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With the acquisition, AA Medical further solidifies its spot as a comprehensive, third-party alternative medical supply provider.
July 11, 2024
By: Sam Brusco
Associate Editor
AA Medical, a supplier of refurbished medical equipment, has acquired Surgical Product Solutions (SPS).
SPS offers high-quality, in-date surgical consumables and supplies. With the acquisition, AA Medical further solidifies its spot as a comprehensive, third-party alternative medical supply provider.
The duo will now be able to leverage technology, scale, and a global customer base to offer value-based, sustainable options and support for growing demand from hospitals, health systems, and other care sites.
“We are extremely excited to announce our partnership with Surgical Product Solutions,” said Matt Nelson, CEO at AA Medical. “Together we will work towards our goal of connecting the world with life-changing medical equipment.”
“Joining forces with AA Medical opens new avenues for growth and innovation,” added Justin Tennant, Managing Partner of SPS. “Together, we will continue to provide exceptional products and services to our clients, ensuring they have more access to the best products available for patient care.”
AA Medical’s portfolio of new and resale medical equipment concentrates on endoscopic, orthopedic, and other surgical devices. The company helps medical facilities unlock residual value from unneeded equipment, while offering reprocessed equipment that would’ve otherwise been prohibitively expensive to buy new for small, rural, specialty, and international medical facilities.
“We’re extremely excited about the platform AA Medical’s built and how our technologies complement each other,” said Steven Darocy, managing partner at SPS. “AA Medical has done a tremendous job providing capital equipment through their proprietary portal and we look forward to expanding that offering with StockHawk, our inventory management software and app.”
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