Published: Feb 03 2020

Get More Value from Your Medical Equipment Budget

From the January/February issue of HealthCare Business News magazine

By Al Gresch

With healthcare margins under constant pressure, and expense rates growing faster than revenue, hospitals are eager to save some of their $93 billion annual spending on medical equipment. According to some estimates, potential cost savings of between 12 and 16 percent can be missed due to a lack of accurate information, internal resources, bandwidth, and specialized expertise.

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