ROI

One of the most common measures of profitability, which can indicate whether spending money on a CT, MRI, and/or PET/CT program is a good use of your facility's resources, is ROI (return on investment). It is calculated by dividing net income by the cost of the investment. Net income can be approximated by looking at the demand, payer mix, and utilization rate for various CT, MRI, or PET/CT procedures in your market and estimating your revenues. The investment number includes the cost of the equipment under each financing option, and also the cost of running the program (including the costs of staffing, marketing, any needed construction, and administration). Given the number of variables contributing to the ROI calculation, changing the structure of your proposed program can increase your return on your investment.

When looking to add CT, MRI, and/or PET/CT either as a brand new technology to your facility or as a supplemental service, there are a number of questions to answer, such as:

  • purchase or lease
  • monthly fee or fee per scan
  • facility staffed unit or staffed by Shared Medical Services 
  • mobile, parked, modular, or in-house system

When working through the process of determining what solutions are best for your facility, consideration should be given to:

  • reasons for adding the modality, including how the program supports or contributes to your facility’s overall mission
  • equipment selection
  • procedures
  • logistics
  • demand
  • management
  • staffing
  • marketing
  • financial analysis

Or you can eliminate many of these steps by simply contacting Shared Medical Services (SMS).

For over 25 years SMS has been assisting facilities in determining the best solution for new state-of-the-art equipment. The SMS executive staff has a combined average of over 17 years each with SMS, and our Regional Operations Managers each have a combined average of over 10 years experience with SMS. This experience and knowledge gives our partners (clients) the resources and expertise to be confident in their decision when choosing Shared Medical Services as their CT, MRI, and/or PET/CT provider. (See testimonials)

Contact Shared Medical Services today to discuss your CT, MRI, and/or PET/CT options. One of our team members will walk you through our proven process and help create a successful program for your facility.

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With our 25 years of experience, our team is committed to you, our clients, so you can be provide the best service to your patients.