Spencer Hospital, Surgery Center Approves $306k Lease With Stryker Endoscopy

Led by research from surgery center director Matt Cooper, the Spencer (Iowa) Hospital Board of Trustees has approved a four-year, $306,500 lease agreement with Stryker Endoscopy to replace current laparoscopic and arthroscopic equipment with the latest technology, according to a Spencer Daily Reporter report.

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Mr. Cooper and his colleagues did an analysis of purchasing versus leasing and found that leasing would be financially smarter for the hospital. The hospital can receive updates during the leasing period.

Over the four-year period of the lease, the hospital is expected to save slightly more than $10,000, compared to purchasing the equipment. The least will replace Stryker equipment bought seven years ago.

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