Tips

If your hospital requires the removal of the hard drive to protect against any PHI risk, consider replacing your hard drive prior to selling your equipment or trading it in to maximize the value you recover from your eff ...

Hospitals who use outside (vs. in-house) service to support and maintain medical equipment often rely on a primary service provider. Their relationship with this service provider can deepen over time, eliminating the opp ...

Hospitals typically save the most money when they negotiate the purchase price of medical equipment and the annual service contract price (and terms) separately. This way you know what you are paying for each. Howev ...

Unlike peanut butter and jelly, equipment purchase and service quotes aren't necessarily better together. Suppliers are masterful at packaging product and service quotes to create the "illusion of savings" and to make yo ...

Many medical equipment service providers offer varying levels of annual coverage, and understanding what is actually covered in each of the service options can be challenging. Do you know all the cost components of a ser ...

If your hospital leases new medical equipment, don’t assume you can’t trade-in your existing equipment just like you would if you are buying instead of leasing. If equipment you are replacing is no longer needed, trading ...

At the start of the new year, many hospitals get access to new capital equipment budgets, and departmental personnel are often eager to spend their money. Instead of rushing to issue POs, try slowing down your purchases ...

How can you know if you're getting the best price on your new medical equipment purchase that includes a trade-in of the equipment you're replacing? Start by requesting a quote without the trade-in included (even if you ...

When negotiating medical equipment purchases, hospitals will often ask their supplier, "Is this your best price?" The answer is almost always yes. Consider asking the question a different way to get a better answer. Ask ...

With winter officially upon us this week, for those of you in seasonal climates, don't let a dip in temperatures dip into your budget. Check to make sure you don't have any medical equipment being stored in areas that ma ...