Medical, Lab & IT Equipment Benchmarking & Analytics

Medical, Lab & IT Equipment Benchmarking & Analytics

June 23, 2020

Blog

Are You Ready for the Unexpected?

Today’s healthcare environment is very uncertain, and COVID-19 has challenged hospitals in numerous ways and is forcing them to adapt to a new normal.  This includes having to manage ongoing supply chain disruptions and limited availability of critical PPE, supplies, and equipment.  It can be stressful – or worse – if your hospital is not ready with the supplies and equipment required to meet the (unpredictable) needs of patients and staff.

Plan ahead and buy now so your hospital is certain to have the resources it needs.  Whether it be increasing the stockpile of critical supplies, buying alternative products when a preferred product is unavailable, or renting equipment to backfill your fleet while waiting for new equipment to arrive, taking action now will help reduce the risk of not being ready when your patients and staff need it.

No one can predict how long the operational and financial challenges of COVID-19 will continue, so planning for the unexpected is a prudent strategy.  Don’t wait to invest in the resources you need, as waiting only increases the risk that what you need won’t be available or that you may be forced to buy at inflated prices due to market conditions at the time.  Play it safe and act now, and be ready for whatever may come.

Know the right price.

And get it.

Having the right information saves hospitals time and money on medical equipment lifecycle costs.

Matt Werder

Chief Technology Officer

Hennepin County Medical Center

“Miga’s data is key to helping us be good financial stewards and validates we are using our resources wisely. The market intelligence provided by Miga’s EVMS platform has allowed us to save substantial amounts of money.”

Matt Blashill

Enterprise Director of Supply Chain

Lake Region Healthcare

"There’s a personal touch that sets Miga apart from their competitors. They don’t just offer great insights. They always take the time to provide additional analysis that is meaningful and actionable."

Dan Bazinet

Director of Clinical Engineering

Southcoast Health

“In all my years in health care, I’ve used a lot of benchmarking tools. Most simply repeat information passed along from others; Miga’s information tells me what’s really happening.”

COO

Community Hospital

"Miga's negotiating skills save us time and money. And their unique understanding of the market means we’re always playing from a position of strength."

Supply Chain Director

Regional Healthcare System

“All suppliers claim to have excellent customer service. Miga actually walks the talk and always has our best interest at heart. We love working with them."

"Miga’s ability to match equipment donated by their customers with the needs of our medical projects has been a most valuable and welcomed resource."

Jim Tierney

CEO

Suburban Radiology

“Miga’s data, analysis and expertise – in particular related to the fair market value of clinical equipment – is a critical resource we need to support strategic acquisitions, divestitures and joint ventures.”

Eric Hoag

Director, Corporate Strategy & Development

Allina Hospitals and Clinics

“Miga’s proprietary data and expertise was critical to our ability to close an acquisition deal quickly and with a high level of confidence in our valuation.”

Bill Barta

Corporate Director, System Imaging

Fairview Health Systems

“Miga’s objective information-based approach and understanding of the needs of hospitals makes them a valuable resource and helps us make the most cost effective spending decisions.”

Scott Bosch

Manager of Clinical Engineering

Park Nicollet Health Services

“The groups responsible for managing technology in our healthcare organization need data and analysis to manage costs and make informed decisions. Miga’s EVMS platform is an important and valuable resource that helps us make the right decisions for both our clinical priorities and budget.”