Trimedx

What Trimedx does

TRIMEDX is a privately held, Indianapolis-based provider of clinical engineering, clinical asset management, and medical device cybersecurity services to U.S. healthcare systems, founded in 1998 as a spin-off of the St. Vincent Hospital clinical engineering department. The company serves more than 1,800 healthcare facilities across approximately 40 U.S. states plus an international site at Health City Cayman Islands, with a workforce of approximately 3,000 associates (as of 2020-2021) of which over 17% have military backgrounds. Its service portfolio covers preventative maintenance, equipment repair, regulatory compliance, biomedical staffing and training, capital planning, mobile medical equipment management, and medical device cybersecurity.

TRIMEDX's technology stack is anchored by four proprietary platforms: RSQ, a computerized maintenance management system (CMMS) housing data on more than 4.4 million clinical assets; TRIMEDX-AIQ, an AI-native clinical asset intelligence platform with agentic AI capabilities including a technician agent; GeoSense, a real-time location system (RTLS) for tracking medical equipment within facilities; and Vigilor, a closed-loop medical device cybersecurity vulnerability management platform. The proprietary database covers 92% of all active medical device models, providing the data substrate for predictive maintenance, anomaly detection, and AI-generated work order automation. The company is certified under ISO 13485, ISO/IEC 27001, and SOC 2 Type 2, and ranked #1 in Black Book Research's clinical engineering provider assessment in 13 of 18 criteria.

Revenue is generated primarily through managed services contracts with health systems, sold via a direct enterprise field sales motion supported by inside sales and a consultative Current State Assessment process. The company supplements organic growth with M&A, including the 2018 acquisition of Aramark Healthcare Technologies and the 2024 acquisition of Centurion Service Group. Reported revenue exceeded $500 million annually in 2016-2017; the company has subsequently expanded headcount to roughly 3,000+, added two strategic acquisitions, and broadened its product surface into AI-native intelligence and medical device cybersecurity, suggesting a current run-rate meaningfully above the last disclosed figure.

Name

Trimedx

Legal name

TRIMEDX Holdings, LLC

Website

https://trimedx.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TRIMEDX is a privately held Indianapolis-based provider of clinical engineering, clinical asset management, and medical device cybersecurity services to over 1,800 U.S. healthcare facilities, powered by proprietary platforms including the RSQ CMMS (4.4M+ assets) and the TRIMEDX-AIQ AI-native intelligence platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Clinical Engineering Services: Comprehensive clinical engineering services including preventative maintenance, equipment repair, regulatory compliance, staffing and training, supply chain management, and medical equipment replacement planning. Revenue generated through managed services contracts with healthcare systems.
2. Clinical Asset Management: Capital planning and advising, mobile medical equipment management, surplus medical equipment disposition services. Delivered through technology-enabled services helping health systems optimize capital spend and reduce operational expenses.
3. Medical Device Cybersecurity: Cybersecurity solutions including vulnerability monitoring, risk assessment, incident response, and ongoing security management for connected medical devices. Provided through Vigilor platform and security operations center.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels8 records

Core offering

TRIMEDX provides technology-enabled clinical asset management services for healthcare systems, including preventative maintenance, equipment repair, regulatory compliance, capital planning, and medical device cybersecurity. The company manages data on over 4.4 million clinical assets across 1,800+ healthcare facilities using proprietary platforms such as RSQ (CMMS), TRIMEDX-AIQ (AI-native intelligence), GeoSense (RTLS), and Vigilor (cybersecurity). Services are delivered through embedded on-site clinical engineering teams supported by centralized analytics and a 24/7 security operations capability.

