A high-quality diagnosis is what a medical laboratory needs to remain competitive and also help healthcare providers improve the quality of care. Advanced medical equipment is mandatory for timely and accurate diagnostic tests. Budget-constrained clinical laboratories are faced with the need to upgrade even in the face of rising laboratory equipment costs. A reagent rental program can solve the problem. This rental plan is widely accepted as an ideal option for laboratory professionals to improve their workflow. By tying the supply of quality lab equipment to Costs Per Test (CPT) performed, the Major Lab Equipment Suppliers plan is helping labs purchase advanced instruments without having to pay upfront.
Characteristics of a typical reagent rental program
This cost per test (CPT) plan is a commitment between the laboratory equipment supplier and a medical laboratory for a specified period of time. It works based on the minimum number of tests required to be performed each month on the instrument supplied under the plan. Laboratories can overcome their financial limitations as they have the flexibility to pay for tests on a monthly basis. The equipment distributor provides the laboratory with the required equipment in exchange for the reagent use guarantee for the stipulated period. The cost of the instrument and the cost of the lease are spread over the contract period.
Reagent rental programs improve laboratory efficiency
When we look closely at the healthcare industry, we can see that small labs with budget constraints are trying very hard to run lab operations and sometimes may have to suspend testing due to inefficiency in purchasing. of expensive laboratory equipment. With the introduction of the reagent rental scheme, this story is outdated. By making use of this plan, you can find many benefits that include the following.
- No large one-time payments
- Convenient monthly payments
- It is not necessary to take large bank loans for the purchase of equipment.
- Access to the latest technology without high capital investment
- Reduced costs per test on standard laboratory equipment
- On-site training at the time of installation
- The service can be included in the plan, saving on maintenance costs
- No issues related to outdated equipment
- Overall production efficiency with improved balances
The use of advanced equipment helps laboratories improve response time. It also allows them to help physicians improve patient care with accurate and timely diagnostic results.
A reagent rental plan includes the cost of the equipment, the cost of the lease, and the cost of each reagent. A trusted dealer would also include the service. All of this makes it a feasible option for laboratories looking to expand testing and research. Laboratory equipment stores now offer reagent-linked rental programs for advanced chemistry and immunoassay analyzers and other instruments from industry leaders such as Beckman Coulter, DPC/Siemens, and Tosoh. These fixes are helping laboratory professionals improve their workflow and efficiency without the need to directly purchase new medical laboratory equipment.