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How To Buy And Sell Pre-Owned Medical Equipment

How to buy used medical equipment - FI

Following is a Guest Post from Patrick Kelly the CEO of BioMed. He prepared a checklist I thought would be of interest to our medical practices.

In a perfect world, there would be no limit to the care doctors and physicians could provide. Yet the unfortunate reality is, health care providers need to be just as concerned with their financial health as they are with the well-being of their patients.

Fortunately, doctors and medical facilities can find a way to care for both through the secondary equipment market. When buying or selling used devices and fixtures, these providers can save money on their operating costs. At the same time, they also can continue to provide high-quality care to their patients.

In many or perhaps even most cases, the quality of pre-owned equipment is comparable to new products. As long as buyers and sellers know what they are doing, used medical equipment can be just as effective for providers as brand-new devices while also being cost-effective.

Understandably, the process of buying or selling pre-owned medical equipment is more complicated than it would be for a used car. Both buyers and sellers must be aware of how to go about it to help ensure the best results for everyone.

The accompanying checklist provides anyone looking to buy or sell medical equipment on the secondary market with some useful tips. When done with care, these types of transactions can be beneficial for hospitals, health care providers and patients.

How To Buy And Sell Pre-Owned Medical Equipment from BidMed

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44 thoughts on “How To Buy And Sell Pre-Owned Medical Equipment”

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    My brother is opening a pediatric clinic in Two Harbors later this year, so he needs to get medical equipment to use for his new medical facility soon. I appreciate your tip when you told us to always confirm the equipment’s condition first before we buy them to ensure that there aren’t any signs of damage or wear that we should be wary of. I’ll be sure to do so once I help my brother find a medical equipment supplier in Two Harbors to contact about the medical devices he needs for his pediatric clinic soon.

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    Thanks for mentioning that medical equipment sellers should always know who is buying. I work in a medical clinic and I’m in charge of purchasing some new monitors this month. I’ll look online to find a reputable seller to pick from.

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    Dr Shruti Vichare

    I have a Phillips company oxygen concentrator machine which I bought for rs 54,880 on Feb 2023…it was hardly used for 2 months… Oxygen machine is cleaned sterilized and packed with its original bill and manual of instructions

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    Great insights! This blog provides practical guidance for buying and selling pre-owned medical equipment. It emphasizes the importance of research, credibility, and proper maintenance. A valuable resource for healthcare professionals navigating the cost-effective and sustainable options in the medical equipment market.

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    You make an interesting point here. I appreciate the detail that went it this post, it truly helps us better understand the topic when you reference so many key aspects. Appreciate the good read!

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    It really helped when you elaborated on buying pre-used medical equipment and the importance of checking its condition first. I have a cousin who’s interested in purchasing new equipment before starting his business in a few months, so I’ll share your insight with him right now. I appreciate your tips on buying medical equipment and how to make sure you’ll buy from a reliable provider.

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    Healthcare providing service hospitals hire medical billing companies to ease healthcare services. So, the best medical billing companies seek to use the best machines and tools to facilitate customers. This essential article gives us leading points if we purchase machinery in the future for FreedomBilling Company in the United States.

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    You made a good point when you said that medical equipment buyers must be aware of any damage or wear on the equipment. This is something that laboratories and other medical facilities must consider in order to purchase damage-free x-ray machines. I could imagine how your tips could allow equipment buyers to choose the right units.

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    You made a good point when you said that used medical equipment should be inspected well to find out if there are wear and tear. This reminded me of orthopedic facilities that need to purchase a c-arm system in order to better serve their patients, especially during emergency procedures. I could imagine how your tips could ensure that they would be able to find medical equipment that won’t easily get damaged.

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    You got my attention when you said that buyers must always inspect the equipment when possible and must be cautious. This is something that diagnostic centers need to consider when shopping for medical equipment like vascular ultrasound machines. I could imagine how beneficial it is to consider buying new ones to ensure the quality of the diagnostic machines.

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    This is a splendid article! I am absolutely going to bookmark it to read it over again after completing my work. It seems to cover the most important information about the topic in points.

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    I like that you emphasized the importance of confirming the condition of the medical equipment by having it inspected before purchasing it. My sister plans to open her own dental clinic downtown. She would need to buy medical equipment for her clinic, so I’ll share these tips with her. Thanks!

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    Great tips! It is a helpful post on buying and sales of pre-owned medical equipment. It can help with medical billing coding sales in Philadelphia.

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    Great article and thank you for sharing. I agree that purchasing used medical equipment can be a great way for health care providers to keep some really high costs down. Our clinic has purchased several items from Mazree (www.mazree.com – they are an online auction site for many large health systems to sell their used medical equipment). It worked great for us – the equipment was in good shape and we saved thousands of dollars compared to buying new. I am a big fan.

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    What an interesting article! Transparency is always vital in selling and buying anything related to healthcare. Seeking the advice of a qualified healthcare professional would be a good idea.

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    I was just searching on Google, and I am stoked that I did. I will definitely be coming back here more often. Wish I could add to the conversation and bring a bit more to the table, but am just taking in as much info as I can at the moment. Thanks for sharing.

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    It’s interesting how you mentioned that buying used medical supplies and equipment can help you save a lot of money. My friend’s father is a doctor and he would like to have his own clinic but he is thinking about how much he will need to open it up. It would be a great idea for him to buy used medical equipment so that he does not have to have a huge budget to run his own clinic.

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    Thank you for your tip to confirm the condition of the medical equipment you’re thinking of buying. My sister works at a hospital and she was telling me that they needed some new laser equipment. I will make sure to tell her if they are buying used equipment to be sure to check the equipment condition first.

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    medical billing and coding program, nyc

    Thanks for sharing the amazing tips with us. some ideas you shared maybe going useful for me. Keep up the good work.

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    This is an informative post. Got a lot of info and details from here. Thank you for sharing this and looking forward to reading more of your post.

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    Hey very nice blog. I came across this on Google, and I am stoked that I did. I will definitely be coming back here more often. Wish I could add to the conversation and bring a bit more to the table, but am just taking in as much info as I can at the moment. Thanks for sharing.

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    Irving Electrician

    Nicely done! Thank you for this article, it is very important to reinforce specific buying parameters when buying the used equipment.

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    This is absolutely right that selling used medical equipment is not that easy. But the advantage of buying used medical equipment is that you get it in the half price of new one. That’s why it is good to buy used one. But you may have to check many parameters before buying it. Thanks for sharing awesome blog!

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    I find it interesting that you said that medical professionals can opt for second-hand equipment to save money on operating costs. In my opinion, after getting one, they should also focus on enrolling their staff in medical programs that teach them how to use the device. For example, if I owned a general clinic and I just got bought a new X-ray machine, enrolling two assistants into a BMET program will help them use it safely and responsibly in the future.

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    Thanks for pointing out how selling your medical equipment to a broker will give you fewer risks for the transaction. I8 would think that people who are looking to quickly jump ship and open another business will be contented on the marginally lower returns that selling their gear to a broker can give them. This is a really informative piece about pre-owned medical gear and it can surely help a lot of medical facilities liquidate their assets.

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    It got me when you said that I can talk to a medical equipment company or any third party organization that knows a lot about them to help me look for the best equipment to use in the clinic. Since the clinic is expanding, and we are adding a few more services, I do think that we need to consider this. That way, we can provide better care of our patients by making sure that the equipment pieces we use on them are accurate.

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    Having patience is a great way when you are trying to work with equipment. Medical equipment and supplies require you to be patient to make sure that you are doing what is right for your equipment. My sister might like this tip as she looks for supplies.

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