Mar 31, 2020 | BidMed Technology, Expert Insights
Using a digital platform for inventory processing and management comes with a lot of advantages. The first is obvious: your facility’s equipment ledger can be maintained on a single platform, edited, added to, and shared as needed. A digital inventory is also...
Feb 18, 2020 | Expert Insights
Keeping costs down can be a struggle. According to Becker’s CFO Report, hospitals’ medical equipment lifecycle (MELC) costs average $93 billion a year. Of these costs, up to 16% will be lost due to inaccurate information and lack of resources. One common weak point is...
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...
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...
