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How Refurbished Imaging Equipment Can Help Hospital Capital Budgets

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It's the time of year when many hospitals are either preparing their capital budgets or have just learned the fate of their capital budgets. This is an interesting time because it often puts the hospital’s executives at odds with the imaging directors. The directors are attempting to keep the hospital's equipment together (often through the use of duct tape and bailing wire) and the officers are trying to figure out how to pay for capital improvements based on hospital revenue and still eke out a profit (or at least a smaller loss).

There are two crucial points where refurbished imaging equipment options can really assist in this process. The first: relying on refurbished equipment in the development of capital budgets. Refurbished equipment pricing options at the beginning of the process could allow the dollars to go much further while still allowing a substantial upgrade. Second, when the dollars are allotted and there are not quite as many of them as desired, refurbished equipment dealers can assist you in filling the gaps in the capital budget with lower cost options for much-needed equipment.



In a further effort to bridge the gap and call a truce between the executives and the directors, I want to offer a helpful proposition:

In many hospitals there is a level of rigidity in capital budgets that would rival that of a Victorian corset factory. For instance, if a director requested an MRI for 1.2 million dollars and an R/F room for 300,000 dollars and the capital was granted for the MRI and not the R/F, the MRI would be purchased brand-new and the existing R/F would be left to continue limping its way to a slow, often expensive, death. If the flexibility were there for the director to say, “I would rather use that 1.2 million for an 800,000 dollar refurbished MRI, a 175,000 dollar R/F, and a 150,000 dollar digital rad room and keep 75,000 dollars in the budget for something we’ll need later,” it would change the game for the hospital. The sun would shine, birds would sing, and the C(EFO)O and the Imaging director would live in peace and harmony… it could happen.

There is not a refurbished answer to every imaging need, but for many of the issues hospitals now face there may be a very good one. These benefits can only be reaped if a truce is called between executives and directors. With them, hospitals win.


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