Auction Services: Buy & Sell

Whether you’re looking to save on purchases or disposing of retired assets, BidMed’s various auction services will help maximize your returns.

When it comes to disposing of retired assets you have plenty of options, and our team works hard to develop the best disposition plan specifically for you. Our state of the art web-based auction platform and real-time reporting tools have been developed to provide an exceptional experience for asset disposition. We are also the only asset disposition company to develop our own in-house, custom-built auction software, allowing us to customize each auction to your needs and directly manage your event with no complications from third party resources.

BidMed’s family of online auction tools can be used to sell equipment located either at your facility or consigned at our warehouse. Whether you’re looking to sell a few small items, planning a large liquidation of high-value assets, or looking to buy quality refurbished equipment, we have a suite of tools to help you.

Equipment Wire

Deals delivered directly to your inbox! We send a bi-weekly list of equipment lots available now from our partners.

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BidMed Exchange

View live postings of quality items you can bid on now and have in-hand soon. No waiting for a Special Event!

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Special Events

These large-scale auctions occur periodically and feature our top-quality items. Tune in to find the best deals!

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Equipment Finder

Can’t find something specific? Submit your requirements here and get connected to sellers who meet your needs.

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Search across all platforms for items currently available.

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Equipment Wire

BidMed’s Equipment Wire is a competitive marketplace for surplus medical equipment with direct-to-inbox listings.

Healthcare facilities use Equipment Wire to efficiently market surplus equipment to BidMed’s 20,000+ global medical equipment buyers. Our transparent and innovative approach with participants ensures that surplus equipment reaches the right buyers.

Sellers connect directly with their regional BidMed rep to add an equipment lot to our listings, including photos, details, and a regional location. A full list of available equipment is then distributed directly to buyers, who can easily place their own competitive offers, which are returned to the seller. Equipment Wire is a key component of BidMed’s proactive approach to equipment disposition and is available to all facilities and buyers.

BidMed Exchange

This is our ongoing, real-time auction space that provides an opportunity to buy equipment direct from hospitals and quality refurbished units from resellers. BidMed maintains the integrity of all sales by identifying seller type with every listing. Users can post their own items, setting reserve prices and a duration for the listing, and are connected directly with interested parties.

How It Works

A seller lists an item in the Exchange, either with a direct purchase price or as an auction-style listing for a set period of time.

Direct purchase items will remain listed until a buyer willing to pay the set price agrees to purchase the item.

Auction listings begin at a price set by the seller and remain open for a certain number of days. Buyers may place bids on the item until the listing ends, at which time the buyer with the highest bid above reserve wins. Auction listings may also include a Direct Purchase price; if met, the listing will immediately end. Items that are not sold within their auction window may easily be re-listed from the seller’s internal dashboard.

BidMed Exchange listings leave the power in your hands, allowing sellers the greatest amount of control in redistributing valuable equipment to interested buyers.

Special Events

BidMed Special Events are complete online auctions featuring high-quality pre-owned medical equipment from our network of hospitals and healthcare facilities.

These highly sought after events usually feature complete hospital closures, relocations, or equipment renewals with a large inventory to move. Our on-site staff ensures that the sale is managed professionally and provides expert oversight for equipment removal, giving you the peace of mind knowing your purchase will be in the best condition possible.

How It Works


Registration

All participating buyers must register in order to create a Watch List and place bids during a Special Event. Your registration provides access to our custom bidding platform, which has been designed to optimize the buying process within our industry.

Watch List

As soon as you’ve registered for an event, including prior to and during the live auction, you may create a Watch List for items of interest. This allows you to avoid flipping through multiple pages by consolidating all items you’d like to watch or bid on in one place— especially useful toward the close of an auction! Buyers can also place bids directly from the Watch List page, allowing you to continue watching all items while adjusting individual bids.

Bidding

BidMed auctions feature automated bidding. When placing a bid, you will enter the maximum amount you’re willing to pay for an item; this maximum bid remains hidden and is never revealed. BidMed then places bids on your behalf using the automatic bid increment amount (based on the current high bid), only increasing your bid as necessary to maintain the highest bid or meet the reserve price, up to your maximum amount. If another buyer places an equal or higher maximum bid, we will notify you by e-mail so you can place another bid. Maximum bids remain confidential until exceeded by another buyer.

Auction Closing

Every event has a scheduled end time. Items that have not received a bid within 15 minutes will close at the scheduled auction closing time. If an item is bid on in the last 15 minutes of the auction, time will extend another 15 minutes for that particular item. The auction time will continue to extend in increments of 15 minutes until bidding activity ceases for a 15-minute period.

Pick-Up

At the close of a sale, winning bidders are responsible for all de-installation, removal, pick-up, handling, and transportation costs unless otherwise listed. Our on-site staff ensures equipment is picked up by the correct bidders and handled professionally.

Equipment Finder

Can’t find what you’re looking for on any of our auction platforms? Don’t worry—with an extensive partner network, we can connect you to sellers who are looking to relocate what you need to acquire.

A BidMed representative will work directly with you on any medical equipment search you may have. Submit your request with as much detail as possible for the fastest response, including details such as price range, preferred brands, or equipment and location parameters. We will contact you within two business days to assist with your search within the BidMed supplier network.

Start buying and selling today.

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