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Understanding Capital Equipment Total Cost of Ownership

The TCO – total cost of ownership – approach for your health organization’s capital equipment planning enables you to increase efficiency and decrease costs, by planning for all costs and options associated with your capital equipment throughout its lifecycle. A multi-disciplinary TCO team should focus upon ways to maximize e life of your equipment.

TCO is a methodology used for comprehensive lifecycle planning to ensure that all associated costs over a given time period are considered when acquiring an asset.

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