Medical, Lab & IT Equipment Benchmarking & Analytics

Medical, Lab & IT Equipment Benchmarking & Analytics

August 05, 2025

Industry Tips

Competitive Alternatives: Get Buy-In Before You Buy

In the last tip, we saw how having a viable competitive alternative is proven way to strengthen your position when negotiating for capital equipment. But sometimes, your own hospital can make it tough for you to use that strategy.

Hospital end users often develop a seemingly blind loyalty to a specific product for any number of reasons (a proprietary feature, system/brand familiarity, a convincing demo, etc.). For those colleagues, it can seem like the mere suggestion of an alternative will be met with overwhelming resistance. You’re at an impasse: you need a viable second option, but your users only want one. What do you do?

Get user buy-in by helping them understand the broader product considerations. If you have a truly viable alternative, it should offer several relative advantages over the preferred system—so frame it in terms of potential benefit to users. Would overall hospital workflow improve? Would reimbursements change? Would savings offered by the alternative system allow the department to redirect their budget toward other priorities? Help users understand how another product would still meet their clinical needs by sharing product literature or connecting them with users at other hospitals, because it’s entirely possible that they just aren’t aware of the feature similarities in another system. It might take some extra time and effort, but it’s worth it. Working with users early in the contracting process makes it easier to secure buy-in (even if begrudgingly), letting you negotiate with as much leverage as possible.

Recently, a Miga hospital client discovered the value of user buy-in while upgrading a group of cardiac ultrasounds systems. At the time, there were as many as 18 different models from multiple different OEMs in use. After working to understand the users’ most pressing needs, the client identified two viable replacement options and convinced users that either one would suitably meet their needs. By taking advantage of a promotion from the alternative system’s supplier, the hospital was able to realize $357,000 in incremental savings. Better still: after an initial learning period, many of the users found that they actually liked the new systems MORE than their previous preference.

But what if you really can’t get agreement on anything but “the one”? There’s a final strategy you can use to level the playing field with a competitive alternative. But that’s next month’s tip!

Know the right price.

And get it.

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

Scott Bosch

Director of Clinical Engineering

HealthPartners

“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.”

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.”

"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.”

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."