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What is the Purchasing Process For Hospitals Buying Hospital Equipment?

There is a whole process that hospitals must go through before they purchase one piece of hospital equipment. They do this process for several different reasons and it can involve many different departments of the hospital. They have to make sure that every piece of equipment that they buy is up to the standards of the technology that they are using at the time in order to give the best and most accurate information to their patients that they can. They must also stick within their budget in order to keep the hospital up and running.

The process of purchasing hospital equipment starts off with strategic planning. This task is usually taken on by the higher ranking staff of the hospital. This is where they brainstorm in order to identify the types of services that the hospital offers and what types of equipment would they be able to purchase that would compliment those services in order to make them better. They need to research on new innovative technology that is available to them to determine if it would be best for the services that they provide. They need to constantly be up-to-date on the new technologies that are out on the market.

They then need to go into the assessment phase where they discuss the cost efficiency and benefit that it would give to the hospital as a whole. This would involve more staff including the accountants. The acquisition is the next phase of the process and involves the creating of the proposals for the medical equipment, the purchasing negotiations with the medical equipment company that they have decided to buy from, the preparation of the contract, and finally the contract award which gives the medical company the green light in order to deliver the purchased equipment to the hospital.

This whole process that the hospital goes through in order to purchase medical equipment is a fairly long process and can take some time, but if everything is not thought of properly, they could spend a lot of money on a piece of equipment that is not very useful to the services that they give. Technology is the key word in this process along with the patient’s welfare being the main concern. The hospital staff needs to make sure that the equipment will not only help to make their services more efficient and up-to-date, but also that the equipment will be cost effective for them and the patient.

Using Hospital Equipment Leasing to Lower Costs

Health services can vary greatly between different countries around the world. The level of service is greatly dependent on the wealth of the country that you live in. The wealthier the country however, doesn’t mean the better the hospitals and health services are. For example, in America and Australia, which are two wealthy western countries, the public health services are always under scrutiny because of there performance, or lack thereof. Hospitals need a lot of money to function properly. The lack of doctors and nurses can also contribute to the lack of beds and rooms available in hospitals.

Providing good health services is a big problem in a lot of countries. The private health sector is generally more reliable than the public funded sector. This can be attributed to wealthy people and wealthy institutions and also paying a lot of extra money to be treated. Some people simply can’t afford the high premiums one must pay for these services. A big problem with hospitals generally and why they are expensive or why the service leaves something to be desired, is the equipment state. The equipment is the backbone of a hospital and when there is a lack of good equipment, the patients, nurses and doctors all suffer.

The equipment types in a hospital vary greatly. There needs to be a great variety of equipment in a hospital to be able to diagnose patients quickly and efficiently. Types of diagnostic equipment you will find in a hospital include, x-ray machines, CAT machines, MRI’s and simple tools such as stethoscopes, blood pressure reading devices and thermometers. There is also the surgical equipment which is included in the large majority of bigger hospitals. These surgical tools have to be in very good condition and sterile as they are crucial in preserving doctor and patient safety by preventing infection.

When you add together the value of all of the equipment needed in a hospital, it comes to quite a large sum. This is the reason why many hospitals decide to lease their equipment instead of buying it. The first thing this saves, is the money that would be needed to make the large capital purchases. This money can be used to help their patient care sector improve. Lenders who are involved with hospitals often make their leasing agreements as flexible as possible. This helps the firms out greatly. As within a lot of sectors, the state-of-the-art technology in hospital equipment changes rapidly. Leasing can help prevent technological obsolescence with the equipment within a hospital.

The idea of leasing can also have tax advantages as it changes the financial risk within a company. To lease equipment for hospitals is not a completely new idea, with it becoming increasingly popular in the last years. This is great both for the hospitals themselves and also the patients. Having all been patients of hospitals in some time in our lives, it is good to know that they have options to remain financially stable and also make it cheaper for us to use their services.