How To Buy And Sell Pre-Owned Medical Equipment

Health Insurance Companies Process 1 in 5 Claims Wrong

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


11 Responses to “How To Buy And Sell Pre-Owned Medical Equipment”

  1. 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.

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

    Reply
  3. 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.

    Reply
  4. 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.

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

    Reply
  6. 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!

    Reply
  7. 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.

    Reply
  8. 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.

    Reply
  9. 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.

    Reply
  10. 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.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Allowed HTML tags and attributes

Learn how to outsource your Medical Billing today

Call Now 703-327-1800

Get a Free Quote