Hospitals can set the depreciation rate of medical equipment according to their own requirements, because the value of the equipment is higher, so the depreciable life will be longer, you can use the average annual method of depreciation of medical equipment, the depreciation of fixed assets will be equalized and apportioned to the period. The depreciation calculated using this method is equal for each period.
The formula is as follows: Annual depreciation rate = (1 - estimated net salvage rate of medical equipment) ÷ estimated useful life × 100% Monthly depreciation rate = Annual depreciation rate ÷ 12 Monthly depreciation = Original cost of medical equipment × Monthly depreciation rate. Using this method of depreciation expense is easy to operate, simple calculation.