Medical Equipment Upgrades, Expansion a Priority in 2015

Medical Equipment Upgrades, Expansion a Priority in 2015

Published in Equipment Finance Advisor

While practice improvements and expansion are on the agenda for many M.D.’s, there are concerns about reduced reimbursements. The majority (62 percent) identified reduced reimbursements as the greatest challenge their business will face in 2015. Economic conditions presented noticeably less of a concern (21 percent), as did competition (11 percent).

“Despite concerns about reimbursements, we’re witnessing an appetite for upgrading among physicians,” said Justin Tabone, General Manager for EverBank Commercial Finance’s Healthcare business. “While the Affordable Care Act has introduced an element of uncertainty for some M.D.’s, financing presents a strategic capital expenditure option for equipment acquisition challenges.”

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