News & Expert Insights

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

How to Buy Quality Used Medical Equipment

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...

3 Reasons Banks and Creditors Should Use BidMed

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...

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...

Sign Up to Hear About Upcoming Auctions!

Categories