Product overview

TRIMEDX is a comprehensive clinical asset management company offering a unified platform-plus-services architecture centered on TRIMEDX-AIQ, its AI-native clinical asset intelligence platform. The portfolio comprises three core service lines (Clinical Engineering, Clinical Asset Management, and Cybersecurity), supplemented by supporting products including TRIMEDX GeoSense (RTLS), Vigilor from TRIMEDX (cybersecurity), and RSQ (proprietary CMMS platform managing data on 4.4M+ clinical assets). The company also provides workforce development through TRIMEDX University, BMET and Imaging apprenticeship programs, and CE CYBER Academy training. Through organic development and acquisitions like Centurion Service Group, TRIMEDX delivers end-to-end clinical asset optimization spanning predictive maintenance, capital planning, device security, and equipment disposition.

Differentiator

Problem solved

Functional benefit

Brands

• TRIMEDX-AIQ: The industry's most advanced AI-native clinical asset intelligence offering featuring agentic AI capabilities to help technicians resolve issues faster.
• TRIMEDX GeoSense
• Vigilor from TRIMEDX
• TRIMEDX Foundation
• Centurion Service Group
• TRIMEDX University
• RSQ

Products and services

• TRIMEDX-AIQ AI-native clinical asset intelligence platform that delivers predictive analytics, autonomous agent capabilities, and data-driven insights to help healthcare systems optimize clinical asset performance, reduce operational expenses, and improve equipment uptime.
• Clinical Engineering Comprehensive clinical engineering services including technology management, staffing and training, preventative maintenance, supply chain, regulatory compliance, medical equipment replacement planning, and embedded cybersecurity to reduce operational expenses for healthcare facilities.
• Clinical Asset Management Data-driven clinical asset management offering that combines technology platforms, training, capital planning and advising, mobile medical equipment management, and surplus medical equipment disposition services to enable objective capital planning decisions.
• Medical Device Cybersecurity Medical device cybersecurity offering combining technology platforms, training, and analyst services to improve the security posture of health systems and protect patient safety from threats targeting connected medical devices.
• TRIMEDX GeoSense (RTLS) Real-time location services (RTLS) technology that enables healthcare systems to track and locate clinical assets throughout facilities for improved inventory management and utilization.
• Vigilor from TRIMEDX Comprehensive medical device cybersecurity platform providing closed-loop vulnerability monitoring, risk assessment, inventory reconciliation, and remediation tracking to protect health systems from cyber threats targeting connected medical devices.
• Centurion Service Group Specialized medical imaging service and surplus medical equipment disposition and reallocation services that help healthcare systems maximize value from excess medical equipment through auction and resale.

