7 Benefits of Buying Refurbished Medical Equipment
Meta Description: Buy used medical equipment to save money, since you will not be paying full price for the equipment and there is no waste that will occur.
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Unfortunately, medical equipment doesn’t last forever; it will gradually depreciate and lose function. It depreciates and becomes useless over time, like other major assets.
Even so, there is a huge market for refurbished surgical microscopes and dental equipment, even radiological devices.Prescott’s Inc. is your one stop shop for all of your refurbished medical equipment needs.
But why is this so? Why are doctors so excited about this market? In this post, we will find out why.
It’s Green
Medical facilities are increasingly looking for ways to green their operations. They care about their patients and the environment, but there is a problem: medical waste. While doctors are responsible for caring for patients, they also care about the environment.
Unfortunately, medical waste is way out of control. U.S. hospitals produce more than 5.9 million tons of medical waste each year, most of which ends up in landfills.
Refurbished medical equipment helps decrease the amount of waste that is sent to landfills. Repairing or servicing medical equipment allows physicians to replace parts that quickly wear out, but to keep those parts that last longer, cutting the costs involved in purchasing new medical equipment.
It Reduces Cost
Medical equipment can be frighteningly expensive; a brand-new item can cost more than $1 million. New medical equipment can cost up to $1 million, and it’s not uncommon for used equipment to cost less than 40 percent less.
Refurbished medical devices are significantly cheaper than new items. Some even cost 40 percent less than new items. Most used medical equipment is now sold for 40 percent less than when it was originally manufactured.
Quality Is Still Guaranteed
Refurbished goods have a bad reputation. Some people believe they are inferior to new items. Some institutions believe that refurbished products are inferior.
Some people believe that refurbished goods are inferior to new goods. But, in fact, refurbished goods are actually better than new. Some people believe that refurbished equipment may be better than new because specialists, like those at Prescott’s Inc., do more checks on each item they process. Manufacturers may only test samples from one batch of manufactured goods.
You Can Continue Providing A High Quality Of Patient Care
Manufacturers will try to sell you the newest and greatest models of their equipment. That’s how they make money; so they try to market you the latest and greatest models. Because that’s how they make money.
But if you compare the performance of equipment from one generation to the next, you will find that the differences between the models are minimal. In some cases, there are no differences at all. And, in some cases, they’re even minor.
Patients should expect to receive the same level of care even if you purchase refurbished medical equipment. Functionality is almost identical between used and refurbished equipment.
It’s Easier For Staff To Use
Training staff on new equipment takes time. Even if the overall concept of a project remains the same, it can be difficult for teams to change course. There is always a period where people need to learn how to use new equipment.
When you buy used equipment that is refurbished, you get around this little problem. The equipment will still perform the same way it did when it was new, but it won’t have the same functions. It performs just as well as new, but it has the same controls as new.
It’s Easier To Source
Buying new medical equipment can take a while. It may take as long as several months. Lead times for buying brand-new medical equipment can be weeks or even months. And global chip shortages and supply chain disruptions are making things worse.
But problems aren’t as acute in the market for refurbished medical equipment. It can be ordered in a matter of days or even a few hours. Sometimes, it is as easy as contacting a vendor and asking for a quote for a refurbished item. It takes just a few days to get a refurbished item.
It Improves Your Cash Flow
It is quite possible for a small medical practice to delay purchasing new equipment if they do not have enough cash on hand. Some clinics wait years for their patients’ demand to grow enough to justify the purchase of new medical equipment.
Even if you purchase new equipment, you won’t have to make any significant compromises, because refurbished medical equipment is very affordable. It is easier to get equipment that would benefit your patients right now than buying new items.
Contact us today and learn more about purchasing your refurbished medical equipment!
