Medical Equipment Appraisal

5.0from 80+ client reviews
Medical equipment appraisal services for charitable donations (Form 8283), asset-backed lending, and insurance claims, prepared in accordance with IRS requirements. AppraiseItNow appraises MRI systems, surgical equipment, diagnostic devices, lab analyzers, and imaging equipment.

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DEFENSIBLE, USPAP-COMPLIANT MEDICAL EQUIPMENT 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
USPAPMedical equipment appraisals are delivered with the same rigor and USPAP compliance as our broader equipment work.
Value definitions
FMV, OLV, FLV, ReplacementFair Market Value, Orderly Liquidation Value, Forced Liquidation Value, and Replacement Value appraisals for various intended uses.
Delivery
Remote or onsiteMany engagements run from manufacturer specifications, service records, and photographs; onsite when complexity, condition, or lenders demand it.
IRS form
Form 8283Donated medical equipment is appraised for charitable contribution reporting on IRS Form 8283.

Medical equipment appraisals from AppraiseItNow support hospitals, clinics, and practices on tax, insurance, and legal matters

AppraiseItNow provides fast, fully online or onsite medical equipment appraisals for tax, insurance, legal, and financial reporting purposes. Medical equipment is a specialized subset of our broader equipment and machinery appraisal services.

Purposes we serve

Certified values for filings, lending, claims, donations, and healthcare deals

Hospitals, outpatient clinics, physician practices, and individual owners engage us for certified medical equipment valuations:

  • IRS filings
  • Asset-based lending
  • Insurance coverage and claims
  • Estate and gift tax reporting
  • Charitable donations (IRS Form 8283)
  • Bankruptcy proceedings
  • Healthcare mergers and acquisitions

How we work

Manufacturer specs, service records, and photos, onsite when needed

Many medical equipment appraisals are completed remotely using manufacturer specifications, service records, and photographic documentation. We coordinate an onsite inspection when asset complexity, operating condition, or a lender's requirements demand it.

From MRI systems to autoclaves, we appraise diagnostic, surgical, and therapeutic medical equipment

We appraise a wide range of clinical, diagnostic, surgical, and therapeutic medical equipment across specialties and care settings, with experience in both high-value capital equipment and the lower-cost ancillary assets found throughout healthcare facilities.

Imaging and radiation

MRI, CT, PET, X-ray, ultrasound, and linear accelerators

The capital imaging and radiation therapy systems, including linear accelerators, that anchor a facility's asset list:

  • Diagnostic imaging (MRI, CT, PET, X-ray)
  • Ultrasound systems and portable imaging devices
  • Radiation therapy and oncology equipment

Surgical and patient care

Operating room, monitoring, respiratory, and endoscopy equipment

Robotic surgical systems, electrosurgical units, anesthesia machines, and the equipment that monitors and supports patients:

  • Surgical and operating room equipment
  • Patient monitoring and telemetry systems
  • Infusion pumps, ventilators, and respiratory equipment
  • Endoscopy and laparoscopy systems

Laboratory and specialty

Lab analyzers, dental and ophthalmic equipment, and sterilization systems

The laboratory, specialty, and sterilization equipment found throughout a healthcare facility:

  • Laboratory analyzers, centrifuges, and pathology equipment
  • Dental and ophthalmic equipment
  • Sterilization and autoclave systems

We serve healthcare administrators, deal teams, and individual physicians who need a medical equipment value

AppraiseItNow serves a broad range of clients in the healthcare sector, from hospital administrators and practice owners to the attorneys, CPAs, lenders, and private equity firms working on healthcare matters.

Organizations and advisors

Hospitals, practices, and the professionals advising them

Hospital administrators, practice owners, private equity groups acquiring medical practices, lenders financing equipment purchases, attorneys handling healthcare litigation or estate matters, and CPAs advising on tax strategy all engage us for medical equipment values.

Physicians and donors

Individual physicians and donors of medical equipment

We also appraise medical equipment for individual physicians and for donors contributing equipment to qualifying organizations, where the value supports the charitable contribution.

What medical equipment appraisal clients say we are known for

Medical Equipment Appraisal Reviews: “I would definitely use them again” and “I would use them again”

  1. Being the appraiser they come back to“I recommend AppraiseItNow Inc. highly” Alan B.Mentioned in 11 reviews
  2. Answering fast, and staying reachable while the work runs“AppraiseItNow was very responsive and communicative” Phil L.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 medical equipment 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 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

  • 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

  • Great experience. Joe was super helpful. Got my appraisal in just a couple days and it was very detailed. Will definitely be using this company again!
    Jacquelyn D., Wooster, OH ·

    Medical Equipment Appraisal for Charitable Donation

  • After researching several companies, I contacted AppraiseItNow for a personal medical equipment appraisal - they responded to me within a day and were both professional and patient throughout the process!
    Kat C., San Francisco, CA ·

    Medical Equipment Appraisal for Charitable Donation

  • 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

Medical Equipment 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 Medical Equipment appraisal cost?

Standard Fee Range

$695 – $2200

Standard range for our Medical Equipment 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 Medical Equipment Appraisals

from $295

USPAP-compliant report for standard purposes

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

Advanced Medical Equipment 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 machine appraisal

  2. 10 items

    $995 – $2200

    Small fleet or mixed equipment set; varies if conducted onsite

  3. 50+ items

    $5K – $10K+

    Larger inventory; frequently done in-person

What Drives Cost?

  • Variety of equipment 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 Medical Equipment 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 Medical Equipment Appraisals

How do configuration and software affect medical equipment value?

Substantially: small differences in configuration, software level, probes, or imaging packages can swing value by tens of thousands of dollars on the used market. Undocumented accessories and recent upgrades are among the most common reasons value opinions come in low, so we record them item by item.

Is my Form 4562 depreciation schedule a valid equipment value?

No. Treating tax book value as appraisal value is a recognized error. Cost-approach work starts from replacement cost new for the specific model and adjusts for physical deterioration plus functional and economic obsolescence, then gets corroborated against market evidence rather than net tax basis.

What market data supports a medical equipment appraisal?

Recent sales of comparable equipment: used-equipment dealer transactions, OEM trade-in quotes, and auction and listing records for the same make, model, and condition, rather than generic depreciation tables. The data must be current and matched to the subject unit's actual specification.

Can old listings be used to estimate current equipment value?

Not without adjustment. Stale or non-comparable listings are cited as a major error in market-based medical equipment valuations; comparables must match model, condition, accessories, software, premise of value, and location, and reflect recent dealer, auction, or transaction data.