How Leasing Medical Equipment Helps Small Practices

Small businesses face many challenges, not the least of which is obtaining the equipment necessary to run their organization smoothly and meet the needs of their clients. One of the most daunting concerns of small businesses is the state of ever-changing needs. From regulations that change from year to year to keeping pace with technology, nothing stays the same. This can be especially true for small medical practices. Leasing medical equipment can provide these businesses with several solutions.

Obtaining the necessary funding to purchase the equipment outright is often prohibitive and trying to do so puts many small businesses in a real financial bind. Fortunately, leasing that equipment provides a better way to obtain necessary equipment while maintaining financial viability.

The Ability to Compete with Established Practices

Leasing medical equipment allows small businesses to immediately compete with more established businesses without providing any reduction in the level of services available. Leasing tends to be completely financed, allowing smaller medical organizations to immediately provide the latest diagnostic treatment while avoiding reliance on outdated or unreliable equipment. This is particularly important as medical equipment becomes outdated; it can be updated to the newest equipment without penalty. In some cases, this also prevents the inconvenience of needing to find purchasers for the old equipment.


When leasing medical equipment, when a practice’s area of specialty or focus changes, medical equipment can be returned and replaced with equipment that better meets the needs of its clients. Additionally, the equipment can be updated or exchanged to meet best practice guidelines without adding risk to the business.

Priority Is Given to Client Care

Leasing medical equipment also allows business owners to worry about the things that truly matter: the needs of their clients. Providers do not want to worry about if or when their expensive medical equipment may fail. By leasing their equipment, medical providers are assured of immediate repair or replacement when equipment is faulty, allowing the provider to focus on the best care for their client.

Tax Benefits

Finally, there are many tax benefits to leasing versus buying medical equipment. Leases are not considered to be a purchase, therefore lease payments are considered to be an expense. Additionally, tax laws may give breaks to small businesses. Leasing, rather than buying equipment, may cause the business to be considered under a lesser tax bracket.

As small medical practices attempt to compete with larger businesses, leasing medical equipment is one method of doing business that offers multiple benefits. Success may be more likely when practices have the advantage of leasing their equipment.


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