ReNew Biomedical
ReNew Biomedical is an ISO 13485-certified independent medical equipment service organization providing depot repairs, on-site preventive maintenance, and the RAMS asset management platform to 500+ EMS agencies, hospitals, and post-acute care providers across all 50 U.S. states.
- Company typePrivate
- Founded2014
- HeadquartersJackson, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ReNew Biomedical does
ReNew Biomedical is an independent, ISO 13485-certified third-party medical equipment service organization founded in 2014 in Jackson, Tennessee, providing depot repairs, on-site preventive maintenance, calibration, and asset management to EMS agencies, hospitals, and post-acute and alternative-care providers across all 50 U.S. states. The company operates five service depots (Jackson TN headquarters, Elmhurst IL, Louisville KY, Atlanta GA, and Ocala FL) and a nationwide fleet of on-site service vehicles staffed by AAMI-certified biomedical technicians (CABT/CBET), with services spanning defibrillators, infusion pumps, ventilators, stretchers, AEDs, ECGs, vital signs monitors, oxygen concentrators, mechanical compression devices, electrosurgical units, and suction units.
The company monetizes through per-incident repair quotes, one-time preventative maintenance, tiered annual service contracts (including a Premium ARM XR contract with battery replacement and loaner provisions), and refurbished equipment and parts sales distributed via Master Medical Equipment. Its central technology asset is RAMS (ReNew Asset Management System), a proprietary cloud-based CMMS featuring automated PM scheduling, digital job history with photographs, multi-site device tracking, compliance reporting, and, as of April 2025, an AI-Assisted Troubleshooting module that retrieves diagnoses and repair recommendations from device manuals and historical repair records. ReNew also holds exclusive or authorized service relationships with Inovytec (Ventway Sparrow), Eitan Medical (Sapphire infusion pumps), Defibtech (ARM XR), and O-Two Medical Technologies, and operates the ReNew Biomedical Training Academy — the first AAMI/DOL-registered HTM apprenticeship program in the United States — as a proprietary workforce pipeline.
The company is privately held and founder-owned (Mark Taylor as CEO and Managing Partner, with Justin Smith as Managing Partner and Jill Taylor as Co-Owner), with no disclosed external funding, and positions itself as a cost-transparent, Right-to-Repair-aligned alternative to OEM service agreements, emphasizing faster turnaround (4-day average), nationwide coverage, and certified compliance documentation for regulated healthcare customers.
ReNew Biomedical firmographics
Firmographics- Name
- ReNew Biomedical
- Legal name
- ReNew Biomedical
- Website
- https://renewbiomedical.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ReNew Biomedical is an ISO 13485-certified independent medical equipment service organization providing depot repairs, on-site preventive maintenance, and the RAMS asset management platform to 500+ EMS agencies, hospitals, and post-acute care providers across all 50 U.S. states.
- Ownership category
- akta.pro rank
ReNew Biomedical industry classification
Industry- Product category
- Medical Equipment Repair & Maintenance Services
- NAICS
- Electronic and Precision Equipment Repair and Maintenance (811210), Custom Computer Programming Services (541511)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Services-Health Services (8000)
- akta.pro primary industry
- Equipment Installation, Maintenance, Repair & Sanitization Services (HSABAKAJ)
Keywords
Where ReNew Biomedical is headquartered
LocationHeadquarters
- HQ city
- Jackson
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
ReNew Biomedical business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Preventative Maintenance (PM) Services: One-time or recurring diagnostic checks, calibration, and safety testing of medical equipment to OEM specifications. Delivered either at customer site (on-site PM) or at ReNew depot facilities. Pricing quoted per device or bundled in annual contracts.
- Annual Service Contracts: Annual contracts bundling preventative maintenance, warranty coverage on parts and labor, automated service reminders, access to replacement parts, discounts on repairs, digital report storage for compliance, and multi-site asset management via RAMS. Billed on annual or multi-year cadence.
- Equipment Repair Services: Per-incident repair services for medical equipment malfunctions. Customers ship devices to depot or request on-site repair. Quoted after device inspection. Repairs follow OEM standards using OEM or equivalent parts.
