The 7 Benefits of Purchasing Refurbished Medical Equipment

Meta Description: Buy used medical equipment to save money, since you will not be paying full price for the equipment and there is no waste that will occur.

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Unfortunately, medical equipment will eventually become obsolete. Medical equipment eventually depreciates and becomes less valuable as time passes; just like other capital items, it also loses its value. 

Even so, there is a huge market for refurbished surgical microscopes, dental equipment, and even radiological devices.Companies like Prescott’s Inc. can offer you the solutions you need at an affordable price. 

But why is this so? Why are doctors so excited about this market? In this post, we will find out why.

It’s Green

Medical practices are increasingly looking at ways to green their operations. They not only want to be as efficient as possible, but they also care about the environment. While doctors are responsible for caring for patients, they also care about the environment. 

Unfortunately, medical waste is way out of control. U.S. hospitals produce more than 5.9 million tons of medical waste each year, most of which ends up in landfills. 

Refurbished medical equipment helps reduce the amount of waste that is produced in the environment. Doctors can repair and maintain difficult-to-replace parts in their equipment by replacing them with parts that will last longer and reducing the overall cost of the equipment.

It Reduces Cost

Medical equipment can be terrifyingly expensive. It’s not unusual for a new gadget to cost $1 million or more. New medical equipment can cost up to $1 million, and it’s not uncommon for used equipment to cost less than 40 percent less. 

Refurbished devices are often considerably cheaper than new ones. Some parts will even work better. Most medical devices that are used less often cost about 40 percent less than those that were just assembled on the production line.

Quality Is Still Guaranteed

Refurbished goods have a bad reputation. Some people believe they are inferior to new items. Some organizations think that refurbished products are inferior to new equipment.

Some people believe that refurbished goods are inferior to new goods. But, in fact, refurbished goods are actually better than new. Some people believe that refurbished equipment may be better than new because specialists, like those at Prescott’s Inc., do more checks on each item they process. Manufacturers may only test samples from one batch of manufactured goods.

You Can Continue Providing A High Quality Of Patient Care

Manufacturers of medical equipment will always try to sell you the latest and greatest models. That’s how they make money, but the differences in performance are very minor. Because manufacturers want to sell you the newest and greatest equipment models; that’s how they make money. 

But if you compare performance between one equipment model and another, you’ll find that any differences between the two are really minor. In some cases, they may even be nonexistent. And, in some cases, they’re even minor. 

Patients should expect to receive the same level of care even if you purchase refurbished medical equipment. Functionality is almost identical between used and refurbished equipment.

It’s Easier For Staff To Use

It takes time to train staff to use new equipment; it can be difficult to find good training materials for old equipment. Even if the overall concept of a project remains the same, it can be difficult for teams to change course. There is always a period where people need to learn how to use new equipment. 

When you buy used equipment that is refurbished, you get around this little problem. The equipment will still perform the same way it did when it was new, but it won’t have the same functions. It performs just as well as new, but it has the same controls as new.

It’s Easier To Source

Even purchasing brand-new medical equipment can take a while. It can take weeks or months. Lead times for sourcing new medical equipment can be weeks or months. And global chip shortages and supply chain disruptions are making things worse. 

But the problem isn’t as acute in the refurbished medical equipment market. Purchasing used medical equipment usually takes only a few days. Sometimes, it is as easy as contacting a vendor and asking for a quote for a refurbished item. It takes just a few days to get a refurbished item.

It Improves Your Cash Flow

Some clinics can’t afford to buy medical equipment because it is very expensive; they have to wait to save money before they buy it. Some clinics wait years for their patients’ demand to grow enough to justify the purchase of new medical equipment. 

Even if you purchase new equipment, you won’t have to make any significant compromises, because refurbished medical equipment is very affordable. It is easier to find equipment that would benefit your patients right now by purchasing refurbished medical equipment.

Visit Prescott’s Inc online today for more information about purchasing used medical equipment.