Don’t Sell What You Don’t Own

Selling medical equipment that you don’t actually own can end up costing your hospital a lot of money. Verify that you own the equipment before selling it or trading it in to another supplier to save your hospital from paying costly penalties.

 

For hospitals committed to recovering the most value from their medical equipment disposition efforts, the penalties paid to equipment leasing or rental companies can quickly erase any value they may have recovered through disposition. So make sure your hospital owns the equipment before selling or trading it in, and avoid the mistake of selling equipment your hospital doesn’t own.