Ophthalmology Equipment Leasing

Excedr - Ophthalmology Equipment

What is Ophthalmology?

Ophthalmology is the field of medicine dedicated to studying, diagnosing, and treating the eye. It’s a practice that has been well-documented since ancient times, with the first references to eye care coming from the ancient Babylonians in 2250 BC. Since its earliest forms, ophthalmology has undergone many developments and innovations. The results have provided us with the ability to take better care of our sight.  

Ophthalmologists—physicians specializing in ophthalmology—diagnose, treat, and monitor their patients using medical methods and techniques, such as eye examinations, laser therapy, prescribed medication, and surgical procedures. They may also participate in academic research on the eye and its conditions and disorders.

Optometrists, another type of medical eye doctor, also perform various tests and examinations to determine the condition of a patient’s eye and its overall health.

Ophthalmologists and optometrists support their work using ophthalmic medical equipment, including digital phoropters, automated refractors, automated perimeters, slit lamps, retinal scanners, visual field test equipment, various surgical systems and instruments, and much more.

Why Lease Ophthalmology & Optometry Equipment?

While purchasing equipment outright is a viable option for outfitting your laboratory or practice, it isn’t the only option. In fact, it’s an option that can become very expensive. For new businesses and early-stage ventures, procuring or replacing your equipment can be difficult when you’re constrained by initial costs or a limited budget. 

However, leasing the latest technology isn’t only for companies with limited capital. It’s beneficial for types of ophthalmic labs and practices in all different stages of their business. While newer companies more commonly need leasing to preserve their capital, we also help middle- and large-sized companies on the opposite end of the spectrum.

For example, larger companies can benefit from our operating lease structure when they have a limited capital expenditure (CapEx) budget. Maybe the business needs to get new equipment in-house for exploratory research instead of meeting existing goals.

So no matter what position your company is in, leasing might still be an excellent financing option you may have not yet considered. Leasing with us can solve the issues of down payments on expensive technology, as well as an assortment of other pain points you may already have to deal with regarding equipment acquisition, including equipment obsolescence.

Excedr provides ophthalmologists and optometrists with a solution.

We offer a comprehensive selection of ophthalmology equipment leasing options tailored to fit the needs of any ophthalmology practice or lab. Our goal is to help you acquire the instruments and systems you need without making significant capital expenditures, which can potentially hamstring your ability to functionally operate. 

Ophthalmology is all about keeping your patients healthy and happy, and we are too. Want to learn more about leasing ophthalmic equipment? Start by checking out our slit lamp leasing page.

The Advantages of Excedr’s Leasing Program:

  • Eliminates the upfront cost of purchasing equipment by spreading its cost over time
  • Minimizes equipment downtime with included complete repair coverage and preventive maintenance
  • Takes advantage of potentially 100% tax deductible* payments, providing you significant cash-savings
  • Expedites the administrative work needed for instrument procurement and logistics
  • Conserves working capital,  enabling you to reinvest in your core business and operations (staffing, inventory, marketing/sales, etc.)
  • Accommodates all manufacturer and model preferences

*Please consult your tax advisor to determine the full tax implications of leasing equipment.

Ophthalmic Equipment Leasing Solutions

Automated Perimeter Systems

A person’s visual field is the entire area they can see when looking at one fixed position. To test a patient’s eyesight and pinpoint issues, a visual field test is conducted using a technique called perimetry. Perimetry is used to detect, diagnose, and monitor a range of retinal, optic nerve, brain, and other various eye conditions and disorders in ophthalmology using a device called a perimeter. This is accomplished by projecting stimuli at different locations throughout a person’s visual field. Sensitivity to these stimuli is then recorded and measured. This data can then help determine a diagnosis. 

Learn More About Automated Perimeter Systems

Corneal Topographers

Corneal imaging is an incredibly important aspect of ophthalmology. To analyze the cornea, corneal topography is applied. This is a non-invasive, computer-assisted imaging technique used for characterizing the surface curvature of the cornea, or the outer structure of the eye. It creates a detailed three-dimensional map of the anterior and posterior corneal surfaces which can show irregular conditions of the cornea which would otherwise be invisible with more conventional testing.

Learn More About Corneal Topographers

Fundus Cameras

Retinal imaging is an incredibly important part of determining and monitoring a person’s overall ocular health. Using the proper equipment can lead to early treatment and successful tracking of retinal pathologies. 

Learn More About Fundus Cameras

OCT Systems

Ophthalmologists use optical coherence tomography (OCT), an optical tomographic technique,  to perform non-invasive, high-resolution imaging of the macula, cornea, and optic nerve using an OCT machine. This machine is also capable of imaging both the anterior and posterior segments of the human eye. The mechanisms of an OCT machine are similar to an ultrasound, however, light waves are used instead of sound waves. 

Learn More About OCT Systems

Phoropters

Probably the most recognizable device in an optometrist’s office is the phoropter, also known as a refractor. The phoropter is a testing device that uses a variety of different lenses to determine what specific eyeglass prescription a patient needs. A person’s visual acuity is determined by first calculating the patient’s refractive error. 

Learn More About Phoropters

Slit Lamps

In ophthalmology being able to clearly look into a patient’s eyes is absolutely vital to properly diagnosing their issues. Optometrists use a device known as a slit lamp to perform detailed eye exams. Using both a specialized microscope and high-intensity light source, slit lamps are important tools in examining the various areas of the human eye such as the anterior segment and posterior segment. 

Learn More About Slit Lamps

Ophthalmology Equipment Leases to Fit Every Need

Operating Lease Benefits

Operating leases make it easier to keep pace with technological advances in your field. The monthly lease payments can often be lower than monthly financing payments, and may be 100% tax deductible as well, yielding additional cash-savings. Furthermore, when you lease, you avoid the hefty upfront payments required when buying equipment with cash or a loan.

Sale-Leaseback Options

If you recently bought equipment, Excedr can offer you cash for your device and convert your purchase into a long-term rental. This is called a sale-leaseback. If you’ve paid for equipment within the last ninety days, we can help you recoup your investment and allow you to make low monthly payments. This also frees up money in your budget rather than tying it down to a fixed asset.

Operating Capital Benefits

Operating Capital Benefits

Excedr's operating lease structure allows you to keep your business credit line open for expansions, staffing, and other operational expenses. Additionally, it strengthens the cash flow of your business and keeps cash reserves free for business development opportunities.

Effects on Credit

Effects on Credit

Leasing / renting provides you with non-dilutive financing and does not hinder your future borrowing ability. You're able to acquire the equipment you need without the baggage associated with traditional financing.

Used Equipment

Used Equipment

Unlike traditional financing and leasing companies, the Excedr program can accommodate refurbished/reconditioned equipment in addition to demo units. If you are looking for additional cost-savings, we recommend considering this option.

Speed of Approval

Speed of Approval

Excedr's program allows you to respond quickly as your need for equipment and technology arises. You can be approved with minimal documentation and have the equipment you need in operation and generating revenue for your business quickly.