Software & Services for Medical Capital Asset Management

We help hospitals optimize their budgets by fine-tuning capital inventory management efficiency.

Our software suite and tailored services focus on three aspects of your inventory management lifecycle: assessing current inventory; maintaining inventory accuracy; and managing updates, changes, and equipment turnover.

By blending exceptional technology with years of industry experience, we provide innovative solutions you won’t find anywhere else.

Our Team    |    The BidMed Difference    |    Our clients    |    Corporate Values

Managing your facility assets has never been so easy.

Leadership Team

At BidMed, our core values are essential and we hire staff that reflect those values on a daily basis. You can count on our team to work with the utmost integrityand provide the best customer care in the industry.

Joanne Frogge

Joanne Frogge

President / CEO | LinkedIn

Joanne co-founded BidMed in 2012, building the company from the ground up based on industry best practices including technology, data, and customer service. She leads BidMed’s strategic planning, operations, technology development, and finance.

Joanne earned her Bachelor of Science in Mechanical Engineering and her Master of Business Administration with concentrations in Healthcare Management and Marketing from Washington University in St. Louis.

Susanne Collins

Susanne Collins

Operations & Finance | LinkedIn

Susanne has been with BidMed since 2016 as Director of Operations. She earned her BS in Nutritional Sciences from the University of Wisconsin-Madison, then went into medical sales and earned accolades as top 5 Salesperson in the country. From there she joined her husband in launching his start up business, where she found her passion in all aspects of helping a small company run and grow efficiently.

Tony Kay

Tony Kay

Sales | LinkedIn

A graduate from Concordia University of Chicago, Tony received a B.A. in Marketing and Management. With a passion for healthcare, he decided to pursue a career in the medical equipment industry. His responsibilities include customer acquisition and sales for healthcare facilities across the country.

Jeff Libman

Jeff Libman

Software & Technology | LinkedIn

Jeff graduated from DePaul University in 2010 with a BS in Computer Game Programming and a minor in Animation. He has been a part of the BidMed team since 2012 and leads the development of our technology suite, including online auction platform, mobile app, and cloud-based inventory software.

Jill Knobeloch

Jill Knobeloch

Marketing & Creative | LinkedIn

With a BFA from RIT and over a decade of experience in web design and marketing, Jill supports the graphic development and execution of our full tech suite, as well as our print and digital marketing materials. She also supports our marketing strategies and resources aimed at improving the efficiency and consistency of both internal and customer-facing operations.

The BidMed Difference

BidMed began as a leader in the healthcare asset disposition industry, specializing in buying and selling pre-owned medical equipment. Now, powered by innovative technology and proprietary data, BidMed provides solutions throughout the capital asset lifecycle, including medical asset valuations, inventory reconciliations, capital planning and acquisitions, internal transfers and dispositions, and liquidations.

With over 20 years’ combined experience in the asset disposition industry, BidMed provides current fair-market values on pre-owned medical assets using a progressive, in-house data analytics tool. In addition, BidMed utilizes a custom web-based inventory system, auction platform, and supporting mobile app, enabling clients to accurately inventory, reconcile, and sell assets easily and efficiently.

BidMed liquidates U.S. and Canadian healthcare facilities due to relocations, expansions, and closures, providing complete on-site project management to ensure clients recover the highest value for all medical assets. BidMed is headquartered in Chicago, IL and has worked with over 250 clients, including hospitals, surgery centers, transition/equipment planning companies, financial lending institutions, and equipment manufacturers.

Our Clients

We work with a variety of medical-related facilities with high-investment equipment, as well as transition/equipment planning companies, financial lending institutions, and equipment manufacturers.

Acute Care Hospitals | Surgery Centers | Ambulatory Centers | Academic Medical Centers | Emergency Centers | Group Purchasing Organizations (GPOs)

Corporate Values

Knowing who to trust can be hard, but we pride ourselves on core values that set us apart from the competition. We put you first, providing unparalleled service backed by integrity, transparency, and accountability. You can trust we’ll find the best value for your disposition and purchasing needs, and we give you the tools to prove it.


Trust is essential when your budget is on the line, and we value that trust. Our team works with the upmost integrity to ensure the job doesn’t just get done, it gets done right. We pride ourselves on standing apart from the competition with our values and ethics.


We empower you to make the best choices, providing technology and data to make your own decisions. There’s no bait and switch, no complicated process to disguise fees or extra costs—just clear facts and sound industry data meant to maximize your returns.

Customer Care

Customer service is what keeps clients coming back. No two projects are exactly the same, and there’s no one-size-fits-all formula—we identify your unique needs and create a customized plan. Need help with something not listed? Let us know how to serve you even better!