In an Effort to Keep America Competitive, Graphic Savings Group Launches Medical Equipment Leasing Initiative

Contact: Jonathan Bender (jbender@graphicsavings.com)
203.336.4034

February 1, 2006 ( Fairfield , CT)

President George W. Bush iterated in his State of The Union Address that, "keeping America competitive requires affordable health care." In an effort to meet that challenge and provide a new funding source for members of the health care industry, the Graphic Savings Group is excited to announce its Medical Equipment Leasing Initiative (MELI).

"As an employer and financial services company, we understand the need for cost control with relation to healthcare. By establishing a consistent and reliable funding source for corporations that are looking to lease medical equipment, we believe we can help improve the fiscal responsibility of medical institutions," said Andrew Bender, CEO of the Graphic Savings Group.

The new program is designed to accommodate doctors, dentists, and even veterinarians by offering them access to capital to finance medical and office purchases. The large upfront costs of new surgical equipment or x-ray machines can be a deterrent to a doctor's practice with fixed cash flow.

With close to $3 billion in medical equipment being leased each year, the need for constant upgrades and the development of new technology makes leasing an attractive option for a number of medical professionals. Medical equipment leasing can ensure that hospitals are not locked into equipment that is outdated, giving them the flexibility to offer the most innovative treatments while staying within a budget.

Doctors can adapt to the changing Medicare reimbursement structure and insurance rebates by creating a step payment schedule that fixes the cost of their equipment and office essentials.

"We're excited by the partnership opportunities in the medical field. We believe that we can bring our expertise in finance to help manage cash flow and costs for medical professionals," said Bender.

About Us

Graphic Savings Group is a cash flow management consulting company. GSG specializes in leasing high volume copiers, printers, and other IT equipment. Whether you are a Fortune 500 company or a start-up venture, Graphic Savings Group helps clients control the velocity of money. For more information visit Graphic Savings Group online at www.graphicsavings.com or call 203.336.4034.