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Research and Markets Alternative Financial Solutions For Medical Technology...

May 13, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c17302) has announced the addition of Alternative Financial Solutions For Medical Technology Acquisition to their offering.



Healthcare providers are increasingly under pressure to provide a high quality of healthcare at the same time as adhering to high levels of cost containment. As healthcare spending increases, the need for containment of costs and the drive for efficiency in healthcare delivery become paramount. It has long been recognised that the shorter lifecycle of the more sophisticated medical device products means that continued innovation remains a prime factor in business success in this industry sector. The ingenuity of medical technology manufacturers and their ability to enhance the development of key products through utilisation of the latest scientific and technological advances means that the physician's "toolbox" is expanding.



The problem that Health Ministries in the developing world face is that payments for medical equipment, from commodity products through to products requiring high capital outlay, are harder to make. As this is an excuse that patients are unwilling to hear, Governments are seeking ways to purchase medical devices which offer the potential to lessen the burden on tightening budgets. There are signs that ever more healthcare providers are finding the solution to their problems through agreements with manufacturers offering alternative accounting systems.



This need for a partnership approach is a hand that has been forced on manufacturers of medical devices. These companies have found that even though customers want their products, and they have skimmed their profit margins down to the bare minimum, they have been unable to find strong markets for their products because of cost constraints. As a result of the pressures on the market a set of needs have developed.



This latest strategic publication 'Alternative Financial Solutions for Medical Technology Acquisition' provides:

- An analysis of the benefits and advantages of various financial services and programs deployed within the medical devices and diagnostics industries: financial leasing, fee per procedure, fee per use programs

- Case studies reviewing financial services offered directly by Medical Devices and Diagnostics companies

- Current trends, developments and potential opportunities in medical equipment leasing market

- Legislation and regulatory issues in the US and key European countries

- The recommended approaches to lease financing in the US and key European markets



The report is an invaluable resource illustrating, as it does with regularity throughout, how major, middle-tier and smaller medical device manufacturers can gain competitive advantage by developing profitable financing businesses. It is targeted at medical device companies and financial institutions that wish to enter and exploit potential in this sector or who are currently reviewing existing financial programs.



For more information visit http://www.researchandmarkets.com/reports/c17302



Laura Wood

Senior Manager

Research and Markets

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