Home | 6/1/2005 Issue | Article

Be smart with capital expenditures

Effective Jun 1, 2005
Published Jun 1, 2005

When you buy costly office or clinical equipment, you want to make sure that the new item will bring value to your practice. Whether replacing an outdated telephone system, adding a collator to your copier, or purchasing a clinical instrument to add a new service, you need to be sure that you make the best purchasing decision. To determine the cost-effectiveness of your purchase, you want to assure that the potential for profit exists, either through physician and staff labor savings or through additional revenue.

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