Renting Medical Equipment Through Rentals MD
Rentals MD strives to offer a large selection of medical devices and a comprehensive rental program that will benefit healthcare providers. Below you will find important information on how our rental program works, why someone would want to rent vs purchasing equipment, and why you should choose Rentals MD over another provider. If at any time you have questions please give us a call; we are happy to work with you and in most cases can provide a simple solution for your specific need.
How Our Rental Program Works
Step 1
Select The Equipment You Need.
Let us know what you need. If you need something other then shown on our website please let us know as we can most likely supply it and can custom tailor a rental to your individual needs.
Step 2
Accept Pricing & Sign Contract.
Rentals MD will provide you with a weekly, or monthly price and rental contract. Simply accept the price quote and rental contract and send it back to us.
Step 3
Submit Payment.
Simply pay first the first month’s rent, security deposit (if applicable), and shipping costs. Once payment is received we ship out the equipment to you based on how quickly you need the equipment.
Step 4
Enjoy Using The Equipment.
The equipment is yours to use as long as you like. Once the minimum term is met you may hold on to the equipment as long as you need and will be billed on the billing schedule determined at the time of the rental (weekly or monthly).
Why Rent? The Benefits Of Renting.
Low Out Of Pocket Costs
Are you a startup? Over budget on an expansion? Need a piece of equipment but capital is better served elsewhere? A medical equipment rental may be perfect for you as it allows you to acquire the equipment you need with a low rental payment and small security deposit. Simply apply the rest of your capital to more demanding needs within your organization.
Try Before You Buy.
With a medical equipment rental, you can try out the equipment prior to buying and make sure you like/need it.
Add New Speciality With Low Start-Up Costs.
Get all the equipment you need to add a specialty to your office, clinic or surgical center without having to put out the full capital required when purchasing. Once the billing is in place and it makes sense to purchase simply convert the rental to a purchase with our buyout option.
No Maintenance & Service Costs
Never worry about maintenance & service costs during your rental as Rentals MD covers it during the rental period. If the equipment requires repairs Rentals MD will fix the equipment at no cost to you and pro-rate the rental fee based on the amount of time the equipment is out of service. If renting longer then 12 months Rentals MD will cover all annual maintenance costs as well.
Upgrade Any Time
With a rental your never stuck using outdated equipment. Once your minimum rental is met Rentals MD allows you to upgrade or switch out your equipment to newer a new model any time you like (shipping costs and rate change applicable).
Book As An Operational Expense
A rental can often be booked as an operational expense and therefore a tax write off (please consult with your accountant to verify this is applicable to your situation).
Why Rent From Rentals MD?
Earn Equity In Your Rental
With Rentals MD, we allow you to build equity in your medical equipment rental. As you rent you accrue 50% of each months rental towards the purchase of the equipment (up to 18 months worth) so that when the time is right you can convert your rental to a purchase.
Upgrade With Your Equity
While offering one of the largest % of equity, we also allow you to apply that rental equity towards the purchase of a newer/upgraded piece of equipment of equal or greater value. This allows you to get into a low cost rental to get established but then purchase the make/model of equipment you really want all while using your rental credits towards it.
Daily, Weekly and Monthly Rentals
Rentals MD offers daily (limited to location), weekly and monthly rental options to meet your specific needs. We also offer long-term contracts (6 months+). Minimums are dependent on equipment type and physical location as we do our best to make our rentals cost-effective and due to shipping costs, short term may not be applicable.
Competitive Pricing
Rentals MD is ultra competitive when it comes to rental pricing as medical equipment rentals are the main focus of our business unlike a lot of our competitors. If you come across better pricing simply let us know and we will meet or beat it.
Custom Rental Programs
While we have our standard rental programs we can all custom tailor a rental to meet your needs. If that means needing a lower monthly out of pocket cost or looking for a piece of equipment that’s not in our catalog we offer the flexibility to create a custom program that will work for you. Simply call us and let us know how we can help.
20+ Years Of Rental Experiance
Our staff members have over 20 years of medical device rental experience. This allows us to work with you to meet your needs and then exceed them. We can help position you with the equipment that will do the best job for you all while being cost effective.