Verification Guide: Healthcare Equipment
FDA Classification
Medical equipment on Boss Tag is classified by FDA device class (I, II, or III). Class I devices (stethoscopes, bandage scissors) have minimal verification requirements. Class II devices (ultrasound machines, powered wheelchairs) require 510(k) clearance documentation. Class III devices (MRI machines, pacemaker programmers) require premarket approval documentation. The device class affects both the verification requirements and the lending LTV.
Calibration and Maintenance
Medical equipment must demonstrate current calibration status and maintenance compliance. Upload calibration certificates, preventive maintenance records, and any corrective maintenance history. Equipment with lapsed calibration or overdue maintenance receives reduced confidence scores and may be ineligible for ERS pool listing until maintenance is current.
Facility Compliance
If the equipment is installed in a healthcare facility, verification includes confirmation that the facility maintains appropriate licenses and accreditations. This does not require uploading patient data or HIPAA-protected information โ Boss Tag only verifies that the equipment operates in a compliant environment, not patient-level data.
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