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)?...
Jan 28, 2020 | BidMed Technology, Expert Insights
Medical and healthcare equipment has an average utilization rate of 42%, causing an overall revenue loss in the billions for facilities across the country. High costs, combined with the loss of revenue, can easily contribute to facilities’ financial risk and closure....
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...
Mar 26, 2019 | BidMed Technology
Sealed Bid Special Events gather live bids from participants for a set period of time. BidMed’s automated bidding system makes the process simple and easy. There are four general steps for events: Register | View Listings | Submit Bids | Event Closing BidMed...