Easy. Hospitals are used to wading through pages of long equipment quotes with numerous line items of different products and components that often don't include line item pricing. Make your suppliers help you save by ins ...
Read MoreConsider Cloud Computing as a Way of Reducing Data Storage Costs
Advancements in medical equipment and technology - particularly high resolution and high definition (HD) imaging systems - are creating greater volumes of data hospitals are required to store. As the volume of data being ...
Read MoreDon’t Overlook Service Costs When Purchasing Medical Equipment
Many hospitals focus on the purchase price when it comes to capital medical equipment, when the reality is that purchase costs only represent 30% of annual equipment costs or "total cost of ownership" (TCO). Anticipate a ...
Read MoreEstablish Realistic Purchase Timelines to Maximize Savings
Establish and communicate realistic purchase timelines for capital medical equipment negotiations with your vendor. Clear expectations can help you achieve success in negotiations and maximize savings to get what you nee ...
Read MoreIntroduce Competition to Get the Best Price on Medical Equipment
Be open-minded and consider multiple options to get your hospital substantial savings when purchasing medical equipment. Introduce legitimate competition from vendors with credible products to uncover special incentives ...
Read MoreInitiate Equipment Service Requests Within Covered Hours
Be sure to check your contract terms and covered hours before submitting repair requests for medical equipment covered by an original equipment warranty or service contract. Certain equipment manufacturers and service pr ...
Read MoreUpgrade Software to Get More Value from Equipment
Many medical equipment service contracts include software upgrades as part of your annual contract costs. When they do, upgrading the software on your equipment to the most current version before selling is an easy way t ...
Read MoreAvoid Missing Out on Savings in Negotiation
When negotiating capital equipment purchases, one of the quickest ways to kill potential savings is to tell your suppliers once your budget has been approved. This information gives suppliers an advantage in knowing the ...
Read MoreStuck in a Service Contract? Maybe Not.
If you have service contracts covering medical equipment that have not yet expired, you may think your hospital needs to wait to negotiate price reductions or changes to coverage to save money until each contract expires ...
Read MoreTick-Tock, Tick-Tock – Don’t Let Time Expire on End of Quarter Savings
Every quarter, hospitals miss savings from special promotions on medical equipment purchases and service contracts. Why? Because they don't get signatures and documentation needed to issue a P.O in time. Here’s a tip to ...
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