BPI Medical

What BPI Medical does

BPI Medical (legal name Ben's Precision Instruments, Inc.) is a US-based medical device service provider founded in 1976 and headquartered in Fife, Washington. The company repairs, refurbishes, manufactures, and sells medical instruments and equipment, with core competencies in flexible and rigid endoscope repair, surgical instrument sharpening and refurbishment, power equipment repair, and CNC-based custom manufacturing of OEM parts and prototypes. Technical capabilities include in-house laser welding for rigid endoscope joint repair, CCD camera chip rewire on flexible endoscopes, and the use of new German optics for full rigid scope rebuilds. The company is ISO 13485:2016 certified, operates from a 38,000 sq ft facility (approximately half-occupied, with expansion runway), and supports on-site mobile repair across 48 states.

BPI Medical generates revenue across four primary streams: (1) repair services for flexible endoscopes, rigid endoscopes, power equipment, and surgical instruments, priced 40-60% below OEM repair costs and 10-20% below competing third-party repair shops, with same-day or next-day turnaround and 90-day repair warranties; (2) equipment sales of flexible and rigid endoscopes, instruments, and power equipment to hospitals and surgery centers; (3) custom manufacturing and modification services using CNC machining for OEM partners (including spinal and orthopedic implant manufacturers such as DePuy Synthes and Tenon Medical); and (4) HSPA-approved continuing medical education delivered on-site at customer facilities.

The company serves a diversified customer base of 400+ healthcare organizations spanning regional health systems (MultiCare, Virginia Mason Franciscan Health, Evergreen Health, CHI Health), federal accounts (US Department of Veterans Affairs), and medical device OEMs. Go-to-market combines direct enterprise sales (1-800 line, field sales reps), on-site mobile repair, facility-based service in Fife, and an emerging national channel leveraging partner company sales forces. BPI is family-owned (Overmars family), led by President/CEO Bob Overmars, and operates as a private company with no disclosed institutional capital. The company has stated an ambition to scale to a $50M organization and is expanding into single-use medical devices via the Ocean Medical joint venture.

Name

BPI Medical

Legal name

Ben's Precision Instruments, Inc.

Website

https://bpimedical.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

BPI Medical is a 1976-founded, ISO 13485-certified medical device service provider in Fife, WA that repairs, refurbishes, manufactures, and sells endoscopes, surgical instruments, and power equipment for hospitals, surgery centers, and medical device OEMs across 48 US states.

Ownership category

akta.pro rank

Headquarters

HQ city

Fife

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Medical Device Repair Services: Core revenue stream providing repair services for flexible endoscopes, rigid endoscopes, power equipment, instruments, and other medical devices. Services include mobile repair, on-site repairs, and facility-based repairs with quick turnaround times (same-day or next-day return).
2. Equipment Sales: Sale of medical equipment for hospitals and surgery centers including flexible endoscopes, rigid endoscopes, instruments, and power equipment.
3. Manufacturing and Modification: Custom manufacturing of medical device parts and OEM replacements. Modification and customization of existing medical devices and instruments. Includes prototyping, small-batch manufacturing, and micromachining.
4. Continuing Education Services: HSPA-approved continuing medical education (CME) programs for healthcare professionals covering use, handling, and care of medical equipment. Classes offered for official credit with hands-on training delivered at customer facilities.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

BPI Medical is a medical device service provider that repairs, refurbishes, and services flexible and rigid endoscopes, surgical instruments, and power equipment for hospitals and surgery centers. The company also manufactures custom parts and OEM replacements using CNC machining and laser welding, sells medical equipment, and provides HSPA-approved continuing education programs for healthcare professionals.

Product overview

BPI Medical is a medical device service provider offering a comprehensive portfolio of repair, manufacturing, and equipment sales services. The company operates as a single integrated service offering rather than a platform-plus-modules architecture. Core services include flexible and rigid endoscope repair, instrument repair, power equipment repair, mobile on-site repair, manufacturing and modification (CNC machining for custom parts and OEM replacements), equipment sales, and continuing education programs for healthcare professionals. The company also provides preventative maintenance programs and loaner equipment. All services are delivered with ISO 13485:2016 quality certification.

