Tips

Hospitals often think they successfully negotiated savings and a "best deal" on medical equipment because they either paid a lower price than they were previously quoted, or used third party benchmarking to reduce the pu ...

Does your hospital have a "scary" amount of outdated or unused medical equipment sitting around like "ghosts in the basement" (consider the unused medical equipment sitting in your warehouse, all it needs is a sheet with ...

Too often, hospitals focus on saving money on the purchase price of medical equipment, while overlooking many other costs beyond just purchase price required to maintain equipment for its entire life. Consider adopting a ...

Hospitals often assume trade-in values offered by their suppliers are fair. But how do they know? The reality is, many trade-in offers often can be as much as 50% lower than trade-ins being offered to other hospitals, or ...

If you suspect you may be over-budgeting your 2019 capital equipment purchases, chances are, you're right. When purchasing capital medical equipment, the difference between the quote used to create your budget and the be ...

Leasing medical equipment can be a great way to get equipment your hospital needs while paying less up front, benefiting from predictable monthly expenses (including maintenance), and often enables you to get more equipm ...

3D printing technology is rapidly growing in its applications against a wide range of industries, and is used to manufacture everything from eyeglasses to commercial airplane parts. Did you know that 3D printing can be a ...

Too often, when negotiating equipment purchases or service contracts, hospitals miss the opportunity to gain final price concessions or other incentives because they may not fully appreciate the power of "making a commit ...

In the case of medical equipment, a phantom is a specially designed device used to calibrate imaging systems so you can see better images. In this instance, the use of "phantom" is referring to equipment you can't see be ...

Easy. Hospitals are used to wading through pages of long equipment quotes with numerous line items of different products and components that often don't include line item pricing. Make your suppliers help you save by ins ...