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This is it: The Last Chance for EHR Stimulus Funds! Webinar
2014-07-31    
10:00 am - 11:00 am
Contact: Robert Moberg ChiroTouch 9265 Sky Park Court Suite 200 San Diego, CA 92123 Phone: 619-528-0040 ChiroTouch to Host This is it: The Last Chance [...]
RCM Best Practices
2014-07-31    
2:00 pm - 3:00 pm
In today’s cost-conscious healthcare environment every dollar counts. Yet, inefficient billing processes are costing practices up to 15% of their revenue annually. The areas of [...]
Aprima 2014 User Conference and VAR Summit
2014-08-08    
12:00 am
Aprima 2014 User Conference and VAR Summit Vendor Registration Thank you for your interest in participating in the Aprima 2014 User Conference and VAR Summit. Please [...]
Innovations for Healthcare IT
2014-08-10    
All Day
At Innovations for Healthcare IT, you'll discover new techniques and methods to maximize the use of your Siemens systems and help you excel in today's [...]
Consumerization of Healthcare
2014-08-13    
1:00 pm - 1:30 pm
Join Our Complimentary Express Webinar for an overview of “The Consumerization of Healthcare” on Wednesday, August 13th at 1:00 pm ET. Consumerism in the healthcare [...]
How to use HIPAA tracking software to survive an audit
2014-08-20    
2:00 pm - 3:30 pm
Wednesday, August 20th from 2:00 – 3:30 EST You have done a great job with Meaningful Use but will you pass a HIPAA audit?  Bob Grant, HIPAA auditor and expert will show you how to achieve total compliance and [...]
How Healthy Is Your Practice?
2014-08-27    
2:00 pm - 3:00 pm
According to recent statistics from MGMA, the typical physician practice leaves up to 30% of their potential revenue on the table every year. This money [...]
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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.