TractManager and BidMed have reached a collaborative agreement to ensure that you have the best options for acquiring refurbished equipment and disposing of your used equipment. Our Secondary Market solutions provide powerful data analysis that lets you compare real market values on new equipment, trade-in offers, and secondary market equipment for asset purchases and dispositions.
Effective use of Secondary Market solutions can provide returns of 3-6% to a facility’s capital budget. This could represent hundreds of thousands of dollars in residual value of older equipment that your hospital or health organization no longer uses.
Capital Acquisitions and Dispositions
|New Equipment – Compare new equipment prices across the industry to increase negotiating power on new asset purchases.||Trade-In Offers – Validate your offer compared to other recent offers in the industry and decide if it’s the best option available.|
|Secondary Market – Compare recent purchase pricing on quality refurbished assets to gauge viability of secondary market equipment.||Resale Value – See what similar equipment is selling for on the secondary market now, and connect with qualified buyers.|
Why consider the secondary market?
Accessing the secondary market returns value to your bottom line in 3 ways:
Trade Validations: OEM trade-in offers don’t always provide the best returns. With BidMed’s database of secondary market values, you can compare the vendor offers with actual market prices paid.
Reselling Equipment: When resale is the best choice for your retiring equipment, BidMed’s extensive network of legitimate buyers ensures you get a fair offer.
Buying Refurbished: Increasing numbers of hospitals are buying refurbished medical equipment. Without an experienced, proven partner, this can be a precarious process. BidMed is that trusted partner, and has personally validated every vendor they work with in the reselling and purchasing of refurbished equipment.
How Secondary Market Solutions Works
|Subscribe||Request Reports||Make Informed Decisions|
|MD Buyline subscribers gain access to unlimited market intelligence reports. Secondary Market Solutions includes analytics on both new and secondary markets.
MD Buyline quote schedulers help you navigate the process by:
|New vs. Refurbished Purchases – submit details on equipment required, and we will provide:
Trade-in vs. Resale – if you are replacing existing equipment, we can compare trade-in offers with current fair market values (FMV).
If the FMV is reliably higher than your trade offer, BidMed can help find a buyer for the equipment.
|Armed with the top market intelligence available, you can make decisions that will result in the best returns:
If your best value is found in the secondary market, BidMed will work directly with you to make your purchase or sale.