Prosthetics Appraisal

5.0from 80+ client reviews
Prosthetics appraisal services covering charitable donations (Form 8283), insurance claims, and damage claims, prepared in accordance with IRS requirements. AppraiseItNow appraises myoelectric limbs, microprocessor knees, carbon fiber prosthetics, bionic arms, and custom sockets.

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DEFENSIBLE, USPAP-COMPLIANT PROSTHETICS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INSURANCE AGENCIES, LENDERS, AND MORE.

  • U.S. Small Business Administration
  • Chase
  • Wells Fargo
  • Bank of America
  • Nationwide Insurance
  • U.S. Bancorp
  • IRS

The machinery and equipment team behind every report we write

Between them, our machinery and equipment appraisers hold CAGA designations, and every report is written to USPAP for the IRS, insurance agencies, lenders, and more.

Joe Kattan

Joe Kattan

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.

Jason Dolph

Jason Dolph

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.

Marnie Erkelens

Marnie Erkelens

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.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards
Standard
USPAPCertified prosthetics appraisals prepared in accordance with USPAP.
Value definitions
FMV, OLV, FLV, ReplacementFair Market Value, Orderly Liquidation Value, Forced Liquidation Value, and Replacement Value appraisals for various intended uses.
Delivery
Remote unless customizedDevice documentation, manufacturer specifications, and photographs usually suffice; onsite for high-value or highly customized devices.
IRS form
Form 8283Donated prosthetic devices are appraised for charitable contributions reported on IRS Form 8283.

AppraiseItNow provides certified prosthetics appraisals for insurance, estate, donation, divorce, and lending purposes

AppraiseItNow provides certified appraisals of prosthetic devices and related assistive technology. Prosthetics are a specialized and technically complex category of medical equipment, with values that vary significantly by device type, manufacturer, customization, and functional condition.

Purposes we serve

Claims, estates, donations, divorce, and lending

Our prosthetics appraisals serve each of these intended uses:

  • Insurance coverage and claims
  • Estate settlement
  • Charitable donation (IRS Form 8283)
  • Divorce proceedings
  • Asset-based lending

What drives value

Device type, manufacturer, customization, and functional condition

The value of a prosthetic device depends on what kind of device it is, who manufactured it, how far it was customized to the wearer, and its functional condition, so each appraisal weighs all four.

How we work

Documentation and photographs, onsite for highly customized devices

Many prosthetics appraisals are completed remotely using device documentation, manufacturer specifications, and photographic evidence. We coordinate an onsite inspection for high-value or highly customized devices. Prosthetics are a specialized subset of our broader equipment and machinery appraisal services.

The prosthetics we appraise range from basic functional limbs to microprocessor-controlled and osseointegrated systems

We appraise prosthetic devices across the full range of categories, from basic functional limbs to advanced microprocessor-controlled systems, and we value liners, suspension systems, and terminal devices as part of a complete system.

Lower and upper extremity

Below-knee, above-knee, arm, hand, and partial prosthetics

Prosthetic limbs for the lower and upper body, including microprocessor-controlled knees and myoelectric or body-powered arms and hands:

  • Transtibial (below-knee) prosthetic limbs
  • Transfemoral (above-knee) limbs and microprocessor knees
  • Upper extremity prosthetics (myoelectric, body-powered)
  • Partial foot and partial hand prosthetics

Advanced systems and componentry

Osseointegrated, activity-specific, pediatric, and custom-fabricated systems

Advanced and specialized devices, plus the sockets, liners, suspension systems, and terminal devices appraised as part of the complete system:

  • Osseointegrated prosthetic systems
  • Activity-specific prosthetics (running blades, sport)
  • Pediatric prosthetic devices
  • Custom-fabricated socket systems and componentry
  • Liners, suspension systems, and terminal devices

A credentialed prosthetics valuation serves the wearer, the family, and the professionals handling a claim or estate

AppraiseItNow serves individuals, families, and healthcare professionals who need a credentialed prosthetics valuation, along with the attorneys, CPAs, and insurance professionals handling claims, estate matters, or litigation involving these devices.

Individuals and providers

Wearers, families, and healthcare providers

Individuals, families, and healthcare providers engage us directly when a prosthetic device or a complete system needs an independent, credentialed value.

Advisors and insurers

Attorneys, CPAs, and insurers working a claim, estate, or case

Attorneys, CPAs, insurers, and estate administrators rely on our prosthetics appraisals when a claim, an estate, or litigation turns on what a device is worth.

