Healthcare, medical and dental equipment appraisals.
A medical equipment appraisal from Lukes & Lukes is an independent, USPAP-compliant opinion of value for imaging, surgical, dental and laboratory assets. Built to withstand lender, SBA, IRS, audit and legal review.
Experience across the institutions that own the assets and finance the deals
Ameriprise
Our principals have performed analysis and review involving equipment from the manufacturers, and reporting for the institutions, named above.
What we appraise
The clinical fleet, item by item.
We appraise healthcare equipment at any scale, from a single imaging suite to a multi-site hospital fleet. A certified appraiser values each device by modality, age, service history, software entitlements and the resale and refurbishment market for its class. Granular enough to defend, clear enough to act on.
- Diagnostic imaging: MRI, CT, X-ray, ultrasound, PET and mammography, including coils, tubes, software licenses and installation
- Surgical and operating-room equipment: tables, lights, electrosurgical units, towers and integration systems
- Dental and orthodontic equipment: chairs, CBCT units, intraoral scanners and CAD/CAM mills
- Laboratory and diagnostics analyzers: chemistry, hematology, molecular and point-of-care platforms
- Patient monitoring and telemetry: bedside monitors, central stations and networked telemetry
- Sterilization and processing: autoclaves, washer-disinfectors and central-supply equipment
- Ophthalmology: lasers, phaco systems, diagnostic imaging and exam lanes
- Dialysis: hemodialysis machines, water-treatment systems and chairs
- Physical-therapy and rehab equipment: modalities, exercise systems and assistive devices
Which value applies
The right value depends on why you are asking.
The same MRI carries different numbers depending on why you need the appraisal. We determine and defend the premise your situation calls for: Fair Market Value (FMV) for a sale or financial reporting, Orderly Liquidation Value (OLV) and Net Orderly Liquidation Value (NOLV) for collateral, Forced Liquidation Value (FLV) for a wind-down, and Replacement Cost New (RCN) for insurance.
Who orders it
The people who have to act on the number.
Lenders and SBA underwriters order a hospital equipment appraisal to support collateral. Buyers and sellers order a dental equipment appraisal to price a practice. Hospital systems and imaging centers order one for financial reporting, insurance and partnership matters. Attorneys and CPAs order one for litigation, estate and tax work. Every one of them needs a number that holds up under review.
What you get
One report. Every value, fully supported.
You receive a complete report, not a printout: a written narrative of scope and methodology, an itemized appendix valuing each asset, and photographs from inspection. Independent and certified, with senior review before it leaves the firm.
- Cost, market and income approaches applied by a certified appraiser, not a database
- Itemized appendix, narrative and photographs in every report
- Independent senior review on every report
- Lender-fluent: Jesse Lukes came up inside the bank at BMO, originating loans and reviewing collateral, so our report reads the way a lender needs it to
Common questions
Answers, up front.
How is medical equipment valued?
A certified appraiser applies the cost, market and income approaches under USPAP, accounting for modality, age, service history, software entitlements, and the resale and refurbishment market for that device class. The result is an independent opinion of value tied to the premise the situation requires.
Do you appraise imaging equipment like MRI and CT scanners?
Yes. We value diagnostic imaging (MRI, CT, X-ray, ultrasound, PET and mammography) along with the rest of a clinical fleet, and we account for coils, tubes, software licenses and installation that drive value.
Can you appraise a dental or medical practice for a sale or loan?
Yes, on the equipment side. We appraise the chairs, imaging, instruments and fixtures of dental practices, clinics and hospitals at Fair Market Value for a sale, and at the appropriate premise for loan collateral, SBA financing, and estate or partnership matters.
Are your healthcare appraisals accepted by lenders, the SBA and the courts?
Yes. Reports are USPAP-compliant, prepared by a NEBB-certified Machinery & Equipment Appraiser (CMEA), and built to withstand lender, SBA, IRS, audit and legal review.