News & Expert Insights

Find tips and tricks for increased savings with certified pre-owned purchasing, or maximizing returns with strategic disposition.

How to Bid in Timed Auction Events

Sealed Bid Special Events gather live bids from participants for a set period of time. BidMed’s automated bidding system makes the process simple and easy. There are four general steps for events: Register | View Listings | Submit Bids |...

How to Participate in Sealed Bid Events

Sealed Bid Special Events collect offers from buyers until a set closing date. Offers are then assessed by the seller, who will determine winners for each asset. These winners may be chosen on criteria beyond just the offered price, including buyer reputation. There...

Anatomy of Special Events

Special Events are large-scale sales with a set time frame for multiple listings. These are often the result of facility liquidations due to a closure or move. Events are structured to include three main parts: Event Details | Event Listings |...

Medtronic Recalls Dual Chamber IPGs

The FDA announced that on Jan 17, Medtronic, Inc. has issued a recall for Dual Chamber Implantable Pulse Generators (IPGs) due to a possible circuit error. This has been identified as a Class I recall – the most serious type of recall. Use of these devices may...

Post-Sale Processing for the BidMed Exchange

When a sale on the BidMed Exchange ends, what happens next? How does payment work, how do the buyer and seller get in contact, and how does the buyer receive their new purchase? Here are the 3 main steps that happen following the close of a listing: SMS Update |...

Tracking Bids – Am I Winning?

Note, this post refers to Auction sale types only and is not applicable to Best Offer or Buy Now listings. So you’ve found just the right asset that fits your needs and budget, and you’ve submitted your bid on the BidMed Exchange – congratulations! But how do you know...

Post-Sale Processing for Special Events

When a Special Event ends, what happens next? How are winners notified, how does payment work, and how do you get your equipment? Here are the 3 main steps that happen following the close of a listing: Closing Notifications | Invoicing + Payment | Pickup + Shipping...

Become a Certified Refurbisher

BidMed’s Certified Refurbisher program adds a layer of trust for medical facilities looking to buy quality used medical equipment. Many of these users would not consider secondary market equipment otherwise, but know they can rely on BidMed’s trusted network to...

Announcing the NEW BidMed Exchange

Reaching Buyers is Easier Than Ever! Our All-New Marketplace: the BidMed Exchange With a total refresh to our technology suite, sellers now have access to even more facilities on a platform designed specifically for the medical marketplace. And with integrated...

Listing Best Practices for the BidMed Exchange

The BidMed Exchange reaches over 5,000 medical facilities, meaning a lot of opportunities to sell your equipment! But how do you stand out from other listings? Read on for best practices when posting used medical equipment to the BidMed Exchange, including naming...

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