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About

About the Company

PartsSource is the leading technology and enterprise software platform for managing mission-critical healthcare equipment. With the mission of ensuring healthcare is always on, PartsSource empowers owners and operators of mission-critical equipment to maximize clinical availability and patient throughput, while achieving sustainable savings and efficiencies. We connect more than 5,000 hospitals and 15,000 clinical sites with over 10,000 suppliers, enabling access to a comprehensive portfolio of parts, services and training solutions. With decades of proprietary data, PartsSource is transforming the medical equipment supply chain to create greater financial, labor and clinical capacity for top providers.

Company headquarters
Headquarters Location

50 Executive Parkway, Cleveland, OH

Number of employees
Number Of Employees
500
Company industry
Industry
Hospital & Health Care
Company website
Company Website
Company ceo
CEO
Philip Settimi, MSE MD

Our Certifications

See What We've Been Awarded

Certified Company
Certified
2024

Reviews

Why is PartsSource a Most Loved Workplace®?

At PartsSource we are empowered to innovate and excel in the dynamic medical technology landscape – working tirelessly to solve our customers most complex equipment problems. Every member of our team is not just an employee, but a valued owner, with equity in our shared success. Year over year, our growth trajectory continues upward, fueling optimism and excitement. Together, we envision a tomorrow filled with breakthroughs, advancements, and meaningful impact in healthcare.

PartsSource employees are deeply committed to our mission of ensuring healthcare is always on. That common ground is the foundation of our success. Collectively, we are driven to make a difference in healthcare. Many candidates are drawn to the company and build careers with PartsSource because they are service-oriented and have a passion for healthcare innovation. PartsSource has earned a position as a trusted partner to the nation’s top health systems because of our focus on staying close to the customer, courage in challenging the status quo, and collaborative team-based culture

Phil Settimi MSE, MD is a service-oriented leader, driven by his passion to advanced medical technology. As the President and CEO of PartsSource, Dr. Settimi draws upon an extensive background of success in the medical device and healthcare industries to guide and transform the company. Dr. Settimi leads with integrity, innovation and a deep commitment to making a difference on patient care through technology. When Dr. Settimi joined PartsSource in 2014, he pivoted the company from its founding focus on sourcing difficult to find medical parts, to the higher value purpose of raising the availability and quality of patient care.

At PartsSource, every voice matters. Our culture of respect and inclusion ensures that all employees feel valued and heard. From frontline workers to executives, everyone’s input is not only welcomed but actively sought after. We consistently survey employees for feedback on ways to improve the employee experience. We foster an environment where diverse perspectives are celebrated and leadership actively engages with teams, recognizing and appreciating their contributions. Our commitment to transparency and open communication cultivates a sense of trust and empowerment among all employees. At PartsSource, respect isn’t just a value — it’s our culture.

PartsSource provides technology and tools to increase efficiency in collaborating, but we achieve our shared goals and responsibilities because there is a clear ‘why’ connected to the mission of our work. Our team is empowered to collaborate because we have a team-oriented culture of wanting to help and a desire to see each other succeed. We know we are better together. Some specific examples of unique ways we support collaboration are through knowledge sharing and continuous learning. Because we prioritize collaboration formally and informal channels, we see our employees take the initiative to collaborate in their day-to-day work.

PartsSource offers innovative benefits as a part of a Total Rewards package. We leverage our Shared Ownership Model to Drive a Performance Base Culture. We are one of 8% of Private Equity companies that offer equity to all full-time employees. Additionally, majority of our employees can earn a short-term variable compensation incentive with significant up-side. We provide comprehensive Health and Welfare Benefit plans including a 401(k) with a match and a Student Loan, College Save Up program. PartsSource also pays for majority of the benefit premiums. We focus on both the mental and physical well-being of our employees.

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