Mar 6, 2023 | Expert Insights
For years, hospitals and other medical facilities have shied away from secondary market savings. And it made sense — how do you find quality used medical equipment that you know actually works and meets patient care standards? But “used” doesn’t have to be a...
Mar 2, 2023 | Expert Insights
Do you know your options for your hospital to improve financial budgets when disposing of retired assets? You may have more choices than you think. BidMed’s disposition workflow ensures the best outcome for your capital budget. Our customers often returning thousands...
Feb 27, 2023 | Expert Insights
Buying and selling used medical equipment can significantly improve hospitals’ capital planning budgets. To do it well requires understanding fair market value for assets. But what exactly does that mean and why is it important? What is Fair Market Value (FMV)?...
Feb 23, 2023 | BidMed Technology, Expert Insights
Using a digital platform, especially an inventory processing mobile app, for hospital equipment management has a lot of advantages. The first is obvious: maintain your facility’s equipment ledger on a single platform, empowering teams to edit, add, and share as...
Feb 20, 2023 | Expert Insights
Every hospital has a process for removing biomed assets from service. But the question is — how efficient is that disposition workflow? We looked recently at how inventory records fall apart due to disjointed disposition workflows. So let’s look at how to actually...
Feb 16, 2023 | Expert Insights
How many times have you completed an inventory assessment? Some of our clients have done dozens, and they just don’t stick — but why? The short answer is: ongoing disposition process compliance. Or rather, a lack of compliance. A lot of medical systems use...
