Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
Annual Cost of Prescription Drug Use in the United States
The use of prescription drugs in the United States exacts an onerous and largely underappreciated cost of drug-related morbidity and mortality. These adverse events translate into a staggering expenditure of over $76 BILLION EACH YEAR:
Physician Visits - $7,459,744,000 (9.7%)
Additional Prescriptions - $1,933,121,000 (2.5%)
Emergency Room Visits - $5,320,723,000 (7%)
Hospital Admissions - $47,445,477,000 (62%)
Long-Term Care Admissions - $14,398,644,000 (18.8%)
With a price tag of $76 billion annually on prescription drug-related morbidity and mortality, it's hardly surprising that the U.S. leads the world in "health" care costs.
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SOURCE: Johnson JA, Bootman JL. Drug-related morbidity and mortality. Arch Intern Med. 1995;155:1949-1956.