As hospitals and clinics become more analytical about their purchasing decisions, they
are starting to evaluate the Total Cost of Ownership (TCO) of capital equipment,
including portable capital equipment, rather than the initial outlay alone. Hospitals and
clinics are recognizing that if they want to control and contain their costs, they must
first understand what they’re actually spending over the lifetime of their equipment.
These components included the financial, quality, and technical aspects of the
equipment’s future maintenance and repair.
During a recent study a wide range of expenditures are found by type of ultrasound machine.
Although the average total annual spend across all units was £7,000 per year, the high end
of the range was over 5 times (5X) that. Furthermore, about one quarter of the hospitals
were found to have spent 50 percent more than the average cost of a contract, and 10 percent
of hospitals spent twice the average annual price of a service contract by purchasing
hourly billable service (T&M) and parts.
Curious on understanding the “soft” costs when purchasing ultrasound equipment?
Read the recent article by our COO on what to include in the Total Cost of Ownership.