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Case Study: How one hospital was able to beat the trade-in offer from the OEM
June 13, 2023
Problem
A health system was looking to convert their endoscopy fleet of over 600 units. They received a trade-in offer for their old equipment, but they wanted to do better. That's when they reached out to Mazree for help.
Cha
llenges
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Large amount of equipment replaced at one time with no place to store it
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Trade-in can seem like the easier option, but the equipment is worth far more
Our Goal
Our goal is always to provide a solution that offsets the costs for our clients and makes the whole process of medical asset recovery easy and stress-free.
Solution
We provided a cost-benefit analysis and presented a solution that not only included free pick-up and redployment, but also beat the OEM's offer by over $670,000.
Benefits
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Logistics for pick-up providedby Mazree
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Redeployment and Resellmanaged by single vendor
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No upfront cost
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Much higher return forequipment (>$670k)
Results
Our team took on 632 endoscopy assets and came out on top, redeploying 83, selling a massive 480+, and even giving 8 a second life through recycling. With an impressive 94% of all items sold, we hit a grand slam by reaching total endoscopy sales of $1.9 million and saving an additional $1.5 million in cost avoidance.
Conclusion
At Mazree, we know just how important it is to stay ahead of the curve in the healthcare industry, especially when it comes to medical asset recovery.
It is very common for medical equipment to end up in landfills, polluting the environment and becoming a waste of valuable resources. But with our smart auction platform, powered by AI, we're making a difference.
By partnering with hospitals and offering a comprehensive solution for medical asset recovery, we're giving our clients the tools they need to properly manage their assets and profit from them.
Our solution provides a one-stop-shop service, enabling hospitals to resell their unused equipment at maximum value with complete security.