Since the mid-2000s hospital’s operating margins have been steadily declining. As a result their budgeting had to be more frugal. The finance departments of hospitals have the tough task of cutting costs without affecting patient care and services.
There have been a number of money-saving policies implemented at hospitals nationwide recently. The bad news is when budgets can’t be balanced it is often the staff that get cut, it if often the last resort if all else has failed.
Re-Appropriating Items to Cut Costs
One approach to cutting costs that many organizations utilize is to reconfigure or cut a number of smaller procedural or purchasing items as opposed to one big item. One example is where a hospital has decided to use reusable towels that they launder on the premises as opposed to purchasing disposable towels.
Other cost cutting measures include using generic brands of various supplies such as surgical supplies, recycling and outsourcing some services and functions like IT.
Pre-Owned Equipment is an Option for Some Companies
Even with these measures, hospitals and other medical facilities need the appropriate equipment to carry out their basic functions. This equipment has to satisfy the best requirements in terms of hygiene, serviceability and being ready to operate when required.
Imaging machines , monitoring equipment , infusion pumps , along with a large selection – including quantity of life-preserving , life-saving equipment is obviously crucial to the functions of any medical care facility.
It isn’t practical for medical facilities to buy new equipment in the current budgetary environment. As a result these medical facilities from the big to the small have opted to buy pre owned medical equipment to save money. They can save 20-80% when buying refurbished or pre owned medical equipment versus new equipment.
Vetting a Wheelchair Dealer or Vendor Before Purchase
Because reliable medical devices are so important in healthcare, when the facility decides to buy used equipment, the dealer has to be thoroughly checked out. The medical institution has to be sure that the vendor is trustworthy, reliable and that the equipment they supply is guaranteed. All the equipment and parts they sell must also be OEM-certified.
The medical equipment supply companies that have the best reputations only sell used equipment from the more established manufacturers like Alaris (Medsystem III), Abbott, Sigma, Baxter, Smiths Medical , Curlin and Hospira etc.
They are also known for outstanding customer care as well as on or off site service and repair. A number of these vendors also make their own parts that are non OEM (Original Equipment Manufacturer).
Smaller health care facilities like clinics and private practices also benefits from the availability of the reduced refurbished equipment.
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