The Highline Financial Group
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Highline Financial Group, LLC was formed to help hospitals and companies reduce operating costs by leveraging inefficiencies in the equipment leasing industry. HFG provides a service through a cost reduction model for equipment leases that reduces costs significantly with little or no cost to hospitals. Given the challenges hospitals are facing with the PPACA changes, HFG realizes all hospitals need to find ways to cut costs.
The Highline Financial Group created a cost reduction model that ultimately helps companies create significant financial savings on equipment leases. Our firm was established by leasing executives who understand the industry. We use this expertise to help hospital systems reduce costs through a strategic end of lease management. For example, we will schedule out all the leases to identify which leases are maturing so you do not incur unnecessary costs related to “automatic renewals”. We add value in our end of lease negotiations. We know how the leasing companies make money and we use this knowledge to help negotiate the best possible solution for our customers.
By leveraging our expertise, we save between 20% and 40% on an asset by asset basis. The more specialized the asset, the lower the cost savings as the asset typically retains value better than a commodity type asset which depreciates more over time, therefore higher savings on these assets.
All we ask is that the hospital gives us an opportunity to review the their leases and we will then outline an asset by asset plan to reduce costs. At that point, they can either elect to move forward or not. If they choose to have us complete the analysis and work with the lessors, we will only take a percentage of the savings. The investment in this process is simply pulling the leases we have identified.
HFG is a member of the Colorado Hospital Association.
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