- Refurbished Equipment Sales: Sale of recertified/refurbished medical equipment (e.g., stretchers) to EMS providers and healthcare facilities seeking quality equipment at reduced cost. Distribution through partner Master Medical Equipment.
- Parts and Accessories: Sale of replacement parts, PM kits, batteries, cables, and accessories for serviced medical devices. Facilitated through partnership with Master Medical Equipment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | One-Time Preventative Maintenance |
| Subscription | Annual | Annual Service Contract |
| Other | Pay-as-you-go | Per-Repair / Per-Incident Service |
| Subscription | Annual | Premium Service Contract (ARM XR) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
ReNew Biomedical product offering
Product offeringCore offering
ReNew Biomedical is an ISO 13485-certified medical equipment service organization that provides depot repairs, on-site preventive maintenance, annual service contracts, and refurbished equipment sales for EMS agencies, hospitals, and post-acute care organizations. The company supports a broad range of medical devices including defibrillators, infusion pumps, ventilators, stretchers, AEDs, ECG/EKG machines, vital signs monitors, O2 concentrators, mechanical chest compression devices, electrosurgical units (ESUs), and suction units. Its proprietary RAMS asset management platform and AI-Assisted Troubleshooting technology enable real-time service updates, automated PM scheduling, and faster diagnostics across a nationwide on-site service fleet covering all 50 states.
Product overview
ReNew Biomedical is a full-service medical equipment service organization offering a unified portfolio of depot repairs, on-site field service, preventative maintenance programs, and service contracts. The company's flagship platform is RAMS (ReNew Asset Management System), a proprietary cloud-based CMMS that ties together real-time service updates, AI-assisted troubleshooting, automated scheduling, and compliance reporting. The service portfolio covers a broad range of medical devices including defibrillators, infusion pumps, ventilators, stretchers, AEDs, ECGs, vital signs monitors, oxygen concentrators, compression devices, ESUs, and suction units, with specialized offerings such as the exclusive servicer agreement for the Ventway Sparrow ventilator and authorized service center status for Eitan Medical Sapphire pumps. ReNew also operates a Training Academy for biomedical technician workforce development.
Differentiator
Problem solved
Functional benefit
Brands
- RAMS (ReNew Asset Management System): Proprietary asset management software system designed for healthcare organizations to track service history, maintenance schedules, and equipment lifecycle management.
- ReNew Biomedical Training Academy
Products and services
- Depot Repair Services Full-service medical equipment depot providing repair, calibration, recertification, and inspection for a wide range of devices including defibrillators, infusion pumps, ventilators, AEDs, ECG/EKG machines, vital signs monitors, O2 concentrators, stretchers, ESUs, and suction units. Devices are shipped to one of five depot locations, inspected by certified technicians, quoted, repaired to OEM standards, and returned with free shipping.
- On-Site Field Service Fleet of certified biomedical technicians who travel directly to healthcare and EMS facilities nationwide (all 50 states) to deliver preventive maintenance, calibrations, electrical safety tests, and on-the-spot diagnostics at customer locations, eliminating the need for customers to ship equipment.
- Preventative Maintenance (One-Time PM) Scheduled or one-time preventive maintenance service including diagnostics check of CPU, power supply testing, parameter testing, system internal clock check, operational functions check per OEM standards, cleaning, full biomed report, phone support, and free return shipping. Priced per device.
- Annual Service Contracts Annual and multi-year subscription service and warranty packages bundling preventative maintenance, warranty coverage on parts and labor, automated service reminders, multi-site asset management access via RAMS, replacement parts access, repair discounts, and digital report storage for audit compliance.
- ReNew Asset Management System (RAMS) Proprietary cloud-based CMMS platform for healthcare organizations providing real-time service updates, one-click service requests, automated PM scheduling, digital job history with photographs, quote approval workflows, compliance/audit report generation, multi-site device tracking, predictive analytics, and inventory management. Includes AI-Assisted Troubleshooting and OperativeIQ integration.
