Tips

Nobody wants to lose money on equipment trade-ins, but how can you avoid it happening to your hospital? Our last tip highlighted how establishing the price of the new equipment without any trade-in factored in is a good ...

Would you trade in your car without knowing what it is worth? Of course not. Would it surprise you to learn that hospitals do it with their old medical equipment every day?  The decision to trade in equipment is often on ...

When you purchase medical equipment, you may think you're getting the best price, but there are many variables that affect the true cost of equipment:  product configuration and options; pricing terms and applicable disc ...

As the hospital industry works on recovering from COVID-19, managing costs has taken on even greater urgency. The financial impact of grossly inflated prices for equipment, PPE, and supplies (often double or more pre-pan ...

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 ...

You’ve probably received an equipment purchase quote with one or more “free” line items. In reality, it’s not likely these are really free. The costs are likely buried elsewhere in the quote. Free is Rarely Ever Free ...

Who doesn’t like saving money?  The COVID-19 pandemic has increased the financial challenges facing hospitals, and saving money is more critical than ever. The idea of saving money is appealing, but figuring out how to a ...

Hospitals continue to face challenges brought on by COVID-19, and hospital staff are all being asked to do more with less. This includes taking on the responsibilities and tasks of coworkers whose positions have been tem ...