Business Details
22 Years
experience
Medical Equipment Benchmarking Experts
MIGA Solutions has been an industry leader in medical equipment lifecycle cost management since 2004. Our proprietary EVMS Benchmarking 2.0 platform provides hospitals with the most comprehensive data and actionable insights to reduce equipment costs by 12-16%. With over 50,000 data sources covering medical, lab, and IT equipment, we empower healthcare organizations to make data-driven purchasing decisions while maintaining clinical excellence. Our team of experts combines decades of healthcare supply chain experience with advanced analytics to deliver measurable savings across equipment acquisition, service contracts, and disposition.As a trusted partner to leading hospitals nationwide, we maintain ISO-compliant data standards and have facilitated over $14 billion in industry savings. Our non-profit foundation extends our impact through medical equipment donations to underserved communities in 60+ countries.
Services
Benchmarking 2.0
EVMS Platform
Marketplace Services
Data Analytics
Savings Consultation
Details
- Year established: 2004
Highlights and features
- EVMS platform reduces equipment costs by 12-16%
- Access to 50,000+ data sources across medical equipment
- Proprietary Benchmarking 2.0 methodology
- Personalized analysis with actionable insights
- Non-profit foundation supporting global healthcare initiatives
Associations and certifications
- ISO 9001
What people say
12-16% savings
Actionable insights
Market validation
Personalized service
Critical resource
Services
Benchmarking 2.0
Our Benchmarking 2.0 methodology combines 50,000+ data sources with proprietary analysis to deliver actionable insights. Hospitals gain visibility into equipment pricing trends, service contract benchmarks, and market valuations across the entire lifecycle. This data-driven approach enables organizations to validate pricing decisions and achieve 12-16% cost reductions through evidence-based negotiations.
EVMS Platform
The Equipment Value Management System (EVMS) provides real-time benchmarking reports with three-point rating scales for quick decision-making. This cloud-based platform standardizes equipment data across 4,100 manufacturers, enabling hospitals to compare pricing, service terms, and residual values. Users access one-page reports that simplify complex purchasing decisions while maintaining clinical quality standards.
Marketplace Services
Our marketplace experts help hospitals navigate equipment purchases and service contracts using validated market data. From negotiating better trade-in values to identifying alternative suppliers, we provide strategic guidance throughout the procurement process. This service ensures organizations secure optimal pricing while maintaining compliance with clinical and operational requirements.
Data Analytics
With 57,000+ product models in our database, our analytics team delivers customized reports on equipment lifecycle costs. We analyze historical pricing trends, service expenditures, and depreciation patterns to identify savings opportunities. These insights help hospitals optimize capital planning and improve financial forecasting across their medical technology investments.
Savings Consultation
Our consultants work with hospital supply chains to implement sustainable savings strategies. Through case studies and benchmark comparisons, we demonstrate how similar organizations have reduced costs by $34,000 to $1.1 million annually. This service includes training on leveraging EVMS data for ongoing cost management and strategic decision-making.
Questions
How does Miga's benchmarking differ from traditional methods?
Our Benchmarking 2.0 methodology combines 50,000+ data sources with proprietary analysis to provide real-time market validation, unlike traditional hospital-reported data.
What types of equipment does Miga cover?
We cover all medical, lab, and IT equipment including imaging systems, patient monitors, diagnostic analyzers, and associated service contracts.
How much can hospitals expect to save?
Clients typically achieve 12-16% cost reductions across equipment purchases, service contracts, and disposition activities through our platform.
Do you work with both public and private hospitals?
Yes, our client base includes community hospitals, academic medical centers, and integrated health systems across the United States.
How is the EVMS platform implemented?
Our cloud-based system typically integrates with existing hospital systems within 30 days, with full training and support provided.
What support is available for contract negotiations?
Our team provides market validation data and negotiation strategies to help secure optimal pricing and service terms.
