How to Negotiate a Medical Devices Service Contract
A medical device service contract will cover the equipment after the warranty expires. Negotiating a service contract on a medical device is necessary when the equipment requires maintenance from a separate company. Many medical facilities have an employee who can repair equipment; however, certain devices need a specialist that does not work for the facility.
- Review the warranty that comes with a particular medical device. Try to determine how long the medical facility will use the device and then compare the length of service with the warranty. Purchase a service contract to cover the device from the time the warranty expires until the date the facility will discontinue using it.
- Contact the equipment vendor to negotiate the service contract. Decide what type of service the medical facility needs for the device. For example, some medical equipment does not require 24-hour service 7 days a week.
- Find out the cost of the service contract. One way to negotiate the contract is by requesting more frequent service. For example, if a service contract requires a specialist to perform maintenance once a month, you can negotiate to have it serviced twice a month.
- Negotiate the length of the service contract with the equipment vendor. If the service contract is for 2 years and you think the facility will use the device for 5 years, try to get a 5-year contract for the 2-year price. If the medical facility purchases a lot of equipment from the vendor, it is usually easier to get an extended service contract for a lower price.
- Include a cancellation clause in the service contract. Having a cancellation clause will allow the facility to save some money if the administrator decides the facility should stop using a device before the service contract ends. Make sure there is no penalty in the service contract for canceling it early.