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...
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...
