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)?...
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...
Feb 9, 2023 | Expert Insights
The short answer is: ineffective disposition workflows. Many medical systems struggle with capital inventory accuracy because of outdated methods to track disposition requests and approvals. These decentralized systems are riddled with cracks where the entire process...
