Events Calendar

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Proper Management of Medicare/Medicaid Overpayments to Limit Risk of False Claims
2015-01-28    
1:00 pm - 3:00 pm
January 28, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9AM AKST | 8AM HAST Topics Covered: Identify [...]
EhealthInitiative Annual Conference 2015
2015-02-03 - 2015-02-05    
All Day
About the Annual Conference Interoperability: Building Consensus Through the 2020 Roadmap eHealth Initiative’s 2015 Annual Conference & Member Meetings, February 3-5 in Washington, DC will [...]
Real or Imaginary -- Manipulation of digital medical records
2015-02-04    
1:00 pm - 3:00 pm
February 04, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Orlando Regional Conference
2015-02-06    
All Day
February 06, 2015 Lake Buena Vista, FL Topics Covered: Hot Topics in Compliance Compliance and Quality of Care Readying the Compliance Department for ICD-10 Compliance [...]
Patient Engagement Summit
2015-02-09 - 2015-02-10    
12:00 am
THE “BLOCKBUSTER DRUG OF THE 21ST CENTURY” Patient engagement is one of the hottest topics in healthcare today.  Many industry stakeholders consider patient engagement, as [...]
iHT2 Health IT Summit in Miami
2015-02-10 - 2015-02-11    
All Day
February 10-11, 2015 iHT2 [eye-h-tee-squared]: 1. an awe-inspiring summit featuring some of the world.s best and brightest. 2. great food for thought that will leave you begging [...]
Starting Urgent Care Business with Confidence
2015-02-11    
1:00 pm - 3:00 pm
February 11, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Managed Care Compliance Conference
2015-02-15 - 2015-02-18    
All Day
February 15, 2015 - February 18, 2015 Las Vegas, NV Prospectus Learn essential information for those involved with the management of compliance at health plans. [...]
Healthcare Systems Process Improvement Conference 2015
2015-02-18 - 2015-02-20    
All Day
BE A PART OF THE 2015 CONFERENCE! The Healthcare Systems Process Improvement Conference 2015 is your source for the latest in operational and quality improvement tools, methods [...]
A Practical Guide to Using Encryption for Reducing HIPAA Data Breach Risk
2015-02-18    
1:00 pm - 3:00 pm
February 18, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Compliance Strategies to Protect your Revenue in a Changing Regulatory Environment
2015-02-19    
1:00 pm - 3:30 pm
February 19, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Dallas Regional Conference
2015-02-20    
All Day
February 20, 2015 Grapevine, TX Topics Covered: An Update on Government Enforcement Actions from the OIG OIG and US Attorney’s Office ICD 10 HIPAA – [...]
Events on 2015-02-03
EhealthInitiative Annual Conference 2015
3 Feb 15
2500 Calvert Street
Events on 2015-02-06
Orlando Regional Conference
6 Feb 15
Lake Buena Vista
Events on 2015-02-09
Events on 2015-02-10
Events on 2015-02-11
Events on 2015-02-15
Events on 2015-02-20
Dallas Regional Conference
20 Feb 15
Grapevine
Articles

5 Tips for Buying Equipment for Your Healthcare Business

healthcare

5 Tips for Buying Equipment for Your Healthcare Business

Purchasing specialist equipment for a healthcare business can be a difficult process. If you are preparing to open your business for the first time and this is all new to you, here are 5 purchasing tips that will enable you to source the right equipment for your business at the right price.

Make a List of Equipment You Need

Before you start looking at equipment options, establish exactly what you need. As well as listing the equipment that you need, you should also work out what specifications you will require from it. For example, don’t overlook the importance of power when choosing an industrial vacuum for your healthcare facility. It’s possible to choose an industrial vacuum that is too powerful, which could end up damaging your flooring. Make sure you choose something suitable for your healthcare facility.

Use as Few Suppliers as Possible

It is nearly always better to buy your equipment through a single supplier rather than relying on several. If you source each piece of equipment that you need from a separate provider, you will usually end up spending more than if you purchased it all through a single supplier. Purchasing through the right seller will save money while also making the entire purchasing process easier.

Track Your Spending

It is always a good idea to stay on top of your business spending. Regardless of the industry that your business operates in, it is never good for a business owner to be ignorant of where their money is going. Throughout the equipment acquisition process, make sure that you are tracking all of your costs and expenses. This is a good habit to get into for any business owner and is particularly advantageous for those working in healthcare or another role where they regularly deal with heavy machinery.

Don’t Wait Until It’s Urgent to Buy New Equipment

Wherever possible, you should give yourself as long as you can to sort new equipment. Don’t wait until your existing equipment breaks down, or leave your purchase of routine supplies until the last minute. It can take 6-8 weeks for some medical equipment suppliers to process new orders. Being without equipment for this long could be devastating to your business. Make sure that you leave plenty of time for your supplier to process and fill the order.

Check the Warranty Details

Every major purchase in life should come with some kind of warranty. Medical equipment is very expensive, and your business is dependent upon it functioning properly. Before you commit to any large purchases of medical equipment, make sure that you have read the associated warranty agreement carefully.

Buying specialist equipment for your healthcare business can be a fraught process. If you approach it the wrong way or you try to rush it, you will inevitably end up paying over the odds for equipment. Take the time to establish what you need and vet potential suppliers properly. You always have the option of purchasing used or refurbished equipment. Buying this way can be an effective way of reducing your costs.