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On the other hand, when you purchase medical equipment, you do not just own that machinery but it also becomes a part of your capital assets. In the long term, the cost of ownership is lower, and you can also get a tax rebate on a medical equipment loan.
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Things to keep in mind before renting or buying medical equipment
Assess your needs • Figure out what kind of equipment you will require.
Analyse the cost • Evaluate if buying or renting equipment is more affordable.
Output • Compare the efficiency of both rented and new equipment. • Evaluate the equipment running cost.
Maintenance expense • Know the repairs and maintenance costs in advance.
Tech advancement • Keep yourself posted about equipment upgrades and advancements.
Evaluate the above pointers while deciding whether to rent or buy new equipment.
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