Quantifiable outcome

• 164% increase in cyberattacks on healthcare organizations since 2021
• +5 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• U.S. Department of Defense (DoD) SkillBridge ProgramcoreStrategic or Co-development Partner · 1 January 2021Certified DoD SkillBridge employer providing apprenticeship, internships, and industry training for military personnel exiting to civilian workforce. Over 17% of TRIMEDX workforce has military experience. Up to 180 days of permissive duty for training, bridging military service to civilian clinical engineering and cybersecurity careers.
• Centurion Service GroupstrategicStrategic or Co-development Partner · 1 January 2021Acquisition of Centurion Service Group enables TRIMEDX clients to gain maximum value from excess medical equipment. Jim Salmons serves as SVP/GM of Centurion as a TRIMEDX company.
• CyberVistacoreImplementation/ SI/ Consulting Partner · 1 February 2020Partnership to launch CE CYBER Academy: comprehensive cybersecurity training program specifically designed for clinical engineering personnel. Curriculum addresses connected medical device security, social engineering, and data protection. Training provided through learning management system with certification pathways including Security+, CISM, and CISSP.
• Tri-Imaging SolutionscoreStrategic or Co-development Partner · 1 January 2020Partnership with specialized medical imaging service provider enables the TRIMEDX Imaging Apprentice Program. The 13-week on-site immersive training program provides accelerated career path from BMET to Imaging Engineer. 100% of TRIMEDX imaging apprenticeship graduates advance to imaging technician roles.
• Association for the Advancement of Medical Instrumentation (AAMI)coreStrategic or Co-development Partner · 1 January 2019TRIMEDX partners with AAMI for the BMET Apprenticeship Program recognized by the U.S. Department of Labor. The 24-month program combines traditional education with up to 6,000 hours of on-the-job learning. Additional offerings include exclusive TRIMEDX Certified BMET (CBET) classes, Certified Associate in Biomedical Technology (CABT), and IT Fundamentals certification through CompTIA.
• Narayana Health (Health City Cayman Islands)strategicStrategic or Co-development Partner · 1 January 2012Joint venture for Health City Cayman Islands, a facility led by renowned heart surgeon Dr. Devi Prasad Shetty. TRIMEDX provides complete clinical engineering operations for all medical equipment including imaging, biomed, and lab devices serving a population of 65,000.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• GE HealthCare: Major medical imaging and equipment OEM with an installed base that competes for aftermarket clinical engineering and asset management service revenue. Multiple TRIMEDX executives (e.g., Ted Dunham, Scott Trevino, Jim Salmons) came from GE HealthCare, and the OEM can bundle service into equipment sales, making it a strategic counterweight in the multi-vendor service market TRIMEDX targets.
• Philips Healthcare: Global medical device OEM offering equipment maintenance, asset management, and cybersecurity services. Centurion Service Group's SVP/GM Jim Salmons spent 25+ years across Philips and GE HealthCare service lines, underscoring how OEM service organizations are direct competitors for the same multi-vendor service contracts TRIMEDX wins through its enterprise field sales motion.
• Siemens Healthineers: Imaging and diagnostic equipment OEM with an enterprise services arm that performs preventative maintenance, parts, and remote monitoring. CFO Chris Dunkerley's prior Siemens experience highlights the OEM overlap, and Siemens' growing digital health portfolio (including AI-driven asset management) is directly comparable to TRIMEDX's clinical engineering + AI strategy.
• STERIS: Healthcare services and sterilization company with a significant medical device services footprint, including equipment maintenance and lifecycle management. STERIS serves the same hospital customers as TRIMEDX and overlaps in clinical engineering and asset disposition services.

Direct peers

• Renovo Solutions: Independent clinical engineering and healthcare technology management provider that services multi-vendor medical equipment fleets at hospitals and health systems. It directly competes with TRIMEDX for outsourced HTM contracts, particularly at mid-size and community hospitals that are TRIMEDX's growth targets.
• Agiliti: Healthcare services company providing medical equipment management, maintenance, and clinical engineering to hospitals and health systems. Agiliti's service model and customer base closely mirror TRIMEDX's clinical engineering and asset management offerings, making it a like-for-like competitor in outsourced HTM.
• Aramark Healthcare Technologies (legacy): Aramark's former Healthcare Technologies business was acquired by TRIMEDX in 2018, and the legacy unit historically competed head-to-head in clinical engineering services. Comparable on customer base, service lines, and enterprise contract structure; several current TRIMEDX leaders (e.g., Kristi McDermott, Peter Evola, Christopher Becks) joined through that acquisition.
• Centurion Service Group (pre-acquisition): Surplus medical equipment disposition and auction house that was acquired by TRIMEDX in 2024. It is comparable because, prior to the acquisition, it competed in equipment lifecycle services and now operates as a TRIMEDX sub-brand, validating the strategic logic of that acquisition.

Emerging players

• Claroty: Medical and operational technology cybersecurity vendor focused on vulnerability management and asset discovery for connected medical devices. It directly competes with TRIMEDX's Vigilor platform for healthcare cybersecurity budgets, particularly in environments where hospitals prefer a pure-play security vendor over a service-led offering.
• Cynerio: Healthcare-focused cybersecurity company providing medical device visibility, risk assessment, and threat detection. It competes with Vigilor in the medical device security segment and represents the emerging pure-play threat that TRIMEDX's service-bundled cybersecurity model must fend off.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TriMedx
• Facebookfacebook.com/TriMedx
• LinkedInlinkedin.com/company/trimedx

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trimedx