We develop some evaluation tool and indicators for the scores for medical equipment replacement in hospital. There has been no research for Korean hospitals although there are many for foreign medical institutions. In this paper, among many variables that were obtained from the previous studies, eleven variables are selected as indicators and tied as three groups. And then we obtain scores of medical equipments based on the weighted values of those indicators. We can make decisions whether we replace medical equipments or not by ranking the medical equipments based on the scores. This paper shows that we can make decisions to replace medical equipments very objectively and effectively using the evaluation tool and indicators we develop.