The rationale for refurbished medical equipment
Whether you are a large established hospital facility, a small start-up clinic, or a private practice, medical equipment is the staple of your business.
Your medical equipment must be reliable and cutting edge. For this reason, many hospitals, medical practices and clinics think that it’s necessary to buy brand new equipment with a complete warranty, replacement, and maintenance programme.
However, in these belt-tightening times, refurbished medical equipment is becoming increasingly popular as a way to economise. But how do you do that without sacrificing dependability?
Pros and cons of refurbished medical equipment
You save a lot of money
First and foremost, whenever you buy refurbished medical equipment, you are going to pay a fraction of the cost of brand new equipment. It’s just that simple. Think of buying new equipment just as you would think of buying a brand-new car. Just as with a late model car, where the depreciation begins the moment you drive the vehicle off the lot, the same is true of new medical equipment. If you have budget concerns – and who doesn’t – you definitely want to consider purchasing refurbished medical equipment.
Be careful or you could get a lemon
As with any large purchase, you want to thoroughly research vendors and make sure that you have found a reputable supplier. Ask for referrals, compare prices, and look for vendors that offer certified pre-owned equipment, with a multi-point inspection, parts replacement, and warranties. While not all used equipment will have a warranty, you should enquire about what sort of guarantee will come with the equipment.
You can choose the level of refurbishment
Most medical equipment companies that offer used and refurbished equipment will offer several levels of refurbishment. The top of the line in used machinery is certified pre-owned equipment that is thoroughly inspected, with parts tested and replaced and cosmetic refurbishment. The equipment is virtually new, restored to the original manufacturer condition, and usually comes with a warranty and guaranteed parts replacement if a part fails. From there, the equipment goes through various levels of testing and refurbishment. If you are looking to save even more money, you can get machinery that is refurbished mechanically, but not cosmetically, however, be aware that new-looking equipment inspires confidence; by the same token, equipment that appears dated can raise questions about facility resources and expertise. Often, vendors have many types of used equipment, and you can choose based on price, age, and level of restoration.
What about the warranty?
Normally, certified equipment will come with several months’ warranty, while machinery with lower levels of refurbishment are less likely to have warranties. However, be sure to ask the vendor you are considering, for details of the guarantee on its equipment. It is also important to ask if spare parts are kept in reserve for repairs if loan equipment is available in the event that equipment fails and must be repaired and details of the maintenance programmes.
You may need to replace equipment sooner
While very high quality used machinery is absolutely available, it is nonetheless still used. With that in mind, you may have to replace it more often than new equipment, unless it is certified pre-owned. Of course, the lifespan of equipment is a relative matter, several to a dozen years or more versus a couple of decades. If you run the numbers, however, you will more than likely discover that the savings on equipment that needs to be replaced a little sooner are well worth it.
You can afford cutting-edge machinery
Patients have come to expect their healthcare providers to have the latest in medical equipment. Whether you are a large hospital facility or small clinic or practice, the expectation is the same, and if you don’t have the most up-to-date equipment, it can impact your reputation and the number of patients that you attract. When you purchase used or refurbished equipment, you often have access to these newer technologies for just a small portion of the original price.