Understanding financing options for PACS implementation. Picture archiving and communication systems.
Publication/Presentation Date
5-1-2000
Abstract
The acquisition of expensive equipment such as picture archiving and communication systems (PACS) becomes increasingly difficult as capital budgets become tighter. Traditional ownership financing options in the form of direct purchase or financing (loan) have several limitations including technology obsolescence, higher fixed pricing, limited options for equipment disposal, and the need to tie up valuable capital. Alternative financing options, in the form of conventional lease and risk sharing arrangements, offer several theoretical advantages including technology obsolescence protection in the form of built-in upgrades, preservation of borrowing power, multiple end-of-term options, and payment flexibility (which can be directly tied to realized productivity and operational efficiency gains). These options are discussed, with emphasis on the acquisition of PACS.
Volume
13
Issue
2
First Page
49
Last Page
54
ISSN
0897-1889
Published In/Presented At
Reiner, B., & Siegel, E. (2000). Understanding financing options for PACS implementation. Picture archiving and communication systems. Journal of digital imaging, 13(2), 49–54. https://doi.org/10.1007/BF03168368
Disciplines
Diagnosis | Medicine and Health Sciences | Other Analytical, Diagnostic and Therapeutic Techniques and Equipment | Radiology
PubMedID
10843249
Department(s)
Department of Radiology and Diagnostic Medical Imaging
Document Type
Article