New Partnership for ViewRay In the Works

Plans for the partnership for radiation therapy company ViewRay with Medtronic and Elekta are in the works. News of the new joint decision has already increased ViewRay shares up 37% in the after-hours trading. The agreement is however contingent upon ViewRay raising $75 million in equity capital, so the agreement is non-binding at the time. The collaboration is hopeful for ViewRay to work with Elekta and run clinical studies to research MR-guided radiation therapy. The details of the agreement made with Medtronic are less available in this stage, but analysts believe the investments from Medtronic’s partnership show “strong signs”. To read more on this new partnership with these companies read here.

Why Buying a Refurbished Linac Makes Sense for a Clinic

When deciding to add or upgrade a facility’s medical linear accelerator (Linac) many factors need to be thoroughly examined such as budget, location, time frames, and other personal impacts. One major decision to make is if to purchase a new or used/refurbished Linac and determining which will offer the best benefits long term. Depending on your situation sometimes a new Linac is required but most often a refurbished option will work perfectly, allowing you to save money as well. Below, are a few reasons to choose a refurbished linear accelerator for your next purchase.

Fewer Patients Being Treated

If your company is new or smaller in size, purchasing a refurbished Linac could be very beneficial. Pre-owned or refurbished Linac’s cost less and have lower monthly lease payments than choosing new equipment. Having fewer than 8 to 10 patients a day is generally considered a small medical facility. With fewer patients equals less money to help cover the costs of equipment fees so taking it low and slow maybe a better business option to guarantee that your clinic continues to grow at a steady pace, allowing quality and effective treatments for all patients. Veterinarian clinics or research facilities may also benefit from a refurbished Linac as they generally do not require all the advanced technologies provided in newer models. The use of linear accelerators may not always be for medical use; instead for industrial uses to image materials.

 Operating with Only One Linac or Want a Backup

Often a dilemma will arise when a company is moving into a new location and cannot afford to have a machine down during the relocation process, which can take about 3 to 4 weeks for the transition. An option to avoid this situation is to purchase a refurbished replacement that is like the existing equipment and have it installed in the new location. Once the new facility is complete and open for business, the patients can receive treatment with the newly refurbished equipment and you can either keep the original linear accelerator as a backup or sell it. This solution prevents companies from losing patients from a lack of available machines.

Other Factors to Consider in Budget

Purchasing a used or new linear accelerator is only the first step in getting the proper equipment setup for your business. Other services that should be researched with your Linac is the warranty, service and maintenance plans. This information will help you decipher which options are best for your facility and meet your needs. Also, remember to consider the costs of equipment removal and disposal. The purchasing and planning process of linacs can be very overwhelming which is why choosing the right company for the job is key for a successful addition/upgrade to your facility.
Radparts is the world’s largest independent distributor of OEM replacement parts for Linear Accelerators and Radiation Oncology equipment.  Radparts provides high quality, user friendly, low cost parts and support for linear accelerators and radiation equipment. More information can be found at https://www.radparts.com/.

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Cancer Treatment Is Always an Option, No Matter Your Age

Often, when a patient is older in their years and receives the bad news that they have fallen victim to a form of cancer, they begin to come to terms with the fact that their lives will soon be over due to it. This sense of thinking does not have to be a person’s future outcome since with today’s technology no matter a person’s age, cancer treatment is a very promising option to be used. However, studies have shown patients aged 90 years or older are not even being offered any treatment at all. In this article the statistics of elderly patients and their success rates of using radiotherapy as a treatment option are shown and how even at an older age these patients have gained significant years added to their lives, which can be very worthwhile. With new techniques and technology, the treatment can be much less invasive without needing surgery and can truly be a lifesaver for many of lives young and old.

Should You Buy a Used Linac Over a New System?

Medical-grade Linear accelerators are investments, not an impulse buy. That being said, a linear accelerator is a very important tool in any oncologist office. Owners of a medical oncologist clinic have the option of purchasing a new linac system or invest in a used system, and there are advantages and disadvantages for both. You can essentially break the parameters into three (or more) situations:

Your Office Space

The space and size of your medical office or clinic is a good factor when deciding to go either used or new for a linac system. Smaller clinics will benefit from a used system, especially those with a small client-base that don’t move through more than a handful of patients a day. This also pertains to offices that are new and just getting started, or established offices that are small in space. Offices and clinics just starting up can go with a used system at first and upgrade to a brand-new system when the profits call for it.

Your Intentions

Not all offices and clinics revolve heavily around the use of a linac, but rather use it sparingly. This is a simple reason to go with a used system over a new one. Operating these systems can get expensive, and offices that heavily use a linac system with all the bells and whistles accompanying it have better use for a shiny new device. Conversely, those offices or clinics that only use it sparingly can go with a used model that is more stripped down to a model precisely tuned for their needs. You also may be a new office with the intention of having a higher-level model in the future, but current-day budgets don’t allow it, which calls for a more budget-friendly used system.

Your Experience

Is your office or clinic moving? Do you have any intention of moving in the next year or so? Are you generally a busier clinic with many patients? New linac systems are great for busier and more modern clinics but for those with the need for backup units a used system is better to keep on hand for when a new system breaks down, especially with all the parts that go into such a device. Similarly, if you’re a clinic that has plans to move everything it may be easier for the future if you go with a used system that will be installed only to be uninstalled for a big move. Even higher-tiered clinics can find themselves moving, so this is something to keep in mind when setting up a clinic initially when starting up.

Medical grade linear accelerators are a product in which all oncologist clinics should be investing. That being said, making a purchase can be smarter when going with a used system rather than new; it just depends on your office space, intentions with the system, and overall experience of running your clinic.

Radparts is the world’s largest independent distributor of OEM replacement parts for Linear Accelerators and Radiation Oncology equipment.  Radparts provides high quality, user friendly, low cost parts and support for linear accelerators and radiation equipment. More information can be found at https://www.radparts.com/.

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