Physical Therapy Equipment Leasing: 7 Benefits
Physical therapy is an essential component of healthcare, helping individuals recover from injuries, surgeries, chronic conditions, and more. As a physical therapy facility owner, it is essential that you provide the best care and equipment for your patients. The most essential equipment can be a substantial financial investment, which is why many physical therapy clinics and practitioners are now turning to leasing as a practical alternative to buying equipment outright. In this blog, we’ll explore seven significant benefits of leasing physical therapy equipment instead of outright paying full price.
Cost-Efficiency
One of the most apparent advantages of leasing physical therapy equipment is the cost savings it offers. Purchasing high-quality equipment can be very expensive, especially for small clinics or newly established practices. Leasing allows you to spread out the cost over a period of time, making it more manageable for your budget. You can allocate your capital to other essential aspects of your practice, such as hiring skilled staff or expanding your services.
Access to State-of-the-Art Equipment
As a physical therapy facility owner, you know that the field of physical therapy is continually evolving, with new technologies and equipment emerging regularly. Leasing your equipment allows you to have access to different types of equipment. You are able to provide your patients a number of different options for their physical therapy needs.
Flexibility & Customization
Leasing provides you with the flexibility to customize your equipment choices to suit your specific needs. Whether you require specialized equipment for a particular type of therapy or a broader range of options for a diverse clientele, leasing allows you to adapt your equipment inventory as necessary. This adaptability is beneficial as patient demographics and treatment trends change over time.
Predictable Expenses
When you lease equipment, your expenses are predictable and consistent. Monthly lease payments are fixed, making it easier to budget for your practice. Unlike owning equipment, you won’t have to worry about unexpected maintenance costs or repairs. Many leasing agreements include services and maintenance as part of the package.
Tax Benefits
Leasing may offer your business significant tax advantages. In some cases, lease payments can be fully deductible as a business expense, reducing your taxable income. This can result in substantial savings during tax season.
Minimal Initial Investment
Leasing typically requires a lower upfront investment compared to purchasing equipment outright. This reduced initial financial burden can be beneficial for practices that may have limited resources. Leasing allows you to acquire the necessary equipment and start providing care to your patients sooner.
Improved Cash Flow
Leasing allows you to preserve your working capital and maintain a healthy cash flow. Instead of spending all of your funds on large equipment purchases, leasing allows you to allocate your capital to other operational expenses, marketing efforts, staff training, and patient outreach. This flexibility can help your practice grow and thrive.
New Solo-Step Leasing Program
We are excited to introduce the new Solo-Step Overhead Track and Harness System leasing program. The Solo-Step Overhead Track System is an aluminum track system that connects to your ceilings upper structure. A harness connects the patient to the ceiling to prevent dangerous falls and injuries.
The new Solo-Step leasing program is designed to meet your facility’s unique needs and exceed your expectations. Our new leasing program offers a number of benefits, including a complete system warranty, included Solo-Step installation, and affordable leasing plans starting at $250/month.
Leasing Plans as Low as $250/Month
Our low monthly leasing plans allow you to keep your patients protected at a fraction of the cost. Whether you’re looking for a system to fit a smaller therapy space or a larger facility, our leasing plans can be completely customized to meet your facilities budget.
Plans start as low as $250/month and can be customized based on the length and shape of the overhead track system, as well as the number of patients using it. The Solo-Step Overhead Track System has been proven to work with various different patient types, including:
- Amputees
- Adaptive athletes
- Vestibular disorders
- Geriatrics
- Bariatrics
- Pediatrics
- Neurological disorders
- Anyone at risk of falling
Included Solo-Step System Installation
In some cases, the cost of installing an overhead track system can be more than the system itself. Our new leasing program allows your facility to install a Solo-Step Overhead Track System with no installation costs. (A start-up fee may still apply.)
The Solo-Step Overhead Track System can be installed in virtually any ceiling type, including:
- Dropped ceilings
- Open ceilings
- Drywall ceilings
- Cement
- Wood-Truss or metal beams
Full-System Warranty
Your new Solo-Step Overhead Track System will be fully covered for the life of the leasing period. Need to replace a lanyard? We’ll send you a replacement. Need to exchange your current harness for a different size? We’ll get you the size you need!
From the beginning of your leasing period to the end, your warranty will cover:
- The Solo-Step Aluminum Overhead Track System
- Lanyard & Trolley
- Harnesses
- Spreader Bar
- Other accessories
Leasing physical therapy equipment offers numerous advantages over buying, including cost-efficiency, access to state-of-the-art technology, flexibility, predictable expenses, tax benefits, a lower initial investment, and improved cash flow. By choosing leasing, physical therapy clinics and practitioners can enhance their patient care capabilities while maintaining financial stability and flexibility. Consider exploring leasing options for your practice to reap these benefits and ensure you can provide the best possible care to your patients.
For more information about the Solo-Step Overhead Track System, click here!