| For medical administrators, there are many deciding | | | | has expired for its fair market value. This isn't a bad |
| factors that come with the decision of renting medical | | | | option if you expect to remain using the equipment for |
| equipments instead of making a purchase. Some of | | | | a long time. Just make sure to get the fair market |
| those factors may be the cost efficiency, longevity | | | | value price in a written agreement in your lease |
| and consistency of the equipment usage, its | | | | contract. |
| importance inside the medical clinics or hospitals, etc. | | | | Research and consult with experienced medical |
| Consider different options before leasing medical | | | | equipment leasing companies |
| equipments | | | | Ask for a referral from the manufacturer to verify that |
| Before renting out any equipment, make sure you do | | | | they are a reputable rental company. Look for leasing |
| your research and decide which leasing options would | | | | companies that understand the technological |
| be the best fit for your needs for the equipment being | | | | equipment and have a good relationship with |
| borrowed. There are two basic leasing options: a true | | | | manufacturers. Try looking into hospitals and |
| lease, also known as an operating lease and a fair | | | | specialized medical equipment suppliers. |
| market value lease. | | | | Other helpful tips to renting medical equipment |
| - A true lease (operating lease): This option allows your | | | | Take into account, such as additional personnel and |
| lease payments to stay the same during the life of the | | | | supplies you might need to operate the equipment |
| contract. You would just return the equipment after | | | | when calculating the potential financial benefit of |
| the lease comes to an end. There might be a small | | | | renting. Make sure to check your lease agreement for |
| cleaning fee for the equipment towards the end of | | | | any hidden fees and oversights. Some rental |
| your rental though. | | | | companies might include premium insurance in your |
| - A fair market value lease: This option offers you a | | | | monthly payment total, while others might charge you |
| chance to buy your rented equipment after the lease | | | | an administration fee. |