- ReNew Biomedical Training Academy Registered apprenticeship and training program (in-person hands-on classes, mentorship, CABT and CBET certification preparation) plus an online HTM Fundamentals course. Operates as a workforce-development pipeline for Healthcare Technology Managers and certified biomeds; recognized as the first AAMI-partnered, DOL-Registered Apprenticeship Program in the U.S. biomedical industry.
- Refurbished Equipment Sales Refurbished and recertified medical equipment such as ambulance stretchers, sold to EMS providers and healthcare facilities seeking quality equipment at reduced cost. Distributed through Master Medical Equipment as a channel partner; refurbished stretcher repairs cost less than half the price of buying new.
Quantifiable outcome
- Average turnaround time of 4 days for depot repairs
- +3 more outcomes
Companies that use ReNew Biomedical
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
ReNew Biomedical technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature3 records
ReNew Biomedical partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- DefibtechcoreReNew Biomedical partnered with Defibtech to offer maintenance and support for the Defibtech ARM XR automated chest compression device. ReNew offers three service contract tiers: Preventative Maintenance only, Basic Service Contract (PM + Repairs), and Premium Service Contract (PM + Repairs + Battery Replacements + Loaner Devices). The partnership leverages ReNew's ISO 13485-certified quality management and nationwide on-site service network.
- O-Two Medical TechnologiescoreReNew Biomedical entered a strategic partnership with O-Two Medical Technologies to provide expert preventative maintenance, repair, and recertification services for O-Two's ventilation products including e500, e700, and CAREvent ALS ventilators. ReNew operates multiple strategically located repair depots to ensure quick turnaround for O-Two customers.
- OperativeIQcoreIntegration partnership enabling users to seamlessly import records from OperativeIQ into ReNew's RAMS system, and vice versa. Includes automated data importing, inventory and asset management integration, and advanced service reporting. Joint customers benefit from 24/7 access to service documents, asset images, and maintenance records across both platforms.
- AAMI (Association for the Advancement of Medical Instrumentation)coreAAMI is the governing body behind Biomedical Certification and partnered with ReNew to create the first-ever AAMI/DOL-registered HTM Apprenticeship Program. AAMI's Chief Learning and Development Officer and VP of HTM participated in ReNew's graduation ceremony. The partnership provides national recognition and credibility for ReNew's Training Academy graduates.
- U.S. Department of LaborcoreThe ReNew Biomedical Training Academy is certified by the Federal Department of Labor as a Registered Apprenticeship Program. Josh Weatherford's apprenticeship completion was specially recorded in the Federal DOL Archives as the first-ever AAMI/DOL HTM apprenticeship graduate nationally.
- Master Medical Equipment (MME)minorMaster Medical Equipment serves as ReNew's trusted parts and accessories distributor partner, providing access to a vast catalog of in-stock essential accessories (batteries, cables, circuits, pads, units). ReNew refurbished stretchers are also sold through MME's distribution channel.
- Inovytec (Ventway Sparrow)coreReNew Biomedical is the exclusive servicer of the Inovytec Ventway Sparrow Ventilator. This exclusive arrangement positions ReNew as the sole third-party service provider authorized to maintain and repair the Ventway Sparrow device.
- Eitan Medical (Sapphire Infusion Pump)coreEitan Medical authorized ReNew as an authorized service center for Level I and Level II service of the Sapphire series of infusion pumps. ReNew has manufacturer-provided test software and service portal access for the Sapphire pump product line.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
ReNew Biomedical competitors and assessment
Company assessmentDirect peers
- Crothall Healthcare (Compass Group): Crothall Healthcare Technology Management, a Compass Group subsidiary, provides biomedical equipment maintenance, repair, and asset management services for hospitals and health systems. It competes with ReNew for similar hospital and health-system customers through multi-site service contracts.
- TRIMEDX: TRIMEDX is one of the largest independent healthcare technology management (HTM) service providers in the U.S., offering biomedical equipment repair, preventive maintenance, and asset management for hospitals. It is the most direct comparable to ReNew's third-party depot-plus-onsite model, although at significantly greater scale.
- Renovo Solutions: Renovo Solutions is an independent HTM service provider specializing in biomedical equipment repair, preventive maintenance, and clinical engineering for hospitals and health systems. It is a similar-sized direct peer competing for the same hospital service-contract opportunity.
