MERC 2016 in Review
First of all, Happy New Year! Now that we are in 2017, we have had some time to reflect on the medical equipment consulting services we performed this year: both successes and ways to keep improving. We have been proud to serve many great customers over the past years as well as new ones this past year. We look forward to what 2017 holds for us and some exciting developments we will undoubtedly share throughout the upcoming year.
We wanted to share some MERC statistics from 2016 that you may find helpful:
- Inventoried 33,669 assets
- Appraised 23,076 assets
- Performed Estimated Remaining Useful Life on 20,130 assets
- Asset Tagged 9,632 items
- Transition Planning on 4,340 pieces
- Totaled $29,332,682 in appraised value
- Bought and Liquidated surgery center assets
Along with sharing some interesting stats about our 2016, we also want to share several brief overviews of some projects that highlight our year.
Once again, MERC was afforded the opportunity to serve Dignity Health with an asset inventory and reconciliation project of a major hospital in Central California. Our team performed the inventory ahead of schedule and was able to help property accounting reconcile over 99% of the assets to the asset ledger with remaining book value. This arms the client with greater understanding of their asset portfolio and assists in their depreciation and utilization of the equipment in their system.
In 2016 MERC was honored to work with Temple University Health System in Philadelphia, Pennsylvania on over 20 engagements to provide appraisal and liquidation recommendations. This service is performed remotely as a desktop appraisal service on equipment ranging from gastroscopes, major imaging equipment, and even heavy-duty laundry equipment. These pieces accounted for $281,000 of asset value.
Finally, our team was privileged to perform an inventory, assessment, appraisal, and Estimated Remaining Useful Life assessment for a surgical hospital group with outlying clinics and imaging centers in Texas on behalf of United Surgical Partners International. This was a major undertaking due to the number of facilities and combined amount of assets, in the facilities, but MERC was able to finish the on-site work ahead of schedule. These services arm the client with the needed data points to manage and replace their assets going forward.
Our team is excited for the upcoming year and how we can better serve our customers both current and future. If you have any questions about our services or how we can help your facility or group, we welcome you to reach out to us. Have a great 2017!