Medical Service Company expands in Michigan
By HME News Staff
Updated Tue September 17, 2019
CLEVELAND - Medical Service Company has acquired the assets of Beaumont Health's HME business in southeast Michigan, according to Modern Healthcare.
Those assets include four freestanding offices in Madison Heights, Berkley, Macomb and Riverview, and two offices at Beaumont hospitals in Royal Oak and Troy, the publication reported.
“Detroit is an outstanding healthcare market,” Joel Marx, chairman of Medical Service Company, told Modern Healthcare. “You have multiple systems in the market. I think we can expand significantly beyond the Beaumont footprint.”
The deal closed in July.
Medical Service Company hired most of the 100 employees who worked for Beaumont Home Medical Equipment, according to Modern Healthcare.
Medical Service Company now operates in six states (Ohio, Michigan, New York, Pennsylvania, Indiana and Kentucky), specializing in respiratory products and services.
It's not the first time Medical Service Company has bought the HME assets of a hospital, Marx told Modern Healthcare.
“Hospitals have found when they work with companies that only do this, it is done more effectively and efficiently,” he said.
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