Research from GE Capital finds that asset financing is on the rise across international healthcare providers, in both public and private hospitals.
One third of all public hospitals around the world will look at leasing options the next time they plan to buy equipment, followed by traditional banks (30%), and specialist medical lenders (25%).
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GE based their research on responses from 382 hospital managers across Germany, France, Italy, Japan, Switzerland, Spain, Australia and the UK.
Hospital decision makers were surveyed from public, private, and non-profit hospitals and had to have sole or shared decision-making authority over the purchasing of equipment and services for their hospital; data was collected via a self-administered online survey, and GE Capital was not mentioned as the research sponsor.
GE’s report shows 43% of hospitals employed financing tools, such as asset finance to fund purchases of equipment last year, with seven out of every ten hospital decision makers likely to use the same or more financing as the previous year for future investments.
The report said 18% of the managers expected to fund more than 60% of their equipment spending with financial tools.
Among private hospitals, banks appear as the preferred financial partner (42%), followed by specialist lenders (29%), and leasing providers (26%).
Jean-Michel Malbrancq, president and chief executive of GE Healthcare, Europe said: "We see an interesting trend developing around solutions-based financing such as the managed equipment services model, which is already popular in the UK and Australia. We see this as likely to continue to grow as new market demands place ever more pressure on hospital managers to do more with less."
