Despite the challenges, we believe that medical equipment leasing is beneficial to hospitals, health systems, and other health care organizations, and that the medical equipment lessors who truly take the time to understand the considerations in the industry will be able to continue serving it. 

What is more, we believe that some outcomes of the Affordable Care Act will have a positive impact on hospitals’ financial positions, making them more favorable to lessors. For example, access to affordable insurance will reduce focus and spending on collections from self-pay patients, saving providers time and money. Additionally, Medicaid expansion is likely to improve financial performance for most providers and could spur increased utilization by previously uninsured patients. As medical equipment lessors, an improved financial position of hospitals would be a positive change. A stronger position is good news on all fronts: for the hospitals, for the patients, and for the health care equipment leasing industry.

Beyond that, the benefits of leasing medical equipment for customers still remain. As always, better, faster, newer equipment continues to transform patient care – enabling quicker and more accurate diagnoses and treatment.  

The Benefits of Leasing Medical Equipment Include:

• Maximized Cash Flow: Leasing involves consistent, fixed payments, allowing hospitals to acquire equipment without large cash outlays.
• Low, Fixed-Rate Financing: Leasing provides a low cost source of capital, delivering an alternate source of funds that complements standard bank lines of credit.
• Benefit from Residuals: The residual value of the leased medical equipment will result in low financing rates.
• Strategic Equipment Acquisition: Leasing improves a hospital’s access to the newest technology, allowing the organization to seamlessly replace, upgrade or add to equipment systems during the lease or at the end of the lease term.  

 The Benefits of Factoring Third Party Accounts Receivable:

• Availability: Available to group practice physicians, nursing homes, hospitals, home healthcare companies, mental healthcare providers, rehabilitation / physical therapy companies, DME providers, MRI and radiology centers, laboratories and others. 
  

• Types of Receivables: Third Party receivables such as Medicare, Medicaid, Commercial Insurance, Private Insurance, HMO/PPO, and Managed Care. 
  

• Types of Financing: Flexible, asset-based loans and/or accounts receivable purchase funding at highly competitive rates, with no hidden fees.
  

• Benefits: Maximize your Cash Flow!!! 
  

To get started and discover your options please contact Steve Felt at (720) 432-9118 or steve@creativebusinessfinance.com 

Medical Marijuana has been legalized by several states and two have decriminalized the possession and recreational use. Even though he doesn't see marijuana on the same level as alcohol, the current Drug Czar does think the administration should look at marijuana as more of a public-health issue. So we have reached out to our non-institutional and institutional underwriters to find out how we can provide commercial mortgages and leases on equipment for this growing industry and happy to say we have at least one commercial mortgage underwriter and one leasing underwriter that will lend to this industry. We can only assume that with each state legalizing its use for medicinal purposes we will be able to spread across the country with these programs. For more information and a confidential interview please contact Steve Felt at steve@creativebusinessfinance.com or (720) 496-6353.