How Much Does a TMS Machine Cost?
If you’re thinking about starting a TMS clinic or adding TMS therapy to your practice, one of your first considerations will likely be the cost of a TMS machine. These devices are a great investment for providing innovative and life-changing treatments to your patients. But how much do they actually cost? Let’s break it down so you can plan with confidence.
The Cost of a TMS Machine
On average, TMS machines range from $50,000 to $200,000. The price can vary based on several factors, such as the brand, model, and included features. Here’s a closer look at what influences the cost:
Machine Type: Different manufacturers produce machines with varying capabilities. Some are more advanced and come with additional features, which can drive up the price. Proprietary coils, robotic arms, ongoing support, and neuronavigation capability can influence the price significantly.
New vs. Used: Purchasing a brand-new machine ensures you’re getting the latest technology, but pre-owned machines can be a more budget-friendly option if you’re just starting out. However, pre-owned machines often don’t come with any manufacturer support, and we generally don’t recommend this option for most providers.
Additional Costs: Beyond the base cost of the machine, you’ll need to consider software upgrades, accessories (like coils), and extended warranties.
What Comes with the Price Tag?
While TMS machines are an investment, their cost reflects the sophisticated technology they offer. Most machines include:
FDA-Cleared Safety and Functionality: Ensuring your treatments meet the highest standards. Note that all medical devices in the United States use the phrasing “FDA Cleared” as opposed to “FDA Approved,” unless it’s a high-risk, invasive device. Functionally, “FDA Cleared” is equivalent to how we think about the term “FDA Approved” with medication.
Customizable Treatment Protocols: Allowing you to tailor therapy to each patient’s needs. Some machines allow for little customization, while others allow for the provider to customize every parameter from pulse width to frequency.
Ongoing Support: Many manufacturers include training and technical support as part of the package. One important question you will want to ask is how soon can you contact support, how quickly support will respond, and who you’ll be in contact with on a regular basis. While you won’t talk to support most of the time, there are always issues that arrive periodically.
Leasing vs. Buying
If the upfront cost feels daunting, leasing a TMS machine could be a smart option. Many providers offer leasing plans, which allow you to spread the cost over time. While this means paying interest, it can free up capital for other expenses, like marketing or clinic setup.
Alternatively, some companies offer rent-to-own programs, where a portion of your lease payments goes toward purchasing the machine outright. This can be a good middle ground for clinics that want to test the waters before committing fully. However, a TMS machine is ideal to purchase via financing, since most providers are able to utilize the Section 179 tax deduction and deduct the full cost of the machine in the year purchased, while paying for it monthly over a predefined period of time (e.g., 5 years). The interest is usually tax deductible, as well.
Is the Investment Worth It?
While the initial cost of a TMS machine may seem significant, it’s important to view it as an investment in your practice. TMS therapy is growing rapidly, with more and more patients seeking out non-invasive treatment options for depression, anxiety, and other conditions. By offering TMS, you’re positioning your clinic at the forefront of mental health care.
Additionally, most clinics recoup their investment within a year or two, depending on patient volume. With insurance reimbursement options available, adding TMS therapy can create a sustainable revenue stream while making a meaningful difference for your patients. If you buy the Business package from Solstice Training Institute, A Public Benefit Corporation you can expect to recoup your investment much sooner, since we have lessons on marketing your practice and billing for TMS.
How to Choose the Right Machine
When comparing TMS machines, keep these factors in mind:
Manufacturer Reputation: Look for a company with a proven track record of quality and reliability.
Ease of Use: Choose a machine that’s user-friendly for your staff and patients.
Support and Training: Ensure the manufacturer offers training, ongoing support, and maintenance.
Return on Investment: Consider how quickly you’ll be able to break even based on the cost and expected patient volume.
Ask around: There are a number of Solstice Certified TMS consultants around who can help to pinpoint the best machine for your needs. Additionally, you can contact us if you’re having trouble choosing the best option.
Ready to Take the Next Step?
At Solstice Training Institute, we’re here to help you navigate the world of TMS therapy, from certifications to setting up your clinic. Whether you’re looking for guidance on choosing the right TMS machine or want to learn how to optimize your investment, our team has the expertise to support you.
Adding TMS therapy to your clinic is more than just a financial decision—it’s an opportunity to transform lives and grow your practice. Contact us today to learn how we can help you get started.
