VALUESTRAT APPRAISAL PHILIPPINES provides accurate, unbiased, and secure medical equipment appraisal services for all areas of healthcare industries throughout the Philippines. Whether you are looking to get an accurate valuation of any insurance coverage, want to place your practice on the market, or need values for any other reason, our medical appraisers can help. Our medical equipment appraisal involves an unbiased opinion about the actual value of your medical equipment that you already have or planning to buy. An accurate valuation from experts can help your organization strengthen any agreements and negotiations. You can be assured as healthcare equipment appraisals are performed by appraisers compliant with the Philippine Valuation Standard (PVS).
Professional Medical Equipment Appraisal Services
Healthcare organizations invest significantly in medical equipment and other fixed assets to provide high-quality medical care. You can trust us as your valuation partner because we comprise a dedicated team of certified valuators with immense industry experience. We offer the most comprehensive medical equipment valuation and appraisal. It includes tangible and intangible asset valuation in every facility, such as cancer treatment centers, cardiology centers, dialysis centers, imaging centers, family and internal medicine, etc. Feel free to contact us for asset valuation as well as medical equipment appraisals.
Types of Healthcare Facilities
Healthcare facilities come in many forms:
- Hospitals
- Imaging Centers
- Cancer Centers
- Dialysis Centers
- Cardiology Practices
- Internal Medicine Practices
- Family Medicine Offices
- Dentistry Practices
- Laboratories
- Ophthalmology Practices
- Physical Therapy Centers
The hospital is the most general and comprehensive healthcare facility, providing a wide range of medical services to patients. The hospital will generally have most of the other “types” as departments – cardiology department, imaging, etc. The other entities are specialized practices and centers which serve specific needs in the healthcare delivery model.
Hospital – Equipment
Hospital machinery and equipment is generally organized and classified by department with a wide variety of departments in use at most hospitals. Most of the money spent on equipment in a hospital is not on machines such as x-rays but on disposables and consumables. However, the equipment which is of value, including collateral value, includes the equipment in the following departments:
- Imaging
- Emergency medicine
- Cardiology
- Operating rooms
- Intensive care unit
- Pathology
- Laboratory
- Beds, stretchers, FF&E
- Specialty departments: dermatology, ob gyn, hematology, bariatrics, etc.
Imaging Department
The most expensive and highest value equipment in the hospital is typically in the imaging department:
- Magnetic Resonance Imaging “MRI”
- Computerized Tomography “CT Scanner”
- Ultrasound
- X-Ray, C-Arm
- Flouroscopy
- Echocardiography
- Positron Emission Tomography “PET Scanner”
- SPECT Scanner
Much of this equipment has a useful life of 7-10 years in primary service, but most are used longer in practice. Valuation of this equipment by appraisal must consider the three primary approaches to value: the income approach, the cost approach, and the sales comparison approach. The income approach considers reimbursement rates, the fees approved by CMS which are a big portion of the income of imaging centers at hospitals and standalone.
Calculations can be done using the average reimbursement rate and average fees multiplied by the utilization rate of, say, the CT scanner being appraised. But the most common and straightforward approach to valuation is the market sales comparison approach. There are multiple resources which can be used to gather market sales data, including the active website marketplaces medwow.com and dotmed.com, but it is important to work with knowledgeable brokers to determine reasonable market values.
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