Financial Analysis of Technology Acquisition Using Fractionated Lasers as a Model
The objective of this study was to provide a methodological framework for physicians to evaluate ROI. To facilitate this analysis, we conducted a case study on the potential ROI of eight ablative fractional lasers. In the base case analysis, a 5-year lease and a 3-year lease were assumed as the purchase option with a $0 down payment and 3-month payment deferral. In addition to lease payments, service contracts, labor cost, and disposables were included in the total cost estimate. Revenue was estimated as price per procedure multiplied by total number of procedures in a year. Sensitivity analyses were performed to account for variability in model assumptions. Based on the assumptions of the model, all lasers had higher ROI under the 5-year lease agreement compared with that for the 3-year l…
Posted by admin Date: Thursday, July 29, 2010
Categories: plastic surgery
Tags: ablative, analysis, base, base case, case, case analysis, cost, cost estimate, deferral, disposables, framework, lasers, lease, lease agreement, methodological framework, model, model assumptions, month, objective, option, payment, payments service, purchase, purchase option, ROI, sensitivity analyses, service contracts, study, variability, year
Financial Analysis of Technology Acquisition Using Fractionated Lasers as a Model
The objective of this study was to provide a methodological framework for physicians to evaluate ROI. To facilitate this analysis, we conducted a case study on the potential ROI of eight ablative fractional lasers. In the base case analysis, a 5-year lease and a 3-year lease were assumed as the purchase option with a $0 down payment and 3-month payment deferral. In addition to lease payments, service contracts, labor cost, and disposables were included in the total cost estimate. Revenue was estimated as price per procedure multiplied by total number of procedures in a year. Sensitivity analyses were performed to account for variability in model assumptions. Based on the assumptions of the model, all lasers had higher ROI under the 5-year lease agreement compared with that for the 3-year l…
Posted by admin Date: Thursday, July 29, 2010
Categories: plastic surgery
Tags: ablative, analysis, base, base case, case, case analysis, cost, cost estimate, deferral, disposables, framework, lasers, lease, lease agreement, methodological framework, model, model assumptions, month, objective, option, payment, payments service, purchase, purchase option, ROI, sensitivity analyses, service contracts, study, variability, year