Differentiator

Problem solved

Functional benefit

Products and services

• Flexible Endoscope Repair Refurbishment and repair of flexible endoscopes from all major manufacturers including Olympus, ACMI, Pentax, Storz, Machida, Stryker, and Vision Sciences. Includes in-house CCD camera chip rewires. Repairs meet original manufacturer standards with 90-day warranty on repairs and 2-year warranty on insertion tube replacements.
• Rigid Endoscope Repair In-house repair services for all types of rigid endoscopes including pediatric, operative, and urology scopes. Uses laser welding to secure critical joints and offers rebuilds from scratch using new German optics for optimal image quality.
• Instrument Repair Complete repair services for general, specialty stainless, and laparoscopic surgical instruments including sharpening, aligning, and straightening. Offers specialized finishing processes with 40-60% cost savings versus OEM repair costs.
• Power Equipment Repair Repair and refurbishment of pneumatic and electrical power equipment including surgical saws, drills, shavers, reamers, bur guards, hoses, wire/pin drivers, and dermatome repairs.
• Mobile Repair On-site repair services for medical instruments, surgical tools, endoscopes, and imaging equipment brought directly to customer facilities across 48 states to avoid shipping hassles.
• Manufacturing and Modification Custom parts manufacturing and OEM replacements using CNC machining capabilities for medical devices, instruments, and equipment, including implants, prototyping, small-batch manufacturing, and micromachining.
• Equipment Sales Sales of medical equipment for hospitals and surgery centers including flexible endoscopes, rigid endoscopes, instruments, and power equipment.
• Continuing Education HSPA-approved continuing education programs for healthcare professionals including hands-on training, CME activities, and courses covering medical equipment use, handling, and care. Classes are offered at customer facilities.

Quantifiable outcome

• 40-60% cost savings compared to OEM repair costs
• +5 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Ocean MedicalminorStrategic or Co-development PartnerBob Overmars (BPI President/CEO) formed a company with a doctor in Portland to make a sterile disposable device for removing catheters. Ocean Medical plans to launch its product in Q4, to be made on a contract basis.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• MFI Medical: Sells refurbished medical equipment and offers repair services across modalities. Comparable to BPI as a multi-line independent medical equipment provider serving hospitals and surgery centers.
• Block Imaging: Refurbishes and services medical imaging and surgical equipment with a national footprint. Comparable to BPI in independent medical equipment service, parts, and sales to healthcare providers.
• Auxo Medical: Specializes in refurbishment, sales, and service of surgical and medical equipment, including sterilization and OR tables. Directly overlaps with BPI's equipment sales and repair service lines.
• Avante Health Solutions: Provides new and refurbished medical equipment, repair services, and parts to hospitals and surgery centers. Overlaps with BPI on equipment sales, parts, and on-site repair capabilities.
• Probo Medical: Buys, sells, and repairs medical imaging and surgical equipment, including ultrasound and endoscopy. Competes with BPI in equipment sales, refurbishment, and endoscope-related service to healthcare facilities.
• Soma Tech Intl: Refurbishes, sells, and services medical equipment for hospitals and surgery centers. Directly comparable to BPI's equipment sales and refurbishment services across multiple modalities.
• Alpha Source Group: Independent provider of medical equipment repair, refurbishment, and parts services to hospitals and surgery centers. Highly comparable to BPI across service lines, customer base, and third-party repair business model.

Broad incumbents

• Stryker: Major manufacturer of endoscopes, surgical instruments, and power equipment. Comparable as the dominant OEM whose installed base BPI services, with potential to expand direct service offerings.
• Olympus: Largest endoscope OEM and a major provider of OEM service contracts. Indirectly competes with BPI as the dominant manufacturer whose equipment BPI repairs, and could compete via authorized service networks.

Emerging players

• Fibertech Medical: Specializes in endoscope and surgical instrument repair services. Comparable to BPI's endoscope repair focus, though smaller in scale and breadth than BPI's full-service portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/bpimedical
• YouTubeyoutube.com/@salesbpimedical8572
• Facebookfacebook.com/bpimedical
• LinkedInlinkedin.com/company/bpimedical

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about BPI Medical