MedAssets signs distribution agreement

Refurbished medical equipment supply firm MedAssets has signed a distribution agreement with E.G. Baldwin & Associates, an imaging equipment supplier in Cleveland. Under terms of the deal, Baldwin will distribute MedAssets’ line of refurbished medical equipment exclusively in Ohio and Pennsylvania. Baldwin will distribute MedAssets’ products and its Interim Solutions, its rental mobile suites of cardiac cath laboratories and CT and MRI systems, in New Jersey, Indiana, Kentucky, New York, and Virginia. The deal broadens MedAssets’ network and gives Baldwin access to the refurbished medical equipment market, according to MedAssets.

The Wood Dale, IL-based firm was established last summer through a management buyout of the bulk of personnel, equipment, and other assets of Comdisco Medical Exchange (SCAN 8/18/99). In September, MedAssets acquired ReMedPar, a Goodlettsville, TN-based medical imaging parts supplier, and seeks to grow both internally and through acquisition of related businesses. The company is one of the larger firms involved in medical imaging parts and refurbished equipment supply (SCAN 10/13/99).