Dos and don'ts for investing in technology

By Dr. Roger P. Levin, contributing writer

November 16, 2009 -- Be wise with technology investments as the economy rebounds

The economy is starting to show signs of recovery. With this feeling of hope, you shouldn't rush out and buy that $50,000 piece of equipment -- just yet. Investing in technology can greatly enhance your practice, but it must be the correct technology for you and your practice.

Try before you buy. On paper, some technology purchases look like a fit for your practice. However, products often come with hidden costs that are not readily apparent at first. Ask for a trial period before incorporating technology permanently into the practice.

Don't rush to make decisions on technology. Technology should always directly or indirectly improve patient care. Before making a large-scale purchase, ask these questions:

  • Will this increase efficiency?
  • Will it provide a return on investment?
  • Will it be easy to use?
The answers to these questions will ensure you make smart buying decisions.

Copyright © 2009

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