DOTmed Industry Sector Report: Leasing and Finance in Medicine

by Kathy Mahdoubi, Senior Correspondent | December 10, 2009

Financing will become all the more important for hospitals looking to expand their imaging services and for imaging centers as CMS reimbursement cuts and scarce cash flows continue. "It's a tough road ahead," says Alan Ross of Quail Equipment Leasing and Quail Capital, a diversified equipment finance organization offering leasing and finance for a range of industries.

"Because credit criteria have tightened up, those who are seeking financing should expect to provide more complete financial disclosure and detailed support for any projections," he says.

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As the economy attempts to recover from the slurry of unfortunate events these past few years, banks as well as OEMs and leasing companies are going to be scrutinizing portfolios and credit ratings more and more, but money still flows in the medical equipment market and will continue to do so as long as there are people in need of health care treatment.