Hospital liquidation projects can become complicated quickly with a lot of moving parts, specialized requirements, and hidden hurdles. But using decades of combined experience, along with a custom Tech Suite, BidMed provides unparalleled project management.
With medical facilities representing an average sale participation rate of 75%, BidMed’s extensive network of hospitals ensures the highest returns possible.
Our four-part process, including complete project-management service, ensures the highest returns with the least headache for hospital executives and lending institutions. Beginning with a complete facility inventory and including on-site processing by our expert team, online auction or public sale, and de-installation + removal support, our liquidation services provide the highest returns with the least stress for our customers.
Plus, powered by custom-developed technology, we are able to provide these services with minimal friction and in record time. Whether you need distribution to specific groups prior to public sale, or an exceptionally fast liquidation due to bankruptcy or real-estate concerns, our team has you covered.
Complete Facility Inventory
BidMed provides an experienced team on-site to conduct a comprehensive inventory of the entire facility, including medical and non-medical assets. Data fields captured are based on client requirements, and complete reports are available online to the client.
Powered by the BidMobile App and SMS
The BidMobile app was built specifically to optimize inventory processing. Teams can quickly tag, scan, and process all assets’ details, including photos, on mobile devices.
Data is then synced directly to our cloud-based Surplus Management System (SMS) where it can be further edited and managed from a desktop computer.
Using the app, BidMed’s team is able to inventory entire facilities in record-breaking time.
Comprehensive On-Site Project Management
BidMed’s team manages the disposition process from start to finish and integrate seamlessly with your staff, providing daily updates throughout the process.
Our on-site crews coordinate everything from initial inventory to de-installation and removal of equipment, connecting buyers with their equipment at pickup, and foreseeing potential complications to minimize hiccups throughout the removal process.
Powered by Specialists, the SMS, and the BidMed GreenBook
Once uploaded from the BidMobile app, assets are easily assessed and grouped in lots for sale. Equipment can also be compared to our proprietary GreenBook valuation database to set expectations for resale values.
Within the SMS, assets can be reviewed, edited (individually or in bulk), or added manually. Inventory lists also push directly from within the SMS to our auction platforms, making uploads and sales quick and easy.
Upon completion of the sale, analytics reports are available for customer records, either in PDF or CSV format.
Auction Execution (including Marketing Strategy)
A detailed marketing plan and industry knowledge allows us to connect with the right buyers to drive top participation in our auctions. Along with a custom-built auction platform designed specifically for used hospital equipment, BidMed auctions are capable of reaching exceptional returns.
Powered by BidMed’s Custom Auction Platform & Extensive Buyer Network
BidMed leverages strategic partnerships and customized marketing plans that successfully promote assets for sale to the right buyers, at the right time, and through the right channels. We can provide this targeted approach due to our experience understanding the motives and channel preferences of typical buyers.
Our online auction platform has also been built specifically for medical equipment on the secondary market, and has been customized according to the needs of this particular industry niche.
BidMed also encourages international participation in our auctions by providing complete logistics and shipping support, earning us the Illinois New Exporter of the Year Award. Participation by these types of audiences brings the highest return for all materials.
Marketing plans leverage social media, official press releases, advertising banners on BidMed’s homepage, Google Ads, email campaigns, and direct marketing to known buyers.
De-Installations & Removal
Our team provides logistics support coordinating de-installation schedules, certifying that de-installation companies are licensed and insured, and overseeing the entire process until assets are removed from your facility.
Experience with large-scale removal projects means an ability to foresee challenges in removal, allowing us to be prepared with minimal delays. Our detail-oriented team also ensures unprecedented cleanup following removals.