Medical, Lab & IT Equipment Benchmarking & Analytics

Medical, Lab & IT Equipment Benchmarking & Analytics

April 15, 2021

Blog

Order Critical Products in Smaller Quantities

Over the course of the COVID-19 pandemic, hospitals have found many types of equipment and supplies hard to obtain. Demand is simply greater than suppliers can keep up with, and many critical products are on backorder or subject to limited allocations. Many hospitals have significant orders pending that they are unable to get filled. Consider another way to get what you need.

Try placing a smaller order. Particularly with the challenges of the pandemic, suppliers are trying hard to fulfill the needs of as many hospitals as possible. It’s easier for them to fill smaller orders and they often have the ability to expedite these lower quantity orders as quickly as overnight.

One community hospital recently learned this when trying to navigate a national shortage of fetal scalp electrodes. They had been waiting for weeks for their regular order to be filled, and were on the verge of running out. They learned that if they requested an ‘emergency allocation’ and placed a new order for just a single case, it could be approved and shipped immediately to arrive overnight to prevent them from running out. While ordering less may not always be possible, it is one possible source of a short-term solution until you can get your full order fulfilled.

Know the right price.

And get it.

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

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.”

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."