Radiography equipment is going to come with a substantial financial impact, especially if you’re making the transition from conventional to digital. While the benefits may make the change worth it for your practice, you also need to make sure you are ready to handle the rest of the impact as well. Here are some key areas of consideration.
As a start, a good way to determine what you will be able to buy and when starts by calculating the ROI involved with the transition. As a start, talk to your potential provider for an average cost for the new equipment, as well as the maintenance involved. Combine that with five years for depreciation, and you’ll have a pretty solid idea of what the upgrade will cost for the year and over its lifespan. However, you also want to consider added savings, like no longer having to pay for film or chemicals, storing the printed film, or technologist time for retakes.
Another thing you want to keep in mind is if you can turn these added costs into future revenue. Will you be able to process patients faster, increasing your load? What about being able to increase your billing due to the added services you can provide?
Many different practices and settings require radiography equipment to function, and this also means knowing when you can upgrade or make other changes for the good of your business. However, budgeting is quite a valid concern as well. While maintenance helps extend the lifespan of your average piece of equipment, when you are ready to upgrade, and have a budget in place, be sure to schedule a consultation with a partner like JPI Healthcare Solutions. With knowledge of your budget and goals, we can put together a radiography solution that fits you.