Medical stethoscopes are essential equipment for professionals in the medical industry. Buying your own medical equipment stethoscope is a serious investment because you'll have to use it over and over again in the future.
As medical technology is ever changing and new equipment enhancements are developed, renting equipment is a logical choice for a variety of reasons. Medical equipment leasing can keep their balance sheet intact, as monthly equipment lease payments can be classified as operating expenses. This would also allow the provider to benefit from tax deductibility.
The choice of whether to rent or buy medical equipment for your facility might seem like an easy one or perhaps a daunting one depending on your experience. The advantages to each strategy are based on the needs of your company. Let's examine some of the pros and cons to each option, to help you decide how to obtain medical equipment for your company.