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Overview
Block Imaging refurbishes, resells, and supplies parts and maintenance services for imaging equipment. The company acquires used imaging devices, upgrades them to meet performance and safety standards, and supports healthcare facilities with ongoing service and affordable parts. Its joint-venture ownership by Siemens Healthineers and CommonSpirit Health, combined with a mission-focused approach, sets it apart from competitors. Its goal is to help accelerate US healthcare transformation by making reliable imaging equipment and services more affordable and accessible.
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Simplify's take
What believers are saying
- Block Imaging launched mobile imaging in 2023, widening service revenue beyond parts.
- Mitch Foldi joined as executive vice president on March 3, 2025.
- The company plans 100 new hires, signaling demand in refurbished imaging.
What critics are saying
- Siemens and CommonSpirit still face closing risk on the 2023 acquisition.
- Competitors like OEM service arms squeeze margins by bundling equipment, parts, and contracts.
- If acquisition integration stalls, Block Imaging loses independence and buyer optionality.
What makes Block Imaging unique
- Block Imaging sells refurbished CT, MRI, PET, and X-ray across major OEMs.
- Its engineers refurbish, install, and service equipment, compressing turnaround and support.
- Siemens Healthineers and CommonSpirit chose Block Imaging for sustainable multi-vendor parts access.
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