BidMed LLC is a prominent player in the healthcare capital asset inventory management industry. Their slogan, "Medical Capital Inventory Management—Software and services to assess, maintain, and manage capital asset ledgers," encapsulates their core offerings. The company specializes in providing software and services to assist hospitals and health systems in maintaining accurate and up-to-date records of their capital assets.
Founded in 2012, BidMed leverages innovative technology and proprietary data to offer a range of services including inventory assessments and reconciliations, asset disposition, refurbished sourcing, capital replacement planning, and facility liquidations. They boast over 20 years' combined experience in the asset disposition industry, providing current fair market values on pre-owned medical assets through an in-house data analytics tool.
BidMed's tech suite encompasses an intuitive mobile app for inventory assessment, a cloud-based inventory management system for record accuracy, and disposition platforms for internal transfers and external sales. The company's operations include liquidating U.S. and Canadian healthcare facilities due to relocations, expansions, and closures, offering complete on-site project management to ensure the highest value recovery for all medical assets.
With TractManager as the investor in their last Corporate Round investment at 13 March 2018, BidMed has established a strong foothold in the field, serving over 250 clients, including hospitals, surgery centers, transition/equipment planning companies, financial lending institutions, and equipment manufacturers.
Headquartered in Chicago, IL, BidMed's comprehensive and technology-driven approach positions them as a key player in the healthcare industry, addressing critical needs in capital asset management and inventory solutions.