DHS taps Univita exec as new leader
By HME News Staff
Updated Wed March 26, 2014
HARRISBURG, Pa. - Dynamic Health Services (DHS) has named Michael Grabko as its new CEO, the company announced today.
"During this unique and transformative period in health care, there is no better person to lead DHS than Mike Grabko," stated Michael Holloway, president of GMH Ventures, a private equity firm that backs DHS, in a release.
Grabko, who most recently served as senior vice president of Univita Health, has more than 30 years of experience in health care. During his tenure at Univita, Grabko led the company's expansion into nine states and helped double revenues to more than $200 million. The company entered the HME market in 2010 when it acquired Atenda Healthcare Solutions.
Grabko's resume also includes stints as vice president of operations at Apria Healthcare, and area vice president and corporate vice president at Air Products Healthcare.
"We at DHS will look to position the company as a leader in the current geography we occupy, but with a vision for the expansion into new and profitable markets, products, acquisitions, and contracts," he stated in the release.
DHS has made several regional acquisitions in the past two years, most recently Reliable Medical in Hackensack, N.J. Other buys include HomeTown Oxygen, Evanko Respiratory, APