How Renting Medical Equipment Can Help You Optimize Your Company’s Utilization Rate

When it comes to providing first-rate patient care, using the latest technology plays a part in doing so. If your company uses ventilators to treat your patients with COPD or other respiratory illnesses, renting that equipment from a reliable HME provider will help you optimize utilization rates of your company’s owned assets. In this blog, we’ll cover how renting ventilators can help you optimize your company’s utilization rates.

Invest in Evolving Technology as It Comes Out

One of the biggest ways you can optimize your utilization rate is by renting the equipment you need instead of purchasing it. With the speed at which technology evolves, keeping up with the latest advancements can come with a hefty cost and can lead to older equipment collecting dust in storage. 

To avoid purchasing equipment that becomes obsolete and ends up unused, renting ventilators allows you to lease new or more up-to-date equipment than you’re presently using. This, in turn, increases your utilization rates because the units will be used by patients in need.

Get Only What You Need, When You Need It

When purchasing medical equipment, it can be hard to anticipate just how much you’ll need, especially when there is a shortage of equipment and a surplus of patients. With rentals, you can request only as much as you need and can easily check back in for additional rentals or end the lease when it is no longer needed. This provides a cost-effective solution to meeting the needs of your patients, so your equipment isn’t resting on the shelves, unused.

Greater Access to In-Demand Ventilators

With an influx in the number of patients needing ventilators, it can be a struggle to secure the correct amount of equipment. Trying to purchase large quantities of ventilators can be a stressful and significant financial decision that could result in the equipment remaining unused if there is too much of it or if you can’t find enough.

Working with a home medical equipment provider creates an easier avenue for securing high-quality ventilators for your patients on a rental basis by the day, week or month. This both lessens the financial burden on your facility as rental rates are a fraction of the cost of purchasing equipment outright, as well as ensures that the assets you acquire will be used by waiting patients. Consider looking into how much you could be saving on high-quality ventilators by renting instead of purchasing.

Rent Ventilators from a Reliable Source

With Trace Medical, you no longer have to worry about having the right tools to meet your patient’s health needs. Instead of purchasing equipment that isn’t cost-effective and will lose value over time as it’s replaced with newer technology, consider renting instead—so you can optimize your company’s utilization of owned assets while getting everything you need to take care of your patients—at a cost that will benefit you as well. Don’t hesitate to contact the experts at Trace Medical for your ventilator rental needs. Trace Medical’s entire team monitors the number of ventilators that are patient-ready, on-rent, and in service, by make and model, on a real-time basis to provide you with a seamless experience. Give us a call today at 888-627-0950 or visit our website.