Resale Projects: Spring cleaning of your “Closet Clutter”
Did you ever open a closet at home where a conglomeration of “stuff” collected falls out everywhere? If so, it may be time for some “Spring cleaning.” The same happens at hospitals. Storage areas and closets become cluttered and disorganized when decommissioned equipment gets stored away. Before you know it, those assets are collecting dust, taking up space, and losing value.
We call these assets “closet clutter.” Although the item no longer has use in your hospital or department, it does not mean it isn’t valuable to someone else. Don’t take an ‘out of sight, out of mind’ approach when it comes to your assets.
There are many reasons why equipment becomes surplus:
- The asset has served its purposed life and is decommissioned
- Department may want to keep an asset for backup
- The OEM is no longer supporting the equipment
- Dr. Smith had to have this piece of equipment and then he left after we purchased it
- The hospital is trying to streamline its inventory throughout the system
- We are renovating and may want to put the asset back into service
Whatever the reason your hospital is storing equipment it’s important to know that just because it’s out of sight does not mean it should be out of mind. It is always best to take a proactive approach when you have equipment that is decommissioned. Your facility may be spending money to maintain these assets or exposed to unnecessary costs by having them sit idle in storage. The longer an asset sits, the more it will depreciate on the open market. Sell the equipment rather than adding it to your collection. The time is now to do some spring cleaning of your storage areas. MRG would be happy to help you turn your “closet clutter” into cash.
MRG Recent Projects:
MRG Inventory & Appraisal project:
MRG recently conducted an inventory & appraisal project for three physical therapy clinics in West Virginia. We appraised over 450 assets at this location valued at $95,555.
MRG Fun Facts:
After such a long, cold winter, we are happy to announce the first day of Spring arrived on March 20th! Did you know:
Spring fever is a real condition! It can occur when a sudden warm spell follows a long cold period. When the temps rise, there’s a dilation or expansion of the blood vessels. The result is an energetic feeling.
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Manage Resource Group, Inc. is a privately owned healthcare equipment management company headquartered in Berea, Ohio. Our client focused services create strategies for each customer to increase profitability on capital equipment. We are industry experts offering the following service lines:
- Inventory services
- Appraisal services
- Resale management
For more information, visit our website at www.manageresourcegroup.net