June 2016 Newsletter

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June 2016 Newsletter

Surplus Medical Equipment: Is there a Market for it?

operating room with X-ray medical scan.

Decommissioned medical equipment is part of the equipment life cycle that many facilities find challenging.  These challenges cause many facilities to move equipment into storage (out of sight out of mind) or discard because the remaining book value has depreciated to $0 and they don’t think the asset is worth anything.  Following are a few things to consider about your decommissioned (surplus) equipment:

  • Time restraints and lack of market knowledge are reasons why hospitals don’t actively manage their surplus equipment in a timely fashion
  • Approximately half of equipment removed from service still has secondary market value
  • Just because an asset is no longer functional does not mean it doesn’t have value.  Many buyers purchase these types of assets to use for parts
  • Just because an asset doesn’t have book value doesn’t mean it won’t have secondary market value
  • Secondary market value may provide higher returns than OEM trade-in values
  • Working with a third party vendor to help identify assets with no value provides justification for discarding the asset with hospital administration, eliminating the need to put into storage

It’s important to understand that there is a market for surplus equipment and having a partner who understands the secondary market can offer benefits to provide the best return on your investment while minimizing time and space restraints surplus can have on your facility.


MRG Projects: 

Completed an Ohio audit of 10 physician practices with an asset count of over 2,000 assets, valued at over $500,000

Appraisal of the month:

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1qty Dornier Medilas H Holmium laser

-FMV: $10,000.00

 

 

 

MRG Hospital Fun Fact:

In a study to improve hospital design for children, researchers polled 250 children regarding their opinions on clowns and every single one of them reported disliking or fearing them. –Source


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

Manage Resource Group Exhibiting at AHRMM


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Manage Resource Group Exhibiting at AHRMM Booth 1004


IF YOU MANAGE HEALTHCARE SUPPLY CHAIN, AHRMM16 IS A MUST-ATTEND EVENT FOR YOUR 2016 TRADE SHOW CALENDAR

AHRMM16 Exhibition, Aug 1-2, San Diego Convention Center, is the premier showcase of the latest products, technology, and services for healthcare supply chain. The exhibition brings together approximately 200 vendors and more than 1,000 attendees, collectively managing billions of dollars in healthcare purchases. The trade show offers an ideal forum for establishing and strengthening professional relationships to improve effectiveness and efficiency of supply chain operations.

Come experience the best networking opportunity of 2016 and learn about recent advances within the healthcare supply chain field. With exhibitors in nearly every healthcare category, you are sure to find the solutions you need to improve and streamline your operations.

Manage Resource Group Inc. will be exhibiting at AHRMM16 Exhibition, August 1-2 at the San Diego Convention Center. Be sure to stop by and visit us at booth 1004

Register today at www.ahrmm16.org

Visit Manage Resource Group at www.manageresourcegroup.net


 

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Free Appraise Now™ with an Onsite Inventory-Appraisal

Free Appraise Now™ with an Onsite Inventory-Appraisal during the month of Juneappraise-now-tm button - white bkrdMRG’s inventory and appraisal service provides a third party objective view that captures all demographics associated with physical assets. Information gathered from audits can be leveraged during the acquisition process.  MRG specializes in providing audits for the following:

Physician practices

Surgery centers

Imaging centers

Sleep labs

Dental practices

Dialysis centers

Hospitals

During the month of June receive a free Appraise Now™ when you contract MRG to perform an onsite inventory and appraisal.  (Appraise Now™ must be used before July 31, 2016).  In order for promotion to be applied, please reference “JunePromo16”.  Please contact one of our sales professionals at (888)-557-4797 for any additional information.

Manage Resource Group Adds New Member to the Team!

blog photo 6.2.16

Manage Resource Group would like to announce our newest team member, Dave Holy.  Due to our growing customer base and increased demand for inventory/appraisal services, Dave will be vital in supporting projects throughout the country.  He will manage online sales and operations for MRG.

Dave brings years of project management and network/IT experience to Manage Resource Group.

He can be reached at 440-623-9725 or dholy@manageresourcegroup.net