Our History

Construction of Med One Group building in Sandy Utah
Construction of Med One Group building in Sandy Utah
Construction of Med One Group building in Sandy Utah
Construction of Med One Group building in Sandy Utah
Construction of Med One facility in 2005
Med One Capital and Med One Group Logos

Originally known as Med One Capital, Med One Group was established in 1991 as a privately-owned business with its corporate offices now located in Sandy, Utah. Med One was founded by Larry Stevens and Brent Allen. After recognizing the needs of healthcare providers, they decided to focus on making medical equipment available through simple leasing, rental, and sales solutions.

Med One has created valuable relationships with industry-leading medical equipment companies to provide funding solutions for the products they sell. These vendor partnerships have been instrumental and have allowed us to work with the nation’s hospitals. With significant growth in the leasing industry came the need to update our services. We responded by entering the short-term equipment rental business as well as offering biomedical services. With a focus on critical care equipment, we have built a large inventory that is available to healthcare facilities in need of patient ready devices.

Med One Group has since grown to include multiple locations across the country. We have expanded our rental capabilities by adding offices in Northern and Southern California, Georgia, Florida, North Carolina, Colorado, and Arizona, with various rental partners across the country. Since 2009 we have offered direct sales to hospitals and other care facilities, primarily selling pre-owned equipment certified by our biomedical staff. We have also expanded to serve customers internationally providing equipment to those with limited access.

With rapidly growing rental services and over one billion dollars in lease transactions, Med One has experienced significant growth. In 2012, Larry and Brent were honored as Ernst & Young Entrepreneurs of the Year, the result of many years of hard work and dedication.

In 2017 Med One Capital officially changed its name to Med One Group. This restructuring allows Med One Capital, Med One Equipment Rental, and Med One Equipment Services to be part of Med One Group. This change helped us organize our services and strengthened the Med One brand. Creativity, Simplicity, and Responsiveness still drive everything we do.

Learn more about our name change