Finance

Oncology Systems Finance

The issue

In today’s marketplace there is an ever increasing pressure on an NHS trust’s capital budget, but there is always a need and a desire to replace, upgrade, and improve medical equipment to stay at the forefront of the technology available in order to ensure the best possible patient outcomes.

Our solution

Oncology Systems Finance allows you to spread the cost of Oncology Systems equipment enabling the immediate acquisition, with no capital outlay required. Oncology Systems Finance is designed to support your procurement requirements with a straightforward and NHS compliant finance solution. Rental periods can be structured for up to 5 years and for NHS customers we can even defer the first rental payment by up to 12 months, enabling you to get the equipment you need now but with payments commencing in your new financial year.

Benefits

• Enables immediate acquisition of equipment
• No capital outlay required
• Aims to shift expenditure from capital to revenue budget
• Spread the cost of equipment for periods up to 5 years
• Fixed costs for easier budgeting
• 1st payment can be deferred for up to 12 months (NHS Only)
• Value for money alternative to outright capital purchase

End of term options

At the expiry of the Fixed Term Rental period there are various possible options:

For the NHS:

  • Use of the equipment can continue at a reduced secondary rental, for a period of your choosing
  • The equipment can be returned

For the Private Sector:

  • Ownership of the equipment can pass to your organisation for an agreed sum
  • Use of the equipment can continue at a reduced secondary rental, for a period of your choosing
  • The equipment can be returned

In the private sector the preferred option will normally be determined by your organisation’s accounting requirement.

Procurement made easy

When discussing your equipment requirements with your Oncology Systems clinical specialist, why not ask for an indicative rental quotation to be included with the equipment quotation. You may be pleasantly surprised by how cost effective the payments are, in addition to the many other benefits it offers.

Need more information?

We have a dedicated Oncology Systems Finance specialist who will be pleased to explain how this offering can work for you. For more information on how we can make it easier than ever to acquire the Oncology Systems equipment you need, please contact:

01743 462694

finance@osl.uk.com