Developing a finance agreement for an Integrated Diagnostic Imaging platform

Using a structured finance agreement, SAF supported JFD Medical in the procurement of high specification medical equipment for a new eye clinic in Cheshire. 

Through our long-standing relationship with Carl Zeiss, SAF developed a bespoke 5-year finance agreement for the procurement of essential ophthalmic diagnostic equipment for private medical company, JFD Medical.

Client Brief:

JFD Medical is the private company of Dr Jon Durnian, lead clinician for Adult Strabismus and Neuro-Ophthalmology at the world-renowned St Paul’s Eye Unit, based in the Royal Liverpool University Hospital.

SAF worked closely with JFD Medical to design an offer allowing for the procurement of a suite of ophthalmic equipment required for setting up a new eye clinic in Lymm, Cheshire.

The equipment forms part of the Carl Zeiss diagnostic suite of equipment, which works together to provide a fully Integrated Diagnostic Imaging platform. This equipment collates data from different diagnostics devices, improving decision-making and efficiency.

Due to significant backlogs in the diagnosis and treatment of eye conditions, there is a clinical need for better access to ophthalmic diagnostic and surgical services. To ensure private medical practices can benefit from market-leading equipment, the Zeiss Rental facility offers an alternative procurement route, allowing healthcare experts like Dr Durnian to expand their service provision by investing in industry-leading equipment.

Procuring equipment via flexible finance also allows medical practices to improve cash flow management and reduce the set-up costs that come with a new business venture while also eradicating the need for significant upfront capital outlay.

SAF’s Solution:

Working in close collaboration with the team at Carl Zeiss and JFD Medical, SAF created a funding structure that allowed for a higher initial payment, utilising some of JFD Medical’s available funds. Front-loading this initial payment meant that the fixed monthly payment could be reduced, providing a better medium-term cashflow solution.

Through a structured finance agreement, JFD Medical benefitted from a full diagnostic suite of ophthalmic equipment () worth a total of £80,000.  This presents the customer with a tailor-made solution that would quickly provide all the necessary devices and software to increase patient throughput and complement the clinic’s additional services.

Outcome:

The market-leading Zeiss Integrated Diagnostics Imaging platform solution offers healthcare providers access to highly efficient and accurate diagnostic equipment. When combined with the Zeiss Rental purchase option, it also offers a cost-effective way for private medical practices to enhance their service provision.

Through both close collaboration with Carl Zeiss and a keen understanding of the financial and environmental drivers motivating the customer, SAF structured a bespoke finance agreement that would ensure the successful procurement of a transformative suite of equipment for JFD Medical’s new private eye clinic.