Discuss the advantages and disadvantages of lease versus purchase.Healthcare organizations face the challenge of acquiring capital to finance equipment purchases. Capital Assets—Lease versus Purchase Analysis

Discuss the advantages and disadvantages of lease versus purchase.Healthcare organizations face the challenge of acquiring capital to finance equipment purchases.
Capital Assets—Lease versus Purchase Analysis

Review the following scenario:

Healthcare organizations face the challenge of acquiring capital to finance equipment purchases. As the Director of Rehabilitation Services in a hospital outpatient clinic, you have identified the need to acquire new isokinetic exercise equipment. You are preparing a briefing for the Assistant Administrator to discuss lease options versus purchase options for an exercise equipment system that would cost $25,000 to purchase. The useful life of the equipment is 5 years.

Based on your analysis of the scenario, the module readings, Argosy University online library resources, and the Internet, address the following:

Describe different leasing options.
Discuss the advantages and disadvantages of lease versus purchase.
Make a decision about lease or purchase and present that option to the Assistant Administrator.
Summarize the central factors that shaped your decision to recommend lease or purchase.
Write a 3–5-page report in Word format. Utilize a minimum of 2–3 scholarly sources in your research. Your paper should be clear, concise, and organized; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation. Apply APA standards to citation of sources.


 

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