Jul 16, 2020 | BidMed Technology
The most common pitfall of hospital networks’ inventory management systems is a breakdown during asset lifecycle workflows. Whether that’s failure to add complete details for new acquisitions, or to communicate dispositions across all departments, disjointed records...
Jul 2, 2020 | BidMed Technology, Expert Insights
One of the biggest failures we see in maintaining accurate asset inventory is a breakdown in communication between departments. Many hospitals or health systems have a biomed record and a separate financial ledger — these records frequently don’t match, nor do they...
Mar 31, 2020 | BidMed Technology, Expert Insights
Using a digital platform for inventory processing and management comes with a lot of advantages. The first is obvious: your facility’s equipment ledger can be maintained on a single platform, edited, added to, and shared as needed. A digital inventory is also...
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...
