Don’t Wait – Plan Ahead for Uncertain Budgets

As we round the corner into the second half of 2020, hospitals face unprecedented levels of uncertainty and financial challenges as a result of the COVID-19 pandemic. With many hospitals’ spending decisions on hold, planning capital equipment purchases for the rest of this year, let alone 2021, may feel daunting. But acting now and taking steps to be ready can set you up to get the most from whatever you have available to spend.

Take time now to reassess and prioritize your most urgent equipment needs. Plan ahead and have a game plan ready so you can maximize the impact of whatever capital resources that are available to fund equipment purchases.

It can be stressful not knowing what budgets may allow for in the near future. Planning now and having clearly defined budget priorities, will set you up for success and allow you to make the most of whatever money is available.