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I recommend AppraiseItNow Inc. highly… I would use them again
They diligently researched both equipment items and provided well-documented reports
AppraiseItNow was able to provide me exactly what I needed on a timely basis
DEFENSIBLE, USPAP-COMPLIANT PRESCRIPTION DRUG APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INSURANCE AGENCIES, LENDERS, AND MORE.
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Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Machinery & Equipment Appraiser
Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.
Vehicle Appraiser
CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow provides certified appraisals of prescription drug inventory held by pharmacies, healthcare distributors, medical practices, and other licensed entities, for insurance claims, bankruptcy, estate settlement, charitable donation, and asset-based lending.
Purposes we serve
Prescription drug appraisals are most commonly needed for:
What the valuation weighs
Our appraisers work from pharmaceutical pricing databases and account for expiration-sensitive value, the regulatory constraints on whether inventory can be transferred, and the controlled substance classification of each product.
How we work
Prescription drug appraisals are typically completed remotely using inventory records, acquisition invoices, and current pharmaceutical pricing data. We coordinate an onsite inspection when the engagement scope requires physical verification of stock, storage conditions, or controlled substance counts. The work is a specialized subset of our machinery and equipment valuations.
We appraise prescription drug inventory across its major categories. The specific drug type, its regulatory classification, and its market availability each affect how value is determined.
Brand, generic, and specialty
The core pharmacy inventory, from everyday generics to injectables, infusion therapies, and limited-distribution specialty products:
Compounded, controlled, and specialized
Inventory shaped by DEA compliance requirements, licensed compounding, and specialized formulations:
Expired and near-expiration
We also appraise expired or near-expiration inventory when a liquidation or a write-off requires a documented value, with expiration status central to that number.
AppraiseItNow serves licensed pharmacists, pharmacy owners, healthcare attorneys, bankruptcy trustees, CPAs, and insurance professionals who require a credible, independent valuation of prescription drug inventory.
Licensed entities and advisors
Licensed pharmacies, compounding facilities, wholesale distributors, and healthcare systems engage us directly, and the healthcare attorneys, bankruptcy trustees, CPAs, and insurance professionals handling their matters rely on the same reports.
Estates and owners
We also assist individual estate representatives and business owners navigating insurance claims, asset sales, or regulatory compliance situations involving pharmaceutical assets.
What prescription drug appraisal clients say we are known for
Across 16 published prescription drug appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
I recommend AppraiseItNow Inc. highly. I needed an appraisal of fair market value for geologic laboratory equipment for charitable donations to three universities. The unique items and limited secondary market complicated the valuation. They provided a sound, verifiable estimate and the 8283 forms that I was able to use in my tax filings. I would use them again.
Lab Equipment Appraisal for Charitable Donation
AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
Machinery & Equipment Appraisal
I needed an IRS-qualified appraisal for an unusual and costly piece of medical equipment. AppraiseItNow was able to provide me exactly what I needed on a timely basis. The personnel at the company are very friendly and helpful. I would definitely use them again.
Medical Equipment Appraisal for Charitable Donation
Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
Machinery & Equipment Appraisal for Bankruptcy Filing
I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
Technology Equipment Appraisal for Divorce
They did an appraisal of medical equipment for donation. They did it quickly, and I received a blank form 8283 signed by the appraiser. It was what I needed. The price was higher than I wanted to spend on an appraisal, but a lot lower than other appraisers. AppraiseItNow was very responsive and communicative, and the other appraisers were not. I would use them again.
Medical Equipment Appraisal for Charitable Donation
Submit estimate or list of items for our review.
We'll share a flat fee quote for your approval.
Submit details on all of your items for our review.
We'll conduct detailed research and prepare a written USPAP-compliant report.
Delivery of your report and supporting documents (e.g., signed IRS Form 8283) by email.
Standard Fee Range
$695 – $2200
Standard range for our Prescription Drug appraisals based on past projects
Two report tiers. Your intended use sets which one you need.
from $295
USPAP-compliant report for standard purposes
from $395
USPAP-compliant and IRS-qualified report for advanced purposes
Please note that the fees listed below are for informational purposes and are subject to change. Our team will review your materials and issue your quote before we get started.
1 item
$295 – $595
Single medication appraisal
10 items
$995 – $2200
Small lot or mixed medications set; varies if conducted onsite
50+ items
$5K – $10K+
Larger inventory; frequently done in-person
Our Prescription Drug appraisal fees are transparent, scope-based, and designed to be fully USPAP-compliant for your intended use. We don't bill by the hour and will propose a fixed fee before we start our work, so you'll know exactly what you are paying before engaging our team. Please note that the pricing outlined here is strictly for informational purposes; before issuing your quote, we will need to get a better understanding of your assets so we can properly scope the assignment.
Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.
Popular uses of our appraisal reports include:
Through sales comparison and cost approaches: tablet presses, blister packers, and filling lines are valued from comparable sales in pharmaceutical and process equipment auctions and surplus dealer inventories, cross-checked against replacement cost new less depreciation. Income capitalization is rarely applied to individual machines because production income cannot credibly be tied to one asset inside an operating facility.
Yes. Whether a machine still meets current FDA cGMP and validation standards materially affects its effective age and its functional and economic obsolescence, and therefore the depreciation taken from replacement cost new. Year of manufacture, usage hours, and maintenance records feed the same calculation. Equipment that cannot be validated for current production may carry heavy obsolescence adjustments no matter how clean it looks.
Rarely, and blanket recommendations to capitalize production income do not reflect accepted practice. Attributing revenue to a specific machine in a GMP facility is difficult and impractical, which is why professional standards note that sales comparison and cost approaches handle nearly all equipment assignments. A credible report documents that the income approach was considered and explains why it was not applied.
Verified comparables with documented adjustments, and a reconciliation of the value indications into a supported conclusion. Weak reports list a few asking prices without verification, skip adjustments for age, capacity, or regulatory compliance, and never explain how the final number was reached. Each asset should be identified by make, model, serial number, and capacity; vague identification is itself a red flag for auditors and courts.