Buying medical equipment for your practice that must be replaced every few years may not be the best way to go. Here's what you should know about leasing.
Why rent medical equipment when you can own it and build equity? Because copiers, bone densitometry machines, and computers aren't like real estate that usually appreciates in value. Buying equipment that must be replaced every few years or that may be technologically outdated or obsolete in the short term is not prudent. Here's what you should know about leasing.Lucien W. Roberts, III, MHA, FACMPE, is administrator of Gastrointestinal Specialists, Inc., a 21-provider practice in Central Virginia. For the past 20 years, he has worked in and consulted with physician practices in areas such as compliance, physician compensation, and billing/collections. He may be reached at Muletick@gmail.com.To download a PDF of this slideshow, click here.