Medical, Lab & IT Equipment Benchmarking & Analytics

Medical, Lab & IT Equipment Benchmarking & Analytics

March 01, 2016

Blog

Welcome

Welcome and thanks for taking the time to check in with Miga. We appreciate your interest and hope you will find our thoughts helpful in reducing your hospitals annual medical equipment lifecycle expenses by 12-16%.

Hospitals in the US spend more than $90 billion every year on medical equipment-related expenses. At least $11 billion of this spending is wasted.  For more than 10 years, Miga has been helping hospitals identify where their share of this $11 billion lies hidden in their equipment, service contracts purchases and value lost when equipment is traded, sold or disposed of.

We’ll show you how better pricing information, based upon what your competitors are paying, can better inform your benchmarking efforts; and how to strengthen your negotiating position with OEMs. We’ll share with you how to learn what your existing equipment is worth; and what you should expect to receive should you decide to trade it on new or used equipment purchases or sell it on the open market. We’ll demonstrate how you can find qualified alternative service providers and save you as much as 50% over OEM rates. And we’ll show you where to turn to help you locate equipment you need.

We welcome your input, suggestions and questions for topics you’d like to see covered here. We share your goal of helping hospitals do more, for less and look forward to hearing from you. Thanks again.

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."