When you no longer have a need for certain medical instruments or surgical devices, you face the following traditional options: you can throw them out, give them someone or try to sell them. Alternatively, some refurbished medical equipment providers offer asset management programs, which can help create additional revenue for you without taking up your valuable time trying to negotiate sales or source necessary repairs. The following are five advantages of what an asset management program can offer your practice.
1. It’s profitable.
Getting rid of surplus equipment by using a manufacturer trade-in program might translate to receiving a lower value for the equipment than you’d like. A quality asset management program’s staff are skilled at assessing fair market value for your equipment based on retail, wholesale and liquidated sales histories.
2. You’re poised to take advantage of the equipment provider’s substantial network.
Your equipment provider accepts your devices on consignment, selling directly to its global base of hospitals, surgical centers, clinical facilities and medical offices and shares the sales proceeds.
3. Equipment is restored to fully-functioning, prime working condition so it’s easy to sell.
Having a dedicated team of experts refurbishing and repairing your devices means they’re saleable as quality goods, with manuals, customer service and support included.
4. The program has the capability to accept a wide range of product lines.
Whether its specialty equipment like orthopedic implants, prep and sterilization items, video towers , imaging equipment, flexible scopes, monitoring instruments or other devices like incubators and ventilators, a program can have the broad-based ability to take in goods from the full range of available medical specialties and facilities.
5. Multiple sales channels can help maximize your revenue potential.
An asset management program can provide income opportunities for your equipment through its connections in the wholesale, retail and liquidation sales sectors.
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