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AACP Annual Meeting
2015-07-11 - 2015-07-15    
All Day
The AACP Annual Meeting is the largest gathering of academic pharmacy administrators, faculty and staff, and each year offers 70 or more educational programs that cut across [...]
Engage, Innovation in Patient Engagement
2015-07-14 - 2015-07-15    
All Day
MedCity ENGAGE is an executive-level event where the industry’s brightest minds and leading organizations discuss best-in-class approaches to advance patient engagement and healthcare delivery. ENGAGE is the [...]
mHealth + Telehealth World 2015
2015-07-20 - 2015-07-22    
All Day
The role of technology in health care is growing year after year. Join us at mHealth + Telehealth World 2015 to learn strategies to keep [...]
2015 OSEHRA Open Source Summit
2015-07-29 - 2015-07-31    
All Day
Join the Premier Open Source Health IT Summit! Looking to gain expertise in both public and private sector open source health IT?  Want to collaborate [...]
Events on 2015-07-11
AACP Annual Meeting
11 Jul 15
National Harbor, Maryland
Events on 2015-07-14
Events on 2015-07-20
Events on 2015-07-29
2015 OSEHRA Open Source Summit
29 Jul 15
Bethesda
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.