Loan Closet Agreement with Hospital

Home Blog Loan Closet Agreement with Hospital

A “loan closet” is the same thing as a “consignment arrangement”…which is the same thing as a “stock and bill arrangement.” A DME supplier can have a loan closet with a hospital, physician, wound care center, and other providers.

Recently, Medtrade featured an article focused on a loan closet between a DME supplier and a hospital. However, the discussion in this article also applies to loan closets with other types of providers.

Medtrade covers how exactly loan closets work between a DME supplier and a hospital and the specific terms that should be included in an Equipment Placement Agreement between a supplier and a hospital.

Read the full story from Medtrade.

0 comments

Back to Top