asset disposition workflow - bidmed, llc · the asset’s current fair market value. is the asset...

if yes

if not

Can another in-network facility use the asset?

For members within a defined network, reallocating the asset to another facility helps retain value within the system.

Do you have a fair trade-on offer?

To avoid leaving money on the table, all trade-in offers should be validated against the asset’s current fair market value.

Is the asset worth significant value?

High-value assets can be listed and sold to another medical facility. Low-value assets must be grouped into bulk lots for removal.

Bulk DispositionLow-value assets must be grouped to have enough value for pick-up and/or resale.

BidMed can help identify when sufficient low-value assets have accumulated in order to list, sell, and remove as a lot.

Private ExchangeWith a customized platform exclusive to your network, the Private Exchange makes asset reallocation simple.

Approved users can list transfer items, then track and approve offers within the system.

Public ExchangeThe Public Exchange is a resale platform available to both sellers and buyers.

Leveraging this platform helps maximize value recovered, especially since many registered buyers are end users.

GreenBook FMV ReportFair market value reports are available from BidMed’s GreenBook in the SMS.

These reports compare actual resale values for similar assets, and are the first step to determine ideal disposition method(s).

Asset Disposition WorkflowBidMed’s Tech Suite supports asset disposition within the client’s existing

workflow. The process begins with a fair market value (FMV) report when an asset is identified for replacement. This report helps determine

the best disposition method(s) available.

What is my equipment worth?

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