To buy or lease equipment? Depends on the hospital

To buy or lease? That's often a fork in the road for consumers when it comes to purchasing a home or automobile, but the same applies to hospital management as well. Hospitals often make a decision whether to buy or lease equipment for a variety of reasons, with cash on hand being one of the biggest considerations, according to Healthcare Finance News. Those hospitals that are strapped for cash often consider leasing equipment, while those with more money may purchase what they need. The length of time the hopsital intends to use the equipment and how it plans to deploy it are other considerations. However, each hospital tends to lean one way or another depending on its management. Article

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