What prosthetics appraisal clients say we are known for

Prosthetics Appraisal Reviews: “I would definitely use them again” and “I highly recommend the AppraiseItNow team”

  1. Being the appraiser they come back to“I would definitely use them again” Richard A.Mentioned in 11 reviews
  2. Answering fast, and staying reachable while the work runs“They were responsive and timely from start to finish” Julia P.Mentioned in 6 reviews
  3. Showing the research and the comparables behind the number“They diligently researched both equipment items and provided well-documented reports” Bob H.Mentioned in 5 reviews
  4. Taking on items other appraisers had already turned downMentioned in 4 reviews
  5. Delivering the finished report ahead of the deadline“They did it quickly” Phil L.Mentioned in 3 reviews

Across 16 published prosthetics 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.
    Alan B. , Denver, CO ·

    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.
    Bob H. , Dallas, TX ·

    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.
    Richard A., Oakland County, MI ·

    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!
    Ana R. , Lawrence, MA ·

    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!
    Julia P., Philadelphia, PA ·

    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.
    Phil L., West Linn, OR ·

    Medical Equipment Appraisal for Charitable Donation

Prosthetics Appraisals Anywhere in the US

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How our Valuation Process Works

1

Appraisal Request

Submit estimate or list of items for our review.

2

Quote Issued

We'll share a flat fee quote for your approval.

3

Kickoff & Intake

Submit details on all of your items for our review.

4

Research & Analysis

We'll conduct detailed research and prepare a written USPAP-compliant report.

5

Report Delivery

Delivery of your report and supporting documents (e.g., signed IRS Form 8283) by email.

How much does a Prosthetics appraisal cost?

Standard Fee Range

$695 – $2200

Standard range for our Prosthetics appraisals based on past projects

  • Fixed fee quoted before any work starts
  • No hourly billing
  • USPAP-compliant report, accepted by insurers, courts and the IRS

Two report tiers. Your intended use sets which one you need.

Standard Prosthetics Appraisals

from $295

USPAP-compliant report for standard purposes

  • Insurance Coverage
  • Personal Use
  • Probate Court
  • Estate Distribution

Advanced Prosthetics Appraisals

IRS-qualified

from $395

USPAP-compliant and IRS-qualified report for advanced purposes

  • M&A Due Diligence
  • Asset-Backed Loans
  • IRS Purposes
  • Insurance Claims
  • Legal Purposes

Pricing By Volume

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. 1 item

    $295 – $595

    Single prosthetic device appraisal

  2. 10 items

    $995 – $2200

    Small set or mixed prosthetic devices; varies if conducted onsite

  3. 50+ items

    $5K – $10K+

    Larger inventory; frequently done in-person

What Drives Cost?

  • Variety of prosthetics categories, models, and technical complexity
  • Quantity of line items and duplicate SKUs to analyze
  • Condition differences and any need for onsite verification or additional research
  • Documentation quality – clear photos, serial numbers, specifications, and maintenance logs streamline analysis
  • Intended use of the appraisal (insurance, tax, financial reporting) and compliance requirements

Our Prosthetics 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.

We produce written equipment appraisal reports for lending, insurance, charitable donations, and litigation

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:‍

Tax, Estate & Financial Planning

Transactions, Lending & Investment

Life Events & Special Circumstances

  • Divorce
  • Social Security reporting or Medicaid Application Filings
  • E-2 visa applications

Frequently Asked Questions on Prosthetics Appraisals

Where do appraisers find market data for prosthetics equipment?

From specialized medical equipment dealers, used equipment brokers, auction platforms focused on medical gear, and trade publication listings, adjusted for age, condition, and model differences. General-purpose price guides rarely cover prosthetic fabrication machinery, so credible comparables come from the medical secondary market. We document the sources behind each comparable so the value conclusion can be traced.

How is depreciation calculated for prosthetic fabrication equipment?

In three explicit components deducted from replacement cost new: physical deterioration from wear, functional obsolescence such as superseded fabrication technology or limited compatibility with modern materials, and economic obsolescence from reimbursement or regulatory changes that reduce demand. Reports applying a single arbitrary percentage instead of documenting each component are considered weak and vulnerable to challenge.

What value do lenders use when prosthetics equipment secures a loan?

Typically orderly liquidation value or forced liquidation value, estimated by adjusting market and cost indications for expected discounts, disposal time, and auction conditions. Income-based value tied to a clinic's earnings is generally not accepted as collateral value for machinery. If you are preparing for asset-based lending, ask which liquidation premise your lender requires rather than commissioning fair market value alone.

Why do maintenance and installation records affect the appraised value?

Because remaining useful life is a key input, and it is estimated from age plus maintenance history. Without commissioning dates, software upgrades, preventive service logs, and part replacement records, appraisers must assume shorter service life and higher risk, which means heavier depreciation and lower values for fabrication machinery and patient-care devices. Complete records routinely support materially stronger conclusions.