News & Expert Insights
Find tips and tricks for increased savings with certified pre-owned purchasing, or maximizing returns with strategic disposition.
Return More Value with BidMed’s Asset Disposition Workflow
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...3 Ways To Combat 2019’s High Hospital Closure Rate
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...
Find Secondary Market Medical Equipment on Demand with BidMed’s Catalog
Hospitals and healthcare facilities can optimize their capital equipment planning process with the secondary market — obtaining more wish list items within tight budgets. While the Public Exchange is an ideal source for savings on quality secondary market medical...
What Makes the BidMed Exchange Different?
Whether you’re selling assets or looking to save on purchases, the BidMed Exchange will help maximize your bottom line. BidMed is the only asset disposition company to develop our own in-house, custom-built auction software to connect buyers and sellers, allowing us...
Breaking the Auction and Removal Record for Walnut Hill
Private Dallas medical center Walnut Hill closed abruptly on June 2, 2017, three years after opening its doors. A trustee was assigned to oversee the closure and hired BidMed with a three-week deadline. In 23 days, BidMed organized the sale and removal of over 90% of the facility’s equipment and supplies. They exceeded the total estimates given to their clients by $3 million.
US Hospital Closure Rate is 30 per Year — Is Yours Next?
The oldest hospital in California — the only one serving the diverse population of Chinatown — now gone. The local hospital that the community counted on, just closed. In as effort to make up for the loss, the building will be repurposed as a recreation center. A...
How to Request GreenBook Reports
GreenBook fair market value (FMV) reports put the power back in healthcare facilities’ hands. Our extensive pricing database shows what your capital equipment is truly worth, leading to better asset disposition choices. Use GreenBook reports to: Validate OEM trade-in...
What is the GreenBook?
The BidMed GreenBook is an extensive proprietary database of secondary market values for modern medical equipment. Similar to the Kelley Blue Book for the automotive industry, it allows BidMed customers to accurately price medical capital assets by reviewing current...
BidMed’s Surplus Management System Simplifies Medical Inventory Management
Simplify your asset management process in one place with our cloud-based Surplus Management System. From this desktop portal, users can view a comprehensive list of all their equipment and easily select when to schedule items for disposition or replacement. A...