Wednesday, March 14, 2018

TractManager Buys Stake In BidMed

Dallas-based TractManager, a provider of strategic sourcing and contract lifecycle management (CLM) services to the healthcare industry, said on Tuesday that it has taken a "significant" equity position in BidMed, which provides acquisition and disposition of healthcare equipment on the secondary market. Financial details of the investment were not announced. TractManager says BidMed has more than 450 clients, including hospitals, surgery centers, transition/equipment planning companies, financial lending institutions, and equipment manufacturers.