The average American hospital barely breaks even, with the median operating margin for hospitals dropping from 3.4% in 2015 to 2.7% in 2016 (Source: Moody's Investor Service). As revenue collected from patient care falls short of funds required to spend on staff, equipment, and infrastructure, controlling expenses is becoming more important than ever in the quest for profitability.
As the costs of healthcare continue to escalate for the vast majority of Americans and new government programs attempt to reduce the ranks of the uninsured, controlling the expenses associated with providing quality healthcare has become more important than ever. As many hospitals and healthcare providers have found, a critical element of this strategy is to cut the costs of acquiring and managing diagnostic, therapeutic, information, and communication systems.
Where these state-of-the-art technologies and systems previously provided a competitive edge while generating profits, high-tech equipment has now become a major cost center. However, by searching out creative approaches to equipment acquisition, management, and disposition, many healthcare providers have found they can reduce the real cost of delivering services, while ensuring that the right technology is available to better serve patients.
FFCI offers a wide variety of solutions for the acquisition, management, and disposition of diagnostic imaging equipment, specializing in technologies and modalities that include:
- Cardiac monitoring
By leveraging the reconditioned equipment inventory of FFCI, our clients can ensure that they have the right technology available to better serve their patients, while at the same time dramatically reducing their overall costs of delivering patient care.
Looking to dispose of surplus or outdated diagnostic imaging or IT assets? With deep expertise in medical technology and IT infrastructure equipment solutions, FFCI is constantly procuring, refurbishing, and remarketing diagnostic imaging and IT equipment for its customers, or on behalf of our various vendor or trading partners.
With constant price fluctuations in the used market and tighter vendor recertification policies, it’s imperative to remarket off-lease or customer-owned equipment expeditiously. FFCI, through its retail sales force and extensive broker network, has a reputation is a leader in the remarketing of IT and medical equipment on a global basis.
Financing of new and reconditioned technology marketplace not only keeps FFCI tuned into the used marketplace, but it also compliments our remarketing and portfolio management efforts by keeping us continually updated on pricing and future trends in the IT arena.
Supported by our equipment acquisition, refurbishment, and trading operations, FFCI maintains a real-time database on the features, configurations, and prices on a wide range of new and reconditioned diagnostic imaging equipment.
We then utilize this data to benchmark the configurations and prices our clients are seeing on new equipment against those that FFCI is seeing across the entire market, helping them procure the right technology, at the right time, at the right price.
Furthermore, our leasing and remarketing efforts also help FFCI keep its clients abreast of current pricing and future technology trends in the IT and diagnostic imaging equipment arenas, allowing us to respond quickly with smart, practical solutions tailored to the unique business needs and financial objectives of each client.