Section 179 can also allows medical facilities to take advantage of a one-time bonus depreciation of 50% for qualifying assets.
Louisville, KY (Vocus) July 28, 2009
With the economic recession still raging, many surgery centers and medical facilities are relying on financing to purchase medical equipment. DRE, Inc. — named a Company of the Year by Business First of Louisville — is helping eligible medical facilities acquire financing for healthcare equipment.
“DRE can help healthcare facilities acquire financing to purchase both new and professionally refurbished medical equipment,” says Justin Jeffries, DRE’s chief operating officer. “DRE provides additional savings to ailing healthcare facilities by selling professionally refurbished and factory-new equipment at prices below the cost of new name-brand equipment.”
According to Jeffries, the lagging economy is causing many people to postpone elective medical procedures, while some patients are unable to pay their healthcare bills. These factors can be financially damaging to a healthcare facility, reducing its ability to purchase needed medical equipment.
To help eligible medical facilities fill needs for medical equipment, DRE is making available financing options for the purchase of new and professionally http;//refurbished medical equipment.
“By filling out a one-page application, customers can get approval for financing in as little as two hours,” says Jeffries. “Our financing partner utilizes multiple funding options, helping customers find the best available rates and terms.”
Financing is available for a variety of medical equipment from DRE, including anesthesia machines, ventilators, surgery lights, electrosurgical generators and vital signs monitors, such as the DRE ASM 6000 Pro, a new multi-parameter monitor available with EtCO2, five-agent monitoring, and ascending and descending tones.
DRE also provides veterinary facilities with access to financing. DRE Veterinary has an extensive selection of veterinary-specific equipment, including anesthesia machines for use with animals of every size—from the DRE Compact Mini, a rodent anesthesia machine, to the DRE Titan, a large animal anesthesia system.
“The DRE Titan is extremely effective, easy to use and maintain, and very dependable,” says Patricia Hogan, VMD, ACVS, Director of Surgery at the Ruffian Equine Medical Center at Belmont Park. “I am so pleased with the Titan and the DRE service team that I have ordered two more Titans for the Ruffian Equine Medical Center at Belmont Park.”
DRE is also reminding its customers that the American Recovery and Reinvestment Act of 2009 has extended the Tax Code Section 179 benefits of 2008’s Economic Recovery Act. This could make 2008 an attractive year for medical facilities to purchase medical equipment, says Jeffries.
“For the 2009 income tax filing, a medical facility could utilize Section 179 to deduct as much as $250,000 in medical equipment put into use in 2009,” says Jeffries. “Section 179 can also allows medical facilities to take advantage of a one-time bonus depreciation of 50% for qualifying assets.”
DRE acknowledges that filing for Section 179 deductions requires financial planning. DRE does not endorse any tax filing method and recommends that medical facilities consult a financial adviser to confirm that filing for Section 179 deductions is appropriate.
DRE can help surgery centers, medical facilities and veterinary facilities acquire financing for equipment transactions of $5,000 or more. Financing options are available to customers in the United States and Canada only. Physicians and surgeons can learn more by visiting http://www.dremed.com.
About DRE, Inc.
DRE is a premier medical and operating room equipment supplier. DRE provides a combination of new and professionally refurbished or used medical equipment to industry professionals around the globe. For the second consecutive year, Business First of Louisville has named DRE one of the 50 fastest growing businesses in the Greater Louisville area. Business First of Louisville also named DRE as a Company of the Year.