Justifying Equipment Purchases Using Reimbursement Data
Major decisions about equipment purchases have significant impact on a practice. Done properly, with appropriate consideration of goals, utility and affordability, new equipment adds substantial value. This webinar provides attendees with a systematic approach for making these major decisions. You learn a practical method to systematically weigh: expected payment rate for the procedure, frequency of the procedure, financing cost, depreciable life, warranty expense, space requirements, staff labor cost, and supply expenses. With experience, your capital budgeting decisions are better, more nuanced, and accurate. Because equipment rapidly loses value and functionality, you are frequently called on to make these decision. Attend this webinar and learn how to make smart choices.
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