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How to Save Money on Your Next Cath Lab Purchase

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If you’re in the market for a cath lab, chances are you’re familiar with the significant costs involved with the project. While there are many factors that go into the total cost of purchasing a cath lab (construction, acquisition, installation), there is one specific factor you can approach differently to save money.

What is this sorcery, you ask? It boils down to one word: service. Keep reading, and we'll share with you how the way you protect your system with service coverage can save you thousands of dollars.

Save on a Cath Lab Purchase with Smart Service Buys

With a complex and sensitive piece of equipment like a cath lab, it’s always recommended that the system be kept under a service contract throughout its years of use to minimize the possibility and the duration of system downtime. Making the service decision up front, in conjunction with the purchase of the system, will have many benefits, including savings. Let's quantify that a bit:

How Much Can You Save?

For ease, we'll work with some round numbers taken from the current market range of refurbished systems and Block Imaging service coverage. Say the system is purchased at $300,000, including refurbishment, installation, and a year of service, with service priced at $67,000 a year.

Starting with a $300,000 system purchase and adding service one year at a time, the total cost over 6 years would be $635,000.

By including a 5-year service extension with the initial purchase of the system, our multi-year discount kicks in immediately with a 10% reduction. In this case, the cath lab buyer saves around $35,000 on their monthly payments over the course of the coverage.

The Takeaway

If you're in the cath lab market, we hope the prospect of getting the system you need, keeping it running smoothly throughout its time in your facility, and saving tens of thousands of dollars along the way is an appealing one. Our team would love to be the ones who help you achieve just that! 

If you'd like to learn more, check out our other cath lab project resources, use the form on the right to ask a question via email, or give us a call at 517-668-8800 to speak directly with a team member.

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