the diagnostic |
| getting the equipment you need to best serve the | | | | tools at their disposal for tests that you could have |
| needs of your patients. Medical equipment leasing is | | | | done – if you had the right equipment. Whether |
| the most popular way that most modern facilities have | | | | its magnetic resonance imaging equipment, X-ray |
| to get the equipment they need now, while paying | | | | equipment, modern lab equipment, or just basic |
| monthly payments for the use of the equipment | | | | examination equipment – having advanced |
| – usually with an option to buy if the decision is | | | | diagnostic and medical equipment at your disposal |
| made to do so. | | | | makes your facilities more of a one-stop medical |
| An obvious advantage to leasing the medical | | | | facility – which patients find convenient. |
| equipment that is required by your facility is cost | | | | What’s more – when a piece of |
| concerns. Some medical equipment can cost well over | | | | equipment become obsolete and is replaced by newer |
| $100,000, as you are most likely aware. By leasing as | | | | technology, you are not stuck with equipment that you |
| opposed to buying the medical equipment that you | | | | cannot use or even resell. |
| need, you aren’t putting out a large amount of | | | | Medical equipment leasing usually requires no down |
| money at once, which frees up the capital you have to | | | | payment, and often features the option to purchase |
| invest in your facilities for other purposes. Most | | | | the equipment for a price that reflects the remaining |
| companies that lease medical equipment also offer the | | | | value (minus depreciation) of the equipment at the end |
| option to buy the equipment anytime during the lease | | | | of the lease. There is no need to put up collateral of |
| – or even at the end of the leasing term if you | | | | any kind, in most instances, to begin leasing the medical |
| choose to do so. This allows you to see if the | | | | equipment that you need today. |
| equipment is beneficial to your bottom line before | | | | Keep in mind that most of the expense that you will |
| making a huge financial commitment. | | | | bear to lease the medical equipment that you need is |
| One of the greatest benefits that medical equipment | | | | one hundred percent tax deductible under a true lease |
| leasing can provide is giving you the ability to maintain | | | | structure. This means that the equipment can actually |
| state-of-the-art equipment for optimum patient care. | | | | pay for itself by causing you to owe less tax when |
| Having the best equipment and latest technology not | | | | you file each year. In addition, if you choose to |
| only improves patient care, it can also improve your | | | | purchase the equipment, you can deduct the amount |
| profit. In the absence of the appropriate equipment, | | | | of depreciation and the interest paid on your lease to |
| your facility most likely loses quite a bit of revenue | | | | own medical equipment. |