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

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if yes if yes if not if not if not Can another in-network facility use the asset? For members within a defined network, reallocang 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 Disposition Low-value assets must be grouped to have enough value for pick-up and/or resale. BidMed can help idenfy when sufficient low-value assets have accumulated in order to list, sell, and remove as a lot. Private Exchange With a customized plaorm exclusive to your network, the Private Exchange makes asset reallocaon simple. Approved users can list transfer items, then track and approve offers within the system. Public Exchange The Public Exchange is a resale plaorm available to both sellers and buyers. Leveraging this plaorm helps maximize value recovered, especially since many registered buyers are end users. GreenBook FMV Report Fair 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 disposion method(s). Asset Disposition Workflow BidMed’s Tech Suite supports asset disposion within the client’s exisng workflow. The process begins with a fair market value (FMV) report when an asset is idenfied for replacement. This report helps determine the best disposion method(s) available. What is my equipment worth? ©2019 BidMed, LLC | BidMed.com | [email protected] | 866.811.1441

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Page 1: Asset Disposition Workflow - BidMed, LLC · the asset’s current fair market value. Is the asset worth significant value? High-value assets can be listed and sold to another medical

if yes

if yes

if not

if not

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?

©2019 BidMed, LLC | BidMed.com | [email protected] | 866.811.1441