Faced with rapidly evolving healthcare technology — as well as financial pressures such as squeezed margins, low investment yield, tightened credit and industry consolidation — many hospitals are relying more than ever on medical equipment leasing.
Medical equipment leases however, often contain significant contract and financial risk. Without diligently monitoring lease terms and tracking assets, medical equipment leases can often be much more costly than most organizations expect. Managing such complexity can be challenging because so many hospitals and other healthcare organizations are administratively lean.
Healthcare organizations can reduce medical equipment leasing cost by structuring equipment lease deals that cap various charges and by continuously measuring equipment lease performance. LPRS can help you understand the specifics of how healthcare-focused lessors structure medical equipment lease agreements, and how to negotiate terms and conditions, which will cap your risk and cost.