BidMed LLC, a healthcare leader in asset disposition and liquidation, announced today that the company has been awarded a three-year contract with Vizient Inc., the largest member-driven health care performance improvement company in the country. BidMed will serve Vizient members in asset disposition and liquidation, and will work to create a transparent marketplace that helps healthcare facilities reduce their capital expenditures and maximize returns on medical equipment disposition.

“We are excited to serve Vizient member facilities in asset disposition and liquidation. Our goal is to provide Vizient members with technological solutions to capture, track, sell, and reconcile asset inventories so facilities can move retired assets faster and smarter. Using our pricing data analytics tool, healthcare facilities use the most accurate market price, enabling them to make the best decision when it comes to liquidation. Our proactive and transparent approach to asset disposition allows healthcare facilities to maximize their return on capital expenditures,” said Joanne Frogge, the President of BidMed.

BidMed LLC ( – is a leader in the healthcare asset disposition industry, specializing in the buying and selling of pre-owned medical equipment. Powered by innovative technology and proprietary data, BidMed’s services include medical asset valuations, inventory reconciliations, and liquidations. With over 20 years of 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 with ease and efficiency. BidMed is headquartered in Chicago, IL and has worked with diverse base of clients, including hospitals, surgery centers, transition/equipment planning companies, financial lending institutions, and equipment manufacturers.

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Original publication, Chicago, IL (PRWEB)