Hospital & ASC Closure Management

The first call when a hospital closes.

One accountable point of contact for the whole closure — equipment recovery and disposition, deinstallation, and coordination of everything else. We don't run an auction and disappear. We help you manage the closure to a clean finish.

Recovery floor set up front Defined closure timeline One point of contact for the whole closure Transparent terms — no buyer's premium Experienced with distressed & bankruptcy closures Independent — no parent company profiting from your assets
The commitments no auction house will make

Know your terms before the first item leaves the building.

Auction houses sell your equipment as-is, take a buyer's premium, deduct transport, and settle in 45 days. We set clear terms up front instead.

Commitment 01

Recovery Floor

On a managed closure we set a recovery floor after inventory and valuation, so your downside is clear before anything moves.

  • Floor set after inventory & valuation
  • Upside shared transparently
  • No buyer's premium
  • No transport deducted from your proceeds
  • Faster settlement
Commitment 02

Defined Timeline

A defined closure timeline — inventory to removal to clean handoff — built on real operational windows so your facility hits its critical dates.

  • Timeline defined per scope
  • Imaging deinstalls explicitly scoped
  • Built on real operational windows
  • WARN- and court-date aware
  • One schedule, one point of contact
Commitment 03

Transparent, Seller-Aligned Terms

You see the economics before you commit. Our incentive is your net outcome, not throughput through a buyer's channel.

  • No buyer's premium
  • No hidden deductions
  • No long settlement wait
  • Independent — no parent company
  • One accountable point of contact
It's more than the equipment

A closure has moving parts most teams underestimate.

Equipment is the visible part of a closure. But a facility also has data-bearing devices, pharmacy and controlled substances, hazardous materials, records with retention obligations, and licenses to wind down. We help you see the whole picture, plan the full scope, and connect you with the right specialists so nothing falls through the cracks.

Equipment recoveryDeinstallationClosure planningSpecialist coordinationLogisticsSingle point of contact
See what's involved

Equipment vendor vs. closure partner

Sees the whole closure, not just equipmentUs: Yes
One accountable point of contactUs: Yes
Helps coordinate the right specialistsUs: Yes
Independent — no parent companyUs: Yes
Equipment only, then goneThem
For bankruptcy & restructuring

Experienced with the 363 process and distressed closures.

When a hospital enters Chapter 11, the estate needs speed, clear documentation, and a disposition that moves without drama. We work alongside the restructuring team to recover and dispose of assets quickly and cleanly — and to make the process easy on the professional who brought us in.

CROsTrusteesABLs & lessorsBankruptcy counselFinancial advisors
  • Fast inventory, valuation, and clear documentation
  • Disposition aligned to the sale process and its dates
  • Clean, documented removal and handoff
  • Speed-to-cash without the 45-day settlement wait
  • One accountable point of contact across the wind-down
  • Independent — aligned with the estate's recovery
See the bankruptcy lane
What we do

One point of contact. The whole closure.

01

Equipment Recovery & Disposition

Imaging, surgical, monitoring, lab, beds, and fixed assets — sold, consigned, or fully managed for maximum value.

02

Deinstallation & Removal

Imaging deinstalls, biomedical decommissioning, and white-glove removal logistics on an agreed schedule.

03

Inventory & Valuation

A full inventory and fair valuation so you know what you have and what it's worth before any decision.

04

Closure Coordination

We help you plan the full scope beyond equipment and connect you with vetted specialists for data, pharmacy, and records requirements.

05

Distressed & Bankruptcy

We work with CROs, trustees, and lenders on fast, clean dispositions in distressed and 363 situations.

06

Single Point of Contact

One accountable partner for the closure instead of quarterbacking six vendors yourself.

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Why we're different

An auction house works for the buyer. We work for you.

The auction-house model

  • 20% buyer's premium plus card fees
  • Transport costs deducted from your proceeds
  • Settlement up to 45 days after the sale
  • Everything sold as-is, no floor
  • Equipment only — the rest is your problem
  • Often owned by a parent that profits from your assets

The closure-partner model

  • Recovery floor set up front
  • No buyer's premium, no transport deductions
  • Faster settlement — speed-to-cash
  • Defined timeline, one schedule
  • One point of contact for the whole closure
  • Independent — aligned with your outcome
Why this is happening now

Closures are not rare. They are a recurring, accelerating event.

734
rural hospitals at risk of closing
309
at immediate risk of closure
~50%
of U.S. hospitals technically insolvent or at risk
23
hospital closures tracked in 2025

Sources: Center for Healthcare Quality and Payment Reform; Alvarez & Marsal; Becker's Hospital Review.

How a managed closure works

A closure is a 90-day operation. It needs a point of contact, not just an auctioneer.

STEP 01

Assess

Confidential site assessment, full inventory and valuation, and your recovery floor and timeline.

STEP 02

Plan the scope

Map the whole closure — equipment plus the data, pharmacy, and records pieces — and line up the right specialists.

STEP 03

Recover & Remove

Equipment marketed for maximum value, imaging deinstalled, and assets removed on the agreed schedule.

STEP 04

Clean Handoff

Settlement paid, reporting delivered, and the facility handed back cleared and ready.

Read the full closure playbook
Start the conversation

If a hospital or ASC is closing, make this the first call.

Confidential. No obligation. We'll assess the facility, scope the closure, and walk you through the recovery floor and timeline before anything moves.

Start a confidential closure assessment
Start a confidential assessment