Purchasing New Equipment? Ideas and Suggestions from A.M. Bickford

Purchasing a new anesthesia machine and vaporizer is a complex decision that requires careful consideration of finances, the features of the machine, and maintenance. By taking the time to evaluate these factors and working with A.M. Bickford Inc., you can select the anesthesia machine and vaporizer that best meets your hospital’s needs.

A.M. Bickford’s equipment is reliable and effective and will support safe and surgical procedures for years to come. We are a small family business and the equipment carries our family name. For assistance, feel free to call our team at 1-800-795-3066. FINANCIAL CONSIDERATIONS The equipment cost is a key factor in your decision. The price of anesthesia machines can vary significantly depending on the features and accessories. Be sure to select a machine that fits your hospital’s budget.

• Research anesthesia machines and talk to trusted advisors.

• Understand the total cost of ownership. Factor in the additional accessories included with the purchase or needed to use the machine.

Once you have completed your research and established your budget, consider how to pay for the anesthesia machine and vaporizer. Paying with cash (by check or with a terms account), credit card, or finance options each have advantages and disadvantages. Consider which option will work best for you and your preferences, spending habits, financial situation, and personal financial goals.

• Paying with cash can help you to stick to a budget and be disciplined on financial decisions. But once you pay, the money leaves your account right away.

• Credit cards are convenient and transactions happen faster. However, you risk paying additional monthly interest charges.

• Financing allows buyers to spread their payments over a longer period of time. But it can be expensive, as it often involves interest rates, monthly payment plans, and other fees that can add up quickly.

Finally, take advantage of Section 179 tax code during tax season.

• This tax code lets businesses immediately deduct the full purchase price of certain qualifying property and equipment.

• For more information,visit the IRS website or work with your financial advisor.