Case Study

Medical Equipment Repair Costs Reduced by over $100,000

Water Damage to MRI Machine

Case Study

Water Damage

Services Provided

Expert Analysis
Solution Based Results

Water Damage on MRI Machine

The Situation

Damage to an MRI machine necessitated a comprehensive evaluation to determine the extent of the damage and the feasibility of restoring the machine to its pre-loss condition. The OEM inspection estimated repair costs at $108,000, raising concerns about the accuracy of the estimate.ILC was engaged to perform an independent inspection, review the OEM repair estimate, and secure an alternative repair evaluation to determine the most cost-effective and technically appropriate restoration strategy.

Equipment Impacted

  • MRI Machine

Value-Driven Solutions

Equipment Diagnostic and Verification

An on-site inspection and diagnostic sweep of the MRI system was performed to evaluate operational functionality and confirm the extent of damage. The evaluation focused on verifying the actual condition of the equipment and determining whether the OEM repair scope aligned with the documented findings.

 

Estimate Procurement and Validation

A qualified independent repair provider was engaged to conduct a secondary inspection and prepare an alternative repair estimate. This process ensured that repair recommendations were technically justified and reflected accurate restoration requirements.

 

OEM Repair Scope and Cost Analysis

The manufacturer’s repair estimate was reviewed and compared against independent findings to identify potential overstatements in scope and pricing. The analysis focused on validating the necessity of repair and confirming cost-effectiveness.

 

Water Damage on MRI Machine

The Results

Verified Repair Requirements

The independent inspection confirmed that the MRI system required significantly fewer repairs than originally proposed, establishing a technically supported and defensible repair scope.

Claim Cost Reduction

The repair estimate was reduced from $108,000 to approximately $6,000, resulting in a loss reduction of approximately $102,000.

Loss Resolution and Damage Mitigation

Prompt inspection and independent verification supported faster claim resolution, minimized the risk of additional equipment damage, and helped restore system functionality more efficiently.

 

Case Studies

Real Claims, Real Results

Fire Damage on Aluminum Casing Line

Solution to Repair Instead of Replace Reduced Claim By $1.5M

Breakdown of CNC Machine

Repair vs. Replace Solution Reduces Claim By $600,000

Damaged Car Wash Systems

Reduced Claim by $32K

Damaged in Transit - Corrugated Box Making Machine

Missing seals and transit mishandling

Explosion at Condo Association

$1M+ in Equipment Retained Through Repair vs. Replace

Explosion at Ethanol and Ethanol Co-Products Plant

Claim Reduction Over $9M

Explosion at Ethanol and Ethanol Co-Products Plant

Reduced Claim By Nearly $6M

Explosion in Saturator Converting Line

Prevented $12 million in Business Interruption

Fire at Chemical Processing Facility

Lead Time and Reduction by Over $15M

Fire at Livestock Rendering Plant

Uncovered $4.5M in Betterments

Fire Damage at Concrete Batch Plant

Repair vs. Replace Significantly Reduces Claim Costs

Fire Damage on Film Line

Lead Time Cut by 14 Months, Reducing Costs by Over $1.5 Million

Fire Damage on Metal Processing Equipment

Reduced Claim Cost by over $700,000

Fire Damage with Healthcare Equipment

97% Reduction in the Claim

Fire in Electrical Control Systems

Reduced Claim by Nearly $1M

Fire Loss of Life Science Equipment

Reduced Claim Costs More Than $3.5M

Fire/Water Damage at Aluminum Beverage Can Manufacturing

Result in Reduced Claims Cost of Nearly $3M

Flood Loss at Indoor Water Park

Reduced Claim by $400k with Pre-existing Findings

Freezing Pipes & Water Damage In Boiler System

Solution to Repair Mitigates BI and Reduces Claim Over $85,000

Hail Storm at Manufacturing Facility

$11k Repair Instead of $800k Replacement

Lighting Surge at Packaging and Printing Facility

Restoring to Pre-loss Reduced Claim by $2.9M

Mechanical Breakdown at Gun Manufacturing Facility

Reduced Business Interruption by 14 weeks

Mechanical Failures on Horizontal Grinder

Identified Failures Stemming from Inadequate Repairs

Tornado Hits Agricultural Equipment Manufacturer

ROM Reduced by Millions with ILC’s Involvement

Water Damage at Chemical Feed Water Line

$1.6M Reduction in Pre-existing Conditions

Water Damage to MRI Machine

Medical Equipment Repair Costs Reduced by over $100,000.

Water Damage with Fire Pump System

Reduced Repair Cost by almost $4k

The Experts Behind the Best Outcome.

Submit an Assignment