MD MedTech, LLC

MD MedTech, LLC operates in the medical imaging sector, providing specialized repair services for ultrasound probes and MRI coils, ensuring healthcare providers have reliable equipment for patient care. MD MedTech, LLC was founded in 2004 in Englewood, US. The company specializes in the repair of medical imaging equipment. In September 2017, a significant merger occurred with Resilience Capital Partners, integrating MD MedTech with the Multi Vendor Service unit of Bayer’s Radiology business and Wetsco, Inc.

under Innovatus Imaging Corp. Financial terms were not disclosed, and North Park Capital Partners co-invested in the transaction. Since its inception, MD MedTech has successfully completed 2 deals in the industry. MD MedTech, through Innovatus Imaging, specializes in the repair and manufacturing of ultrasound probes and MRI coils.

Their core offerings include RapidRestore and RapidRepair services, which provide timely repairs, minimizing downtime for healthcare providers. With over 30 years of experience, they have repaired more than 185,000 probes and over 45,000 coils, serving hospitals, imaging centers, and biomedical engineering professionals across the United States. Their geographic market includes both major metropolitan areas and regional healthcare networks nationwide. MD MedTech generates revenue through a business-to-business (B2B) model, focusing on repair services for medical imaging equipment.

Their transactions typically occur via contracts with hospitals and healthcare providers, who send devices for repair. The company offers various service levels, including expedited options, tailored to meet urgent client needs. Pricing structures are customized based on services provided, fostering long-term partnerships that may include maintenance and repair agreements. Looking ahead, MD MedTech plans to leverage its recent merger to enhance product offerings and expand its market reach.

The company aims to introduce new services by 2024, specifically focusing on advanced repair technologies for medical imaging equipment. The recent merger with Resilience Capital Partners is expected to provide the necessary resources to support these initiatives and foster growth in both existing and new geographic markets.