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2) Which one of the following is the best definition of a reagent rental (i.e., a “reagent lease”)?

The laboratory is billed for the reagents used. The price of the reagents includes the lease of the instruments. At the end of the lease period, the instruments belong to the laboratory. The laboratory is billed for reagents used. The price of the reagents includes the depreciation of the instruments. The laboratory pays the price of the reagents used; instruments are rented separately. The laboratory pays a rental fee for the instruments to the manufacturer; the rental fee includes free reagents for the duration of the rental period. The laboratory rents space for storing regents.

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• Clinical laboratories often have difficulty raising the capital required for purchasing laboratory instruments.

• Therefore, to enable the use of large, expensive instruments, laboratories often use reagent rentals (i.e., “reagent leases”).

• In a reagent rental (“reagent lease”), the laboratory is billed only for the reagents used. The price of the reagents includes the lease costs of the instruments; at the end of the lease period, the instruments still belong to the manufacturer.

• The major advantage of a reagent rental is that the laboratory can use operational funds (as opposed to capital funds) to pay for the use of the instruments required to provide clinical laboratory testing.

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Clinical Pathology: General Principles, Lab Management

2) Which one of the following is the best definition of a reagent rental (i.e., a “reagent lease”)?

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