How to Afford Great Equipment Despite Declining Imaging Reimbursements

The decline of reimbursements for medical imaging procedures is having a major impact on healthcare providers across the nation. But instead of the negative affects you might expect to see, many imaging centers, private practices, and hospitals are finding ways to turn lemons into lemonade. The changing healthcare climate has led more physicians to discover the great values and top-quality equipment outside of the new equipment market.

In fact, analysts at Research and Markets forecast that the Remanufactured Medical Imaging Devices Market in the US will grow at a compound annual growth rate of 7.57% between 2012-2016. Declining reimbursements may be what gets buyers to initially look beyond new, but they quickly realize there are many great reasons to invest in reconditioned, refurbished, or remanufactured equipment. Some of the advantages include:

PRICE: Reconditioned equipment pricing can run anywhere from 20-70% below new equipment. Many physicians are surprised to find that they can still get late-model technology with all the options and features they want.

REIMBURSEMENTS: Reimbursement rates are the same whether the procedure was performed on equipment that was reconditioned, refurbished, remanufactured, or new. Why not save the thousands of extra dollars you would have spent on new equipment and invest it in other parts of your business?

WARRANTIES: Some practices shy away from reconditioned equipment because they believe the warranties aren’t as good as with new equipment. This is definitely not the case. Lots of reconditioned equipment comes standard with the same warranties and performance guarantees as new equipment.

SERVICE: There are great options available for servicing reconditioned imaging equipment. Highly skilled, reputable 3rd party independent service providers may meet or exceed OEM standards for service. The OEM itself may also offer service in some cases.

PARTS: Parts for new equipment can at times be challenging to find and VERY expensive. Parts for reconditioned equipment are often more available in the market and at very reasonable price points.

When the time comes to replace or upgrade your diagnostic imaging equipment, exploring all your options makes good financial sense. The values that can be found outside of the new equipment market are tremendous, and quality service and support are highly available.

Visit Blue Ox Medical Technologies today!