Agiliti

Agiliti

Medical equipment rental and management services

About Agiliti

Simplify's Rating
Why Agiliti is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Minneapolis, Minnesota

Founded

1939

Overview

Agiliti provides healthcare organizations with access to and management of a variety of medical equipment. The company specializes in renting high-quality medical devices, such as critical care equipment, surgical lasers, and specialty beds, ensuring that all items are delivered in a condition ready for patient use. Agiliti's business model includes generating revenue through rental fees and service contracts, and it offers a platform called MyAgiliti that allows customers to manage their equipment rentals and history online. What sets Agiliti apart from its competitors is its focus on improving patient outcomes while helping healthcare facilities reduce unnecessary spending on equipment. The company's goal is to enhance the efficiency of medical equipment usage in hospitals and healthcare facilities.

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Simplify's Take

What believers are saying

  • Agiliti's expansion into Nashville indicates growth and increased market presence.
  • The shift towards value-based care boosts demand for Agiliti's rental and management services.
  • AI integration in medical equipment enhances Agiliti's service offerings and equipment reliability.

What critics are saying

  • Increased competition from new medical equipment rental companies threatens Agiliti's market share.
  • The ongoing merger investigation could lead to legal challenges affecting Agiliti's operations.
  • Leadership transition with Tom Leonard as CEO might cause strategic shifts or instability.

What makes Agiliti unique

  • Agiliti offers a unique Adapt Line of therapeutic support surfaces for patient comfort.
  • The company provides a comprehensive platform for medical device management and maintenance.
  • Agiliti's MyAgiliti tool allows customers to manage equipment rental and history online.

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Funding

Total Funding

$3105M

Above

Industry Average

Funded Over

2 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Employee Discounts

Tuition Reimbursement

Wellness Program

Employee Assistance Program

Company News

BioSpace
Dec 5th, 2024
Agiliti Launches New Adapt Line(Tm) Of Therapeutic Support Surfaces Shown To Improve Patient Comfort And Clinical Outcomes

Proprietary technology designed to accommodate higher-acuity patients and deliver exceptional performanceMINNEAPOLIS--(BUSINESS WIRE)--Agiliti, a nationwide manufacturer and provider of medical device solutions to the healthcare industry, today announced the launch of its Adapt Line™ of therapeutic hospital support surfaces, clinically engineered to enhance patient comfort and help reduce the risk of pressure injuries resulting from prolonged bed rest.“The introduction of the Adapt Line marks a significant milestone for Agiliti, establishing its position as a branded innovator of medical technology,” said Tom Leonard, CEO of Agiliti. “We are now one of the only manufacturers of therapeutic support surfaces backed by an extensible platform of medical device management, maintenance and clinical service solutions. For more than eight decades, Agiliti has been the nation’s leading provider of ready-access medical technology and service solutions. We are proud to bring more of our clinical capabilities to market with this important new product line.”The Adapt Line includes three models: Adapt Air Pro™, Adapt Air™, and Adapt Convertible™ - designed to meet the needs of patients across a wide range of acuity levels. Each model is built for optimal pressure injury prevention and treatment with proprietary immersion and alternating pressure algorithms1. In connection with a recent clinical study evaluating existing pressure injuries among 84 critically ill patients, 100% of clinicians surveyed (n=33) recommended Adapt Air Pro for its ease-of-use, management of pressure distribution and microclimate.Other key features of Adapt Line include:Adapt Pump™: A quiet and easy-to-use pump that works across all Adapt Line models, designed to maintain surface inflation during transport and provide up to eight levels of customizable support for better patient outcomes.A quiet and easy-to-use pump that works across all Adapt Line models, designed to maintain surface inflation during transport and provide up to eight levels of customizable support for better patient outcomes

European HHHM
Dec 5th, 2024
Agiliti Launches New Adapt Line(TM) of Therapeutic Support Surfaces Shown to Improve Patient Comfort and Clinical Outcomes

Agiliti, a nationwide manufacturer and provider of medical device solutions to the healthcare industry, today announced the launch of its Adapt Line(TM) of therapeutic hospital support surfaces, clinically engineered to enhance patient comfort and help reduce the risk of pressure injuries resulting from prolonged bed rest.

Defense World
May 31st, 2024
Quest Partners LLC Makes New $44,000 Investment in Agiliti, Inc. (NYSE:AGTI)

Quest Partners LLC makes new $44,000 Investment in Agiliti, Inc. (NYSE:AGTI).

Business Wire
Feb 27th, 2024
Agiliti to Be Taken Private by THL Partners

Agiliti Inc. (NYSE: AGTI) (“Agiliti”), a nationwide provider of medical technology management and service solutions to the healthcare industry, today

Bakersfield.com
Feb 26th, 2024
AGILITI MERGER INVESTIGATION (AGTI) - Andrews & Springer LLC Is Investigating Agiliti Inc....

The two parties have announced that they reached an agreement in principle pursuant to which THL Partners will acquire Agiliti in a going private merger.

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