Nov 26, 2019 | BidMed Technology, Expert Insights
Hospitals and other medical facilities can stretch capital spending further by leveraging the secondary market. Whether you’re looking to buy used medical equipment sell retired assets,BidMed’s family of online auction tools can help maximize capital budgets. Buy...
Nov 12, 2019 | BidMed Technology, Expert Insights
Auctions can be overwhelming for new buyers, and many people miss out on incredible savings due to a perceived complexity of the process. At BidMed, our goal is optimized customer service and satisfaction. Here we’ll walk you through the two common types of auctions...
Oct 29, 2019 | Expert Insights
Nine of the 11 hospitals that closed in the first half of 2019 cited bankruptcy and financial challenges, leaving bankers’ and creditors’ hands full. Asset disposition has become a crucial step in maximizing creditor returns on medical equipment. BidMed has worked...
Aug 26, 2019 | Expert Insights
2019’s high hospital closure rate is an alarming trend for America’s healthcare system. Twenty-seven states have seen over 100 of their hospitals close since 2010 and the numbers are not slowing down. Now more than ever it’s important to leverage...
Jul 2, 2019 | Expert Insights, Featured Projects
Private Dallas medical center Walnut Hill closed abruptly on June 2, 2017, three years after opening its doors. A trustee was assigned to oversee the closure and hired BidMed with a three-week deadline. In 23 days, BidMed organized the sale and removal of over 90% of...