Up-to-date diagnostic equipment 'key' to overcoming healthcare sector challenges

As hospitals focus on preventative measures, new funding options are needed to buy diagnostic imaging equipment

  • Research from Siemens Financial Services estimates costs of updating diagnostic imaging equipment
  • Minimum standards in diagnostic imaging ‘crucial’ to preventative care strategy
  • Smart finance solutions ‘key’ to enabling urgent acquisitions

Siemens Financial Services (SFS) has released a new research report that highlights the importance of meeting minimum standards in diagnostic imaging across the globe.

With healthcare systems around the world under financial pressure, strategic attitudes to healthcare management are focusing on preventative measures.

Diagnostic imaging is a strategic contributor to preventative medicine and streamlined acute and chronic treatment, and offers clear return-on-investment.

The study estimates the cost of replacing 10+-year-old diagnostic imaging equipment in 13 countries.

The research identifies current equipment implementation rates, even though many countries have low access to diagnostic imaging technology.

The increasing financial pressure faced by healthcare organisations means sustainable and affordable ways have to be found to acquire the necessary technology

In India, the costs are estimated at 2,105 million euros given the country’s large population and reduced access to the technology while comparatively in Finland’s costs are estimated at 74 million euros.

The research also identified the financing techniques that leading healthcare institutions are using to make these acquisitions economically feasible.

The increasing financial pressure faced by healthcare organisations means sustainable and affordable ways have to be found to acquire the necessary technology.

Healthcare chief finance officers in each of the countries surveyed are drawing on a wide range of sources and techniques to maximise their access to finance and to find the most-appropriate financing solution for their particular needs.

Smart finance - such as leasing and renting-based packages – is seen as particularly important to healthcare organisations’ ability to manage change

Smart finance - such as leasing and renting-based packages – is seen as particularly important to healthcare organisations’ ability to manage change.

“Acquiring up-to-date diagnostic technology is now an urgent concern for healthcare organisations working with obsolete models,” said Chris Wilkinson, head of sales for healthcare and public sector at Siemens Financial Services in the UK.

“These upgrades are essential as part of strategic healthcare management and, under current financial pressures, smart financing techniques are recognised as key to enabling these acquisitions.”

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