Clinical operations note: globus-medical-faq-founded-royersford-pa-hospital-beds-cardiac-stents-and-fluoroscopy-134
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When was Globus Medical founded?
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Is Globus Medical located in Royersford, PA?
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Does Globus Medical make hospital beds?
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What should I check before buying hospital beds?
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Is Globus Medical a cardiac stent company?
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What is fluoroscopy?
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How do I keep procurement categories straight?
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What is the most expensive procurement mistake you've made?
I'm a supply chain coordinator at a community hospital. I've been handling medical equipment orders for six years. I've personally made (and documented) 23 significant mistakes, totaling roughly $84,000 in wasted budget. Now I maintain our team's procurement checklist, and this FAQ is the version I wish someone had handed me before I started.
Here's what I'm answering:
- When was Globus Medical founded?
- Is Globus Medical located in Royersford, PA?
- Does Globus Medical make hospital beds?
- What should I check before buying hospital beds?
- Is Globus Medical a cardiac stent company?
- What is fluoroscopy?
- How do I keep procurement categories straight?
- What is the most expensive procurement mistake you've made?
When was Globus Medical founded?
Globus Medical, founded in 2003, has grown a lot since then. I know the year because I spent an afternoon looking it up after a surgeon called it 'the new spine company.' It's publicly traded under the ticker GMED, and after the NuVasive merger in 2023, its product line expanded significantly. If you see 'globus-medical' with a hyphen in a supplier portal, it's the same company.
For procurement, the founding year matters less than whether the vendor has the right regulatory clearances. I check the FDA 510(k) database before I ask for pricing. It's not a perfect system, but it gives you the official device name, applicant, and decision date. That's more useful than a brochure.
Is Globus Medical located in Royersford, PA?
The official headquarters I've seen on contracts and SEC filings is in Audubon, PA, not Royersford. But the phrase 'Globus Medical Royersford PA' keeps showing up in local directories and delivery logs. My best guess is that some service and logistics activity in that area gets lumped together, so you'll see both addresses.
If someone sends you a quote with a Royersford address, confirm the legal entity and the exact site before submitting a PO. A city name alone doesn't tell you which facility is responsible for validation, service, or returns. It sounds small, but it matters.
Does Globus Medical make hospital beds?
No. I can see why someone might ask: hospitals buy capital equipment in groups, and search directories don't always separate categories. Globus Medical's portfolio is focused on spine, orthopedics, and surgical enabling technology. A hospital bed is a patient support surface, and it belongs in a separate category with its own testing and regulatory requirements.
Mixing the two in a quote request will slow you down. I learned that when I copied a bed specification into a surgical equipment RFP. It was obviously wrong to the sales rep, and it took two days to sort out.
What should I check before buying hospital beds?
More than I knew in my first year. In 2018, I approved a 12-bed order based on sticker price and missed the fact that the beds didn't include the nurse-call interface modules our hospital uses. The result: $16,800 in adapters and a three-week delay while clinical engineering figured out a workaround.
It's tempting to think a hospital bed is a hospital bed. But that ignores bariatric capacity, bed exit alarms, mattress compatibility, power outlet requirements, cleaning protocols, and whether the beds can be upgraded later. If you're buying through a GPO, get the contract price in writing with the service plan included. I want to say the service agreement added about $850 per bed, but don't quote me on that exact number.
Is Globus Medical a cardiac stent company?
No. In September 2022, a new administrator asked me to include 'cardiac stents' in a quote request we were sending to a spine implant vendor. I didn't check the product category before forwarding it. A week later, we had a quote for a cardiovascular product from the wrong type of vendor. That's when I learned to separate categories first.
Globus Medical's focus is spine, orthopedics, and surgical enabling technology. Cardiac stents are a different world, made by companies like Abbott, Boston Scientific, and Medtronic. It's an easy mix-up when you're building a hospital-wide supply list, but the regulatory and reimbursement paths are completely different. The FDA product classification alone should tell you these aren't in the same category.
What is fluoroscopy?
Fluoroscopy is a real-time X-ray imaging technique. Think of it as an X-ray movie that lets a surgeon see instruments and anatomy while moving. It's used in many procedures, including cardiac stent placement. During spine surgery, a C-arm provides fluoroscopy to confirm that an implant is positioned correctly.
Procurement people should understand this because it affects radiation exposure, OR time, and the equipment you need. One reason surgical navigation systems like Globus Medical's ExcelsiusGPS became popular is that they can reduce the number of fluoroscopy images needed. If you're evaluating a navigation system, ask how it will integrate with the C-arm or CT you already have. It isn't always an either/or purchase, and the answer changes your room setup and training plan.
How do I keep procurement categories straight?
Use a separate RFP or checklist for each product category. After the cardiac stent mix-up, I started maintaining a spreadsheet with columns for FDA product code, vendor name, clinical contact, and reimbursement note. If the search term includes 'hospital bed,' 'cardiac stent,' or 'fluoroscopy,' I know I'm in a different category with different decision-makers.
It sounds basic, but it would have saved me from the most awkward phone call of 2022. I should add that this is not just an admin problem. Clinical teams also benefit when the request is framed around their specific procedure and patient population. For example, a cardiac stent review should include an interventional cardiologist and a cath lab manager. A hospital bed review should include nursing and clinical engineering. Fluoroscopy questions should get a radiologist or radiation safety officer involved early.
What is the most expensive procurement mistake you've made?
Not checking reimbursement support before buying capital equipment. We brought in a new imaging system, and only later discovered that our usual procedure codes didn't align with how the system was meant to be used. It took me about four years and roughly 150 orders to understand that vendor relationships and reimbursement help matter as much as product specs.
The fundamentals haven't changed, but execution has transformed. Now I ask every vendor for three things in writing: FDA clearance or registration, CPT/reimbursement codes if applicable, and a named service contact. This worked for us, but we're an 85-bed hospital with limited clinical engineering staff. If you're a large academic center, your mileage may vary.