How to decide whether to buy new medical equipment.

in primary care medicine, deciding how to invest a practice’s precious capital resources is becoming more difficult. Purchasing procedural medical equipment is something many physicians may consider, and sales representatives for the equipment can always make the investment sound enticing. But how do you really know if the investment will be beneficial to you – financially or otherwise? Whether you’re looking to purchase equipment for your own practice or you’re interested in convincing your employer to purchase equipment, this article will walk you through the decision-making process and provide you with tools to help you analyze the financial impact of such an investment. To illustrate how the decisionmaking process and analysis tools work, the potential investment in a flexible sigmoidoscope is used throughout the article as an example. Keep in mind, however, that the same process and tools can be used to evaluate any type of medical equipment.