Financial Tools

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The following calculators are designed to help you analyze data that will play an important role in your medical device or healthcare technology selection decisions.

Comparative Life-Cycle Cost Analysis Calculator
Use this calculator for a side-by-side comparison of up to five high-cost alternatives or to determine the net positive or negative value of a single alternative. Assess the cost-effectiveness of lease of rental options versus purchase.

Paid Off Point Calculator
This calculator allows you to determine the number of procedures you would need to perform in order to reach a break-even point on your equipment purchase. Your equipment is "paid off" when your revenue is exactly equal to your costs.

Utilization Calculator
Determine how efficiently you are utilizing your current equipment and whether an alternative is required.

Financial Tools are a component of our SELECTplus membership.