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REGION: UNITED KINGDOM
HEALTHCARE TECHNOLOGY

EFFECTIVE EQUIPMENT MANAGEMENT - FLEXIBLY FINANCED

Bespoke financial solutions with your best interests at heart.

Tailored solutions to fit your healthcare budget perfectly

Trying to find a balance between having the latest healthcare equipment whilst effectively managing your budget is an all too real problem for many hospitals within the UK. Here at CHG-MERIDIAN we aim to help our customers acquire today’s healthcare technology with tomorrow’s budget. How exactly do we achieve this? Using our expert knowledge, we can help you realise the options available to you. Our flexible, creative financial solutions is the heartbeat behind everything we do. However; we are more than just a finance company who simply provides you with an interest rate. We want to understand your business, your pain points and ultimately provide you with a full solution package that covers the entire asset lifecycle.

Our Services

  • Bespoke Financial Solutions – Customised solutions to match your situation
  • Asset Management (TESMA®) – Stay in control of your assets
  • Remarketing – Full remarketing service including: deinstallation, collection, certified data erasure & environmentally friendly disposal of old equipment
  • Expertise – We understand healthcare assets & your business

Flexible, creative financial solutions

Our approach to flexible finance across the markets will typically be based on one of the following solutions:

Operating Lease

An operating lease is one of the most common types of agreements our customers take advantage of. An operating lease allows for the use of an asset but the lease term is short compared to the useful life of the asset. As a result, we take a residual value on the asset meaning the sum of the rentals will be typically less than the original capital cost.

Finance Lease

A finance lease is another common lease agreement our customers can utilise. A finance lease is typically a full pay out agreement, this means that the sum of the rentals includes the full capital cost of the equipment, plus the interest accrued. In this sense a finance lease works in very much the same way as a loan i.e. you will normally fully pay out the cost of the equipment during the lease period.

Sale and Leaseback

Raise capital budget and unlock the value of existing equipment. This model allows you to sell your existing assets that you own and lease it back in either an operating or finance format.

Pay Per Use/Scan

Under this model, the overall cost of procuring and using the medical equipment is broken down by individual case of treatment by dividing the rental by the pre-determined minimum number of uses.

Managed Equipment Service (MES)

Benefit from the latest healthcare technology with an always on solution that includes a guaranteed equipment uptime, regular maintenance and equipment/consumable replacement for a known fixed annual fee.

Deferred Payments

Acquire your equipment today and defer payments to the following financial year. The perfect solution for those customers who require an urgent supply of equipment but don’t have the necessary capital for the current financial year.

Stepped Payments

Structure your payments to align with the income you receive for your patient service.

Example Rental Payments
Year 1: £50,000 Year 2: £55,000 Year 3: £60,000

Why choose CHG-MERIDIAN

We like to see ourselves as a little bit different in the way we approach the healthcare sector. We aren’t bound to any banks, manufactures or service providers, as such we can offer a unique customer experience all from a single source. We strive to differentiate ourselves with our products and added value services. Our customers rely on our impartial, expert advice to help support them in managing their technology lifecycle. Efficient Technology Management® - this is what we offer, this is what we deliver.

Benefits at a glance:

  • Lifecycle Refresh Programme – A CHG financing solution provides a natural conclusion for your assets and presents a perfect opportunity to implement a replacement programme
  • Accurate Projections – Our financing solutions allow you to accurately forecast which equipment needs to be replaced up to 12 months before the agreement end allowing you to easily plan your equipment replacement requirements
  • Lower Maintenance Costs With a regular refresh cycle in place you can be sure your technology is up-to-date and therefore less likely to breakdown – resulting in less downtime for you and your users
  • Stay One Step Ahead In today’s world the latest gadget, invention or technological advancement always appears to be on the horizon. Our solutions allow you to stay up-to-date with all the latest technology and trends
  • Increased Harmony – By having the latest innovations available to staff you can ensure the best working environment possible.
  • Lower TCO Sum of the rentals will typically be lower than the capital cost of the equipment
  • Be creative with your budget Make your budget go further by deferring the payments to match your budget alignment allowing you to utilise precious cash reserves to fund other projects
  • Effective Cost Management Spread the cost of your chosen assets over their economic useful life
  • Easier to upgrade assets – Equipment can be upgraded during or at the end of the agreed term

FLEXIBLE FINANCE AND EFFECTIVE SUPPORT FOR YOUR HEALTHCARE TECHNOLOGY

CHG-MERIDIAN provides flexible financing, effective support, and technology lifecycle management that adds measurable value.

CHG-MERIDIAN provides the flexible financing of medical equipment, working with our customers we can find a transparent, customised billing model to suit their needs. Take advantage of one of our operating lease, finance lease, sale & leaseback, deferred payment, stepped payment, managed equipment service or pay per use solutions.

We also help you to bring investment volumes into line with commercial targets (ROI, budget, TCO) and financial reporting requirements (US GAAP, IFRS).

Effective support for smooth operation

Your Healthcare expert at CHG-MERIDIAN is there to help you with the successful implementation of your medical equipment investments and their budget-friendly operation. He or she is your single point of contact, and you can speak directly to your advisor about the many services we offer, such as ordering, installing, maintaining, collecting, and remarketing medical equipment:

  • End-to-end equipment tracking in TESMA®
  • Non-captive maintenance and warranty concepts
  • Temporary use of low-cost used or replacement equipment (in cooperation with selected partners)
  • Standardised management of consumables

A secure & environmentally friendly end to the equipment lifecycle

If the product lifecycle of your healthcare technology ends, we offer you the choice of returning, upgrading, or continuing to use it. CHG-MERIDIAN and our trusted partners ensure correct de-installation and complete removal.

