Overview

Block Imaging refurbishes and resells used medical imaging equipment, along with parts and maintenance services. It acquires imaging devices, refurbishes them to meet safety and performance standards, and provides ongoing service to healthcare facilities. Its ownership by Siemens Healthineers and CommonSpirit Health through a joint venture gives it access to equipment and scale. The goal is to help healthcare facilities access affordable, dependable imaging by extending the life of equipment and supporting financial and technological challenges.

Simplify's Take

What believers are saying

• Mitch Foldi from Philips/AllParts joined as EVP on March 3, 2025, boosting parts growth.
• Hiring 100 staff over two years supports expansion in refurbished imaging sector.
• Delta Health saved $1 million extending imaging systems via Block Imaging services.

What critics are saying

• Siemens integration prioritizes parent contracts, eroding share to Philips AllParts within 6-12 months.
• CommonSpirit demands exclusive supply, slashing non-affiliated revenue to DirectMed in 12-24 months.
• AI predictive maintenance by GE HealthCare obsoletes refurbishment, collapsing demand in 24-36 months.

What makes Block Imaging unique

• Block Imaging specializes in refurbished imaging parts and multi-vendor service worldwide.
• Joint venture with Siemens Healthineers and CommonSpirit Health since 2023 accelerates US transformation.
• Official MAVIG dealer expands X-ray protection offerings for healthcare providers.

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