Circular Economy of Medical Imaging

Orange County, CA - May 5th 2016 - It’s no secret that medical imaging machines and peripherals are expensive; they’re expensive to buy and expensive to replace or upgrade. But, they present so many benefits that the cost of not having the equipment will always outweigh the cost of the technology itself.

The nature of how the medical imaging industry works and its subsequent effects on the purchasing practices of healthcare providers is what 24x7 Magazine calls a manifestation of a circular economy. To see the cost-saving measures associated with full-scale adoption of the circular economy, however, healthcare providers must make lasting changes to their purchasing patterns.

Circular Economy of Medical ImagingThis type of economy is an alternative to linear manufacturing, in which resources are taken, made into products and consumed before being disposed of. In a circular economy, however, what would normally be considered waste is instead repurposed. To qualify as a circular economy, it requires adopting restorative and regenerative practices to the entire manufacturing process.

For instance, when considering if a CT system should be repaired, hospitals should also contemplate the value of investing in an upgrade and the possible profits that can be garnered from reselling and recycling its parts. The chart below shows how an end-of-life CT scan may be divided.

Last year, the American College of Healthcare Executives conducted a survey among 350 CEOs of community hospitals and found that, for the third consecutive year, financial challenges were the top concern of 2015. Closely following fiscal matters were taking care of patients and ensuring they receive quality care. This survey highlights something we already know; that healthcare providers are pushed to controlling costs although providing quality healthcare should be more crucial.

Usually, when medical imaging systems are down, entire rooms become obsolete and the whole hospital feels the brunt of halted processes. When a medical imaging system is broken, replacing it with a refurbished part may very well be the more cost-efficient method than seeking a repair.

Extending the lifetime of medical equipment in this way is a key factor in avoiding exorbitant costs. In fact, 24x7 reports that the refurbished medical equipment market is projected to be worth $9.37 billion in the next three years.

Ampronix’s service center is readily available to help clients find the best choice regarding both repair and refurbished products. With no-charge evaluations and 24 to 72 hour rush service available, our technicians are prepared to go the extra mile so clients don’t have to bear the burden of only being capable of offering limited services. Ultimately, we try to ease the process as much as possible because we know healthcare providers would rather be saving lives then dealing with technical issues.

Offering refurbished products allows us to have flexibility when helping clients find solutions to their technical issues. In addition to offering refurbished products for purchase, we also keep over 14,500 items in stock because it allows us to exchange equipment in a timely manner.

The more economic and environmentally conscious choice is a decision that healthcare providers ought to prefer. Mulling over repair versus harvested materials and refurbished parts are some ways in which the medical industry can move toward a true circular economy. As opposed to the “take, make, dispose” method that many sectors adopt to generate recurring sales, the medical industry should run intrinsically different—we should constantly strive to pioneer ways to refine and reform our enterprise.

Contact Ampronix:

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Email: info@ampronix.com 

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About Ampronix

Ampronix is a renowned authorized master distributor of the medical industry's top brands as well as a world class manufacturer of innovative technology. Since 1982, Ampronix has been dedicated to meeting the growing needs of the medical community with its extensive product knowledge, outstanding service, and state-of-the-art repair facility. Ampronix prides itself on its ability to offer tailored, one-stop solutions at a faster and more cost effective rate than other manufacturers. Ampronix is an ISO & ANSI/ESD certified facility. To learn more go here.

Circular Economy of Medical Imaging Orange County, CA – May 5th 2016 – It’s no secret that medical imaging machines and peripherals are expensive; they’re expensive to buy and expensive to replace or upgrade. But, they present so many benefits that the cost of not having the equipment will always outweigh the cost of the technology itself. […]