Modern medical practice uses technology liberally, and you may need to buy quite a lot of medical equipment, depending upon your area of specialisation. Since this equipment can be quite expensive, it is important that you have a system to maximize the cost-effectiveness of the equipment you purchase. You are likely to be faced with lots of options, including: What to buy ? When to buy ? New ? Second hand ? How to raise the money ? Buy ? Rent ?
Lease ? Imported ? Indian ? and you must do your research well. Don't buy a major equipment item without a cost-benefit analysis. You'll need to make assumptions about anticipated patient load and the cost of delivering the service, but don't shy away from the work. Uptil now, most medical equipment needed to be imported and doctors were forced to buy what was available. After sales service was usually poor and doctors often smuggled in medical…
