Tips for Buying Medical Equipment and Supplies

April 4, 2017

When thinking of purchasing medical equipment, there many factors to consider. The first could be whether to lease instead of buying the equipment since this is an economical choice that requires some considerations. Once you’ve decided to purchase the medical equipment, you should consider the following factors.

Be Smart When Considering Equipment Financing

Although paying cash can seem like the best way to finance your medical equipment, it’ll cut into your capital that you may need for more expenditures. Getting a loan to finance medical equipment is an excellent choice too, but you have to be aware of the interest rates since this will increase the final cost of the medical equipment.

Check the Warranty Offered by the Vendor 

Healthcare vendors provide maintenance services and warranty contracts for their equipment. These can cut down costs or potential breakdown. Most of these warranties are offered as part of the purchase price. Ask the vendors what warranty options they have. When considering a purchase, you can also take extra time to analyze the contract warranty. In many cases, the medical equipment warranties are worth the added fees. A palliative care minneapolis mn professional will provide relevant documentation during purchase.

Compare Apples to Apples to Settle for the Best Vendors

Product offerings, as well as pricing, don’t’ match from one vendor to another. A lower price could be more attractive, but in the real sense, the product and quality may not match. Making sure that the model numbers match the accessories is crucial. Inquire for itemized quotes that reflect the necessary detail to choose the right medical equipment for your practice.

Ask for Documentation

Ask the vendor for documentation. If you decide to deal with a company you’ve never worked with before, ask for reference accounts, certifications, financial information and administrative as well as quality credentials. If you require additional assurance, refer to the Better Business Bureau or speak to your professional groups to access some background information regarding their experience with your prospective vendor. Complete more research before purchasing equipment from unfamiliar companies.

Plan for Your Equipment by Creating Space

Every room in medical practice has unique demands. When adding new medical equipment, check the location of the practice and additional costs that you may need for renovation or any necessary changes to accommodate your equipment including plumbing costs.

Include Service Coverage

Include service coverage in the purchase since healthcare facilities have an inspection of their equipment regularly to avoid costly repairs during use. Although facilities don’t purchase a program for service delivery during the purchase, it’s recommended to have an inspection at least thrice annually.

Inquire if The Vendor has Training Credentials 

If a vendor’s service technicians haven’t attended the OEM training for the rehabilitation of the equipment they sell, they can’t assure you of timely equipment repairs. Many OEMs provide service training to in-house service technicians. The vendor you’re negotiating with should provide documentation on equipment knowledge.