Refurbished Medical Equipment The global market for refurbished medical equipment is expected to reach $34 billion by 2030. This growth is driven by a number of factors, including the rising cost of new medical equipment, the increasing demand for healthcare services in emerging economies, and the environmental benefits of using refurbished equipment. What is refurbished …
Asset Disposition
Choosing the Right Asset Disposition Partner: Considerations for Maximizing ROI and Reputation
Asset disposition is a critical process for any organization that deals with equipment and other tangible assets. Choosing the right partner is important, as it can have a significant impact on the organization’s bottom line and reputation. In this post, we’ll discuss some key considerations to help you choose the right asset disposition partner. Understanding …
Maximizing the Value of Your Used Medical Equipment through Auction Services
Used Medical Equipment and Auction Sales Selling medical equipment through auctions can be an effective solution for disposing of surplus or outdated equipment. The primary benefits of this method include cost savings, a wider range of equipment, and a more efficient process. In terms of cost savings, auction prices are often lower than outright sale …
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Data Security and Asset Disposition
How to know if your data is safe with your asset disposition vendor? The HIPAA Enforcement Rule sets the guidelines for investigating breaches of electronic protected health information (ePHI) and the penalties that may be imposed on covered entities responsible for an avoidable breach. Covered entities should be aware that fines and penalties can range …
Choosing MSRO to Donate Equipment During Pandemic
Medical Surplus Recovery organizations play a key role in the supply chain of disturbing much needed medical equipment around the world. Much of the outdated medical devices and disposables are collected and prepared for shipping to these countries in such need. Most qualified MSRO’s have the infrastructure and knowledge to accept and distribute these much-needed …
ZRG and the Sustainable Way
In 2018, hospitals were spending $83 billion per year on new medical equipment. The amount of plastics, metals, greenhouse gas emissions, and water wasted to produce these necessary, life-saving pieces of equipment is astronomical. At ZRG Medical we reduce the amount of waste going to the landfills and the environmental impact of medical equipment production …
When to Decommission Medical Equipment
The market size of medical device manufacturing in the US in 2020 is $47.1 billion dollars.It has been documented that hospitals discard billions of dollars annually in medical equipment. When we decommission medical equipment it usually has been determined End of Life by a letter from the OEM manufacture. This forces the hospital to purchase …
Commitment to Environmental Sustainability
ZRG Medical is committed to providing the highest quality refurbished medical equipment. By preserving our natural environment for our community now and for future generations. Here are some of the ways we accomplish this by: 1) By following the strict R2 standards and exceeding or meeting all EPA environmental laws and regulations 2) By using …
Effective Surplus Donation Relieves Human Suffering
Poor countries, with their lack of resources, poor medical coverage, and densely populated towns and cities, maybe facing an unprecedented disaster as the pandemic strikes them. ZRG Medical generated 480,000 tons of medical surplus in 2019. We believe in Sustainability, Diversity and Giving Back. Our goal is to repurpose one million pieces of high-quality medical equipment …
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When Hospitals Seek Asset Disposition Vendors
When a hospital is looking for an asset disposition vendor. Here is the checklist that ZRG Medical adheres to under the strict R2 standard. Every hospital should use this template in their RFP’s when choosing an asset disposition vendor. There are 13 Provisions that R2 companies are audited to annually. https://bit.ly/34XwZg3 1- Environmental Health and Safety …
