Selling Used Medical Equipment

With new technology emerging in the medical field on nearly a daily basis, it is inevitable that, at some point, you will find yourself with used equipment that you are no longer in need of. Selling used medical equipment is an excellent way to clear out space while earning a bit of money to reinvest in newer equipment for your practice.
Used Medical Equipment
There are numerous benefits to selling used medical equipment as opposed to keeping or discarding it. Depending upon what type of machine it is, throwing it away can be quite costly due to the regulations for properly disposing of used medical devices. Selling it saves space in landfills, and it increases the amount of money in your bank account. Additionally, although it may not be up to the standards of your practice, it may be exactly what another physician or healthcare facility is looking for. By selling it to them used, you can save them a lot of money while allowing them to get the equipment they need.

Things to Keep in When Selling Used Medical Equipment

When selling used equipment, there are several things to keep in mind. First, you must decide if you are going to sell it yourself or if you would rather work with an outside vendor. Working with an outside company means that you will not get to keep the full sale price of the item, but doing so can save you a considerable amount of time. Selling equipment on your own means that you are responsible for researching the item, taking photographs, writing an enticing advertisement and fielding emails and phone calls from potential buyers. You are also responsible for ensuring that the equipment meets industry standards. If you sell your equipment to a wholesaler or distributor, however, they will handle all of this for you. If you choose to sell your equipment through one of these companies, be sure to find one that specializes in medical equipment to ensure that they are familiar with industry standards and regulations.

Whether you are selling your used medical equipment yourself or enlisting the help of an outside company, gathering any information you have is important. This includes manuals and any service or repair records you may have. These documents will make it easier to sell the item, and they will also increase the amount you can sell it for. No matter what your needs may be, selling used medical equipment is a good way to make extra money.

About Stephen C Fox

Stephen C. Fox is the Founder and President of MedaVenture which provides management and consulting services for hundreds of aesthetic medical practices throughout the United States and Canada. For more information on MedaVenture and what they can do for your medical practice go to www.medaventure.com.
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