- Agiliti: Agiliti (formerly Universal Hospital Services) provides medical equipment management, service, and rental solutions to hospitals and healthcare systems across the U.S. It directly competes with ReNew in equipment maintenance, repair, and asset management for hospital customers.
Broad incumbents
- Philips Healthcare: Philips Healthcare is a major medical device OEM that provides its own service and maintenance programs for defibrillators, monitors, and AEDs. As an OEM, it competes with ReNew's third-party alternative by bundling service with equipment purchases.
- GE HealthCare: GE HealthCare manufactures and services patient monitors, ECGs, and diagnostic equipment, and offers comprehensive OEM service contracts. It competes with ReNew on the hospital side for service contracts on its installed base of GE monitoring and ECG devices.
- ZOLL Medical: ZOLL Medical is a leading manufacturer of defibrillators, AEDs, and mechanical CPR devices (AutoPulse) with its own service network. ReNew services ZOLL defibrillators and competes with ZOLL's own service program as a lower-cost third-party alternative.
- Stryker: Stryker is a major OEM of ambulance stretchers (Power-PRO XT, Power-PRO 6500/6506) that ReNew services and refurbishes. Stryker's own service organization competes with ReNew's depot and on-site stretcher service business.
- Sodexo Healthcare Technology Management: Sodexo's Healthcare Technology Management division provides comprehensive biomedical equipment maintenance and asset management services globally as part of its broader facilities services portfolio. It competes with ReNew on integrated HTM outsourcing contracts for hospitals.
Emerging players
- Master Medical Equipment: Master Medical Equipment (MME) is a distributor of new and refurbished medical equipment and parts, and serves as ReNew's distribution partner for refurbished stretchers and replacement parts. It is a complementary channel partner rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
ReNew Biomedical social profiles
Digital presenceReNew Biomedical compliance and trust
Trust signalCompliance1 record
ReNew Biomedical financial estimates
Financial estimateRevenue estimate
Valuation estimate
ReNew Biomedical leadership team
Management profileNumber of profiles
Profiles8 records
ReNew Biomedical funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ReNew Biomedical M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ReNew Biomedical
What does ReNew Biomedical do?
ReNew Biomedical is an ISO 13485-certified medical equipment service organization that provides depot repairs, on-site preventive maintenance, annual service contracts, and refurbished equipment sales for EMS agencies, hospitals, and post-acute care organizations. The company supports a broad range of medical devices including defibrillators, infusion pumps, ventilators, stretchers, AEDs, ECG/EKG machines, vital signs monitors, O2 concentrators, mechanical chest compression devices, electrosurgical units (ESUs), and suction units. Its proprietary RAMS asset management platform and AI-Assisted Troubleshooting technology enable real-time service updates, automated PM scheduling, and faster diagnostics across a nationwide on-site service fleet covering all 50 states.
Is ReNew Biomedical a public or private company?
ReNew Biomedical is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ReNew Biomedical founded?
ReNew Biomedical was founded in 2014. It employs 11 to 50 people.
Where is ReNew Biomedical based?
ReNew Biomedical is headquartered in Jackson, United States, in the North America region.
How does ReNew Biomedical make money?
Five revenue lines are on record. Preventative Maintenance (PM) Services are the primary driver. The others are annual Service Contracts, equipment Repair Services, refurbished Equipment Sales and parts and Accessories.
Who are ReNew Biomedical's main competitors?
Direct peers on record are Crothall Healthcare (Compass Group), TRIMEDX, Renovo Solutions and Agiliti. Broad incumbents are Philips Healthcare, GE HealthCare, ZOLL Medical, Stryker and Sodexo Healthcare Technology Management. Master Medical Equipment is listed as an emerging player.
Does ReNew Biomedical have an API?
No public API is recorded for ReNew Biomedical.
What industry is ReNew Biomedical in?
ReNew Biomedical's product category is Medical Equipment Repair & Maintenance Services. Its primary akta.pro industry code is HSABAKAJ, Equipment Installation, Maintenance, Repair & Sanitization Services. Its NAICS code is 811210 and its SIC code is 3841.