Excedr’s leasing program is designed for labs. Request a lease estimate today and see how leasing can save you time and money.
Blood banks face the same challenges as many other clinical laboratories, which has shaped the direction of blood bank automation.
These challenges vary depending on geography but almost always include:
Furthermore, equipment and maintenance agreements can require a large initial capital outlay.
While automation has become increasingly necessary in today’s blood bank field—automation allows for higher-throughput, increased safety, standardization of results, and improved patient care—acquiring automated or semi-automated equipment can still pose a financial challenge.
Despite these challenges, blood banking and transfusion medicine facilities have succeeded in acquiring the analytical equipment they need to simplify and maximize workflows by taking advantage of our lab equipment leasing program. Through leasing, in vitro diagnostics facilities can improve efficiencies and streamline workflows during a time of significant workforce reduction and shrinking budgets.
Blood bank automation was introduced in the 1960s, and many modern transfusion departments have already moved to automated analysis. However, a large number of smaller laboratories and field sites still use manual methods. What are the advantages of automated blood banking?
Tube testing has traditionally been the gold standard for ABO/Rh blood grouping, as well as crossmatching, antigen typing, antibody screening, and antibody identification. However, this is increasingly less true of modern blood banks.
The disadvantages of manual analysis include labor-intensive work, reduced efficiency, repetitive processes, and a much lower safety record due to user error. Even small laboratories can benefit from automation, as it frees up technical staff for other tasks that better utilize their skills.
Advantages include:
Automatic crossmatching also reduces the risk of incompatibility due to user error or incorrect labeling of specimen processing.
Ultimately, the type of analyzer you choose depends on the testing requirements of your department and its budget.
Modern automated systems for the blood bank increase throughput and efficiency while lowering safety risks to transfusion recipients and reducing the potential for human error.
Molecular diagnostics may help improve the transfusion department’s safety further when used in conjunction with standard automated methodologies.
Our lease agreements are founder-friendly and flexible, helping you preserve working capital, strengthen the cash flow of your business, and keep business credit lines open for expansions, staffing, and other crucial operational expenses and business development opportunities.
Leases range from 2 to 5 years. Length will depend on several factors, including how long you want to use the equipment, equipment type, and your company’s financial position. These are standard factors leasing companies consider and help us tailor a lease agreement to fit your needs.
We don’t carry an inventory. This means you’re not limited to a specific set of manufacturers. Instead, you can pick the equipment that aligns with your business goals and preferences. We’ll work with the manufacturer of your choice to get the equipment in your facility as quickly as possible.
Bundle preventive maintenance and repair coverage with your lease agreement. You can spread those payments over time. Easily maintain your equipment, minimize the chances something will break down, repair instrumentation quickly, and simplify your payment processes.
At the end of your lease, you have multiple options. You can either renew the lease at a significantly lower price, purchase the machine outright based on the fair market value of the original pricing, or call it a day and we’ll come the pick up the equipment for you free of charge.
Our leases do not include loan-like terms, which can be restrictive or harmful in certain situations. We do not require debt covenants, IP pledges, collateral, or equity participation. Our goal is to maximize your flexibility. When you lease with us, you’re collaborating with a true business partner.
Our underwriting is done in-house. You can expect quicker turnaround, allowing you respond to your equipment needs as they arise. We require less documentation than traditional lenders and financiers and can get the equipment you need in operation more quickly.
