Jan 7, 2020 | 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...
Dec 17, 2019 | Recent News
We’ve made some big changes to our website, with newly updated asset management services. These are the same great tools we’ve provided all along, just wrapped up in tidy new packages! As always, our services are tailored for each customer and combined as...
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...
Oct 29, 2019 | Expert Insights
Nine of the 11 hospitals that closed in the first half of 2019 cited bankruptcy and financial challenges, leaving bankers’ and creditors’ hands full. Asset disposition has become a crucial step in regaining closure costs. BidMed has worked with many financial lending...
Oct 15, 2019 | Expert Insights
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...
Oct 1, 2019 | BidMed Technology, Expert Insights
The healthcare industry wastes about $700 billion in expenses every year, according to a 2009 Thomson Reuters report. And with nearly 20% of US hospitals in danger of closing due to financial concerns, finding cost-cutting solutions has become crucial. What most...
Sep 17, 2019 | BidMed Technology, Expert Insights
How confident are you in your inventory’s accuracy? Lost or inaccurate medical inventory can lead to significant financial losses for a number of reasons: • higher expenditures due to asset underutilization • equipment in storage that could be sold or...
Sep 3, 2019 | Expert Insights
Do you know your options when disposing of retired assets? You may have more choices than you think. BidMed’s disposition workflow ensures the best outcome for your capital budget, often returning thousands to the bottom line. This process also ensures equipment finds...
Aug 26, 2019 | Expert Insights
Twenty-seven states have seen over 100 of their hospitals close since 2010 and the numbers are not slowing down. According to a recent study by management consultancy firm Navigant, 1 in 5 rural hospitals is at high risk of closing due to financial issues. Another...
