Healthmark Industries Co., Inc.

Healthmark Industries Co., Inc., doing business as Healthmark, is a Michigan-based manufacturer and distributor of medical inspection, sterilization, and surgical equipment that operates primarily as a prime contractor (99% of recent awards) supplying medical devices and consumables to the Department of Veterans Affairs and other federal health agencies under full-and-open competition — no set-aside designations characterize its prime footprint. Healthmark is a subsidiary of Datascope Corp., a for-profit manufacturer and contractor. The company operates across primary NAICS categories of Surgical and Medical Instrument Manufacturing and Surgical Appliance and Supplies Manufacturing, with roughly 5,000 recent federal awards spanning multiple decade-long relationships with VA regional networks, the Indian Health Service, and the Defense Logistics Agency.

Healthmark's capability portfolio centers on borescope and catheter inspection systems, sterilization equipment and pouches, medical transport containers, flexible inspection scopes, endoscopy systems, and dental and surgical instruments and supplies. Representative prime work includes a $65,983 delivery order from the Department of Veterans Affairs Veterans Integrated Service Network 2 (July 2025) for catheter inspection scopes, USB control boxes, mobile carts, and mounting tables; a $53,733 purchase order from VISN 6 (January 2024) for borescopes and accessories under a Total Small Business set-aside; a $50,052 delivery order from VISN 6 (September 2024) for borescope and equipment kits; and a $64,045 delivery order from VISN 12 (September 2021) for flexible inspection scope kits. The company also holds a $16 million Federal Supply Schedule contract under Medical Equipment and Supplies (FSS-65-II-A) with the VA Veterans Health Administration, valid through October 2028, which enables ordering of over 300 stocked medical products across VA facilities nationwide.

Customer concentration is dominated by Veterans Affairs regional networks. The top customer by potential value — Department of Veterans Affairs Veterans Health Administration Veterans Integrated Service Network 12 — anchors 81% of combined potential value across all recent awards at $21.7 million (15 awards), creating acute recompete exposure. The next tier of VA customers by potential value includes VISN 22 ($272 thousand, 19 awards), VISN 10 ($264 thousand, 19 awards), and VISN 20 ($240 thousand, 17 awards). The Department of Health and Human Services Indian Health Service ranks second by award count (50 awards) but carries only $333 thousand in combined potential value. The Defense Logistics Agency Troop Support Medical and broad DLA presence contribute 41 named awards but only $3 thousand in potential value. This split signals Healthmark's exposure to high-value single-customer concentration risk at VISN 12 offset by high-volume, low-value transactional relationships across Indian Health Service and DLA commodity purchases.

Healthmark's primary vehicle position is the Federal Supply Schedule contract 36F79724D0008 (Medical Equipment and Supplies FSS-65-II-A), which carries 82 task orders worth $1.7 million in combined potential value. The broader vehicle universe reflects the company's legacy presence on older federal supply schedules and BPAs: a Federal Supply Schedule V797P4387A vehicle shows 2,264 task orders with $2.6 million combined potential value, and multiple Blanket Purchase Agreements under that schedule vehicle (V797P4387A-VANAC90NP103013 with 478 task orders, $99 thousand; V797P4387A-V797P2072 with 424 task orders, $106 thousand) represent predecessor or transitional ordering mechanisms. A single-award Blanket Purchase Agreement with Veterans Integrated Service Network 1 for consumable medical and surgical supplies under the VA Medical/Surgical Prime Vendor Program was awarded March 15, 2025, with a ceiling of four dollars and completion date of July 14, 2030 — the nominal dollar ceiling reflects a BPA structure for which orders and pricing will be negotiated at time of issuance.

Activity has remained flat across the recent period — 22 awards in 2022, 22 in 2023, 19 in 2024, and 20 in 2025 — with only four awards recorded through May 2026, reflecting normal seasonal reporting lag. The combined potential value across all recent awards is $28.2 million, with $5.1 million obligated (18% execution rate), indicating active fulfillment of a large standing contract portfolio. Healthmark's subcontractor footprint is minimal (1% of recent awards, 53 sub-awards) and concentrated entirely under Cardinal Health 200, LLC, where the company supplies medical and surgical equipment and supplies including sterilization products, surgical instruments, laparoscopic equipment, hypothermia kits, and infection-control consumables. The sub work reflects commodity supply-chain distribution through a major medical equipment distributor rather than strategic subcontracting partnerships.