{"id":799,"date":"2023-03-15T16:01:39","date_gmt":"2023-03-15T16:01:39","guid":{"rendered":"https:\/\/radparts.com\/cpswp\/?p=799"},"modified":"2023-03-15T16:01:39","modified_gmt":"2023-03-15T16:01:39","slug":"valuing-medical-equipment","status":"publish","type":"post","link":"https:\/\/radparts.com\/cpswp\/custom-articles\/valuing-medical-equipment\/","title":{"rendered":"Valuing Medical Equipment"},"content":{"rendered":"<p><P><P>Establishing the Fair Market Value (FMV) of heavy medical equipment is a multi-layered process. Linear accelerators accrue many costs when adding up the various parts. To better understand how to form a proper valuation, keep reading to become familiar with commonly used appraisal terms.<\/p>\n<p><P><P><strong>Fair Market Value (FMV)<br \/>\n<\/strong>Also known as \u201cretail\u201d value, FMV is the price a buyer should anticipate paying to have the device relocated and installed at their location. Software relicensing, commissioning, and accessories required to operate the equipment are all extra fees.<\/p>\n<p><P><P><strong>Orderly Liquidation Value (OLV)<br \/>\n<\/strong>Sometimes referred to as \u201cwholesale\u201d value, OLV is the price a buyer can expect when selling an \u201cas-is, where-is\u201d product.<\/p>\n<p><P><P><strong>In Place Value (IPV)<br \/>\n<\/strong>Another name for IPV is \u201cturn-key\u201d or patient-ready value. It takes into account the values associated with the machine, including the cost of installation, commissioning, software licensing, regulation, accessories, and residual warranty coverage.<\/p>\n<p><P><P>Some factors that impact the medical equipment\u2019s valuation include:<\/p>\n<ul>\n<li>Age<\/li>\n<li>Configuration<\/li>\n<li>Physical condition<\/li>\n<li>Useful life left<\/li>\n<li>Software version<\/li>\n<li>Functionality<\/li>\n<li>Removal path<\/li>\n<li>Resale market demand<\/li>\n<li>Wear and tear<\/li>\n<li>Geography<\/li>\n<\/ul>\n<p style=\"text-align: center;\">_______________________<\/p>\n<p>&nbsp;<\/p>\n<p><P><P><a href=\"https:\/\/www.radparts.com\/\">RadParts<\/a>, a TTG Imaging Solutions Company, is the world\u2019s largest independent distributor of OEM replacement parts. We specialize in low-cost parts for repairing linear accelerators and radiation equipment. Our mission is to provide high-quality, user-friendly, low-cost components and support for linear accelerators and radiation equipment. Contact RadParts at\u00a0 <a href=\"tel:877-704-3838\">877-704-3838<\/a> to learn more.<\/p>\n<p><P><P><em>Written by the digital marketing team at Creative Programs &amp; Systems: <\/em><a href=\"https:\/\/www.cpsmi.com\/\"><em>https:\/\/www.cpsmi.com\/<\/em><\/a><em>\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Establishing the Fair Market Value (FMV) of heavy medical equipment is a multi-layered process. Linear accelerators accrue many costs when adding up the various parts. To better understand how to form a proper valuation, keep reading to become familiar with commonly used appraisal terms. Fair Market Value (FMV) Also known as \u201cretail\u201d value, FMV is &hellip; <a href=\"https:\/\/radparts.com\/cpswp\/custom-articles\/valuing-medical-equipment\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Valuing Medical Equipment&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,21],"tags":[],"class_list":["post-799","post","type-post","status-publish","format-standard","hentry","category-custom-articles","category-radparts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Valuing Medical Equipment - RadParts<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/radparts.com\/cpswp\/custom-articles\/valuing-medical-equipment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Valuing Medical Equipment - RadParts\" \/>\n<meta property=\"og:description\" content=\"Establishing the Fair Market Value (FMV) of heavy medical equipment is a multi-layered process. Linear accelerators accrue many costs when adding up the various parts. To better understand how to form a proper valuation, keep reading to become familiar with commonly used appraisal terms. 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