Financing Options
Today’s healthcare provider must depend upon equipment to function
and grow their practices and leasing is a common means of financing. Leasing
equipment is a logical choice for a variety of reasons. Monthly equipment
lease payments can be classified as operating expenses. This allows the provider
to benefit from tax deductibility.
The worth of medical equipment does not come from owning it, but rather
from the results of its use. With leasing, there are no large down payments
so capital reserve remains intact. The deduction is also the same every year,
which simplifies budgeting.
Another benefit from leasing medical equipment includes flexibility; as the
provider’s practice grows and equipment technology increases, leasing
allows for the owner to easily add-on or upgrade the package keeping equipment
“state of the art”.
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