Alongside creating additional value from your end of life assets, our main concern is protection of our customers data. Equipment that cannot be remarketed is disposed of in an environmentally friendly way, according to WEEE standards, certification will be provided for any assets disposed of on your behalf. On request we can also carry out certified data erasure of disk drives and data storage media containing sensitive patient data, which is approved by the National Cyber Security Centre (NCSC) and BSI.

LIFECYCLE MODEL

EVERYTHING REVOLVES AROUND YOUR SUCCESS

Even though every technology project is different, we can make things easier for you with a single model-based methodology: our tried-and-tested three-phase model. It forms the basis for our comprehensive expert support over the entire healthcare lifecycle – and beyond.
Leave lifecycle
THREE-PHASE MODEL

360-DEGREE FOCUS ON YOU

Three interlocking phases making one complete whole mean that we are by your side from start to finish – in every phase of your technology project. Our extensive network enables us to find the right partner for your specific needs during every phase.
svg_chg_lifecycle_with_textpath
PREPARATION PHASE

GOOD PREPARATION IS KEY

End-to-end customised business concepts require a broad perspective. We thoroughly analyse the funding options for your project and provide you with comprehensive advice while always thinking ahead. We thus lay the foundations that will make sure your project is a lasting success.

CONSULTING

HEALTHCARE TECHNOLOGY ANALYSIS

  • Determining the assets on the basis of portfolio analysis
  • Identifying scenarios for cost savings
  • Documenting and analysing the existing portfolio of medical equipment

PROCUREMENT

PROCUREMENT PROCESS

  • Supporting and monitoring procurement processes
  • Negotiating with manufacturers
  • Managing the ordering and delivery process
  • Tracking assets with TESMA®
PRODUCTIVE PHASE

EFFICIENT OPERATION AT ALL TIMES

Efficient productivity requires the logical use of all resources. We support you throughout the entire useful life – as a single, expert provider.

ROLLOUT

DEPLOYMENT

  • Delivery and installation by preferred partners
  • Documentation of new clinical equipment and software
  • Funding for technical upgrades

SUPPORT

SERVICE INTEGRATION

  • Cost management for guarantee and service concepts

CONSUMABLES MANAGEMENT

  • Management of consumables
  • Portfolio monitoring with TESMA®

MANAGED EQUIPMENT SERVICE

  • Fixed costs for service, delivery, and replacements

FINANCIAL SERVICES

FINANCIAL MANAGEMENT

  • Flexible funding concepts in accordance with international financial reporting standards
  • Budget optimisation
  • Patient-specific invoicing and allocation of expenditure
END-OF-LIFE PHASE

THINKING BEYOND THE END

A sophisticated end-of-life process will benefit you in many ways. Our service extends from collecting assets to certified data erasure. And we carry out our professional remarketing and disposal in line with the principles of green IT.

ROLLBACK

END OF LIFE

  • De-installation
  • Logistics service & documentation
  • Certified data erasure (BSI and DoD compliant)
  • Remarketing
  • Environmentally responsible disposal
TESMA®

EFFICIENT MANAGEMENT OF COMPLEX TECHNOLOGIES

The technology and service management system known as TESMA® is at the heart of the lifecycle. As a result, it provides you with an overview of all commercial and technical aspects at all times. All key business information is transparent and available to you in real time.

TESMA®

  • Creates full transparency throughout the entire technology lifecycle
  • Takes into account commercial and technical aspects

Our lifecycle model illustrates how CHG-MERIDIAN successfully supports you in every phase of your technology project.

“The machinery would usually cost in excess of £2 million and would have taken several years to raise the funds. It is exceedingly good news for future patients who will benefit from minimally invasive surgery with less pain and quicker recovery times. As of now the robot has been in use for nearly 6 months and a substantial number of patients have seen the benefits of it. CHG-MERIDIAN’s help has been greatly appreciated and we could not have achieved the success that we have without their assistance”
Friends Chairman, Eastbourne District General Hospital

Contact us!

Feel free to contact one of our experts with any questions!

Andrew Hockenhull

Head of Healthcare Business Support

Paul Ley-Pollard

Head of Healthcare - Partner Management

  • Head Office Egham CHG-MERIDIAN UK Limited
  • Barons Court 22 The Avenue
  • TW20 9AB Egham, Surrey
  • +44 1784 470701
  • +44 7973 742058

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Tailored Financial Solutions for the Healthcare Market (Customer Pack PDF 1MB)

Flexible Finance Models For Healthcare Technology (Vendor Pack PDF 3MB)

Find out more

Discover the other solutions and services that we provide.
Healthcare Remarketing

Providing you with more options and better value

We can take care of your assets right up until the end of the lifecycle by arranging for the deinstallation, collection, removal and remarketing of redundant or surplus healthcare or IT equipment.

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CREATING FINANCIAL SOLUTIONS TO MEET YOUR NEEDS

Financial Solutions

Flexible, bespoke solutions for your technology - this is what we promise

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SALE AND LEASEBACK

Maximise the value of your existing equipment

Our simple process gives your business cash for your existing assets and immediately provides you with strong budget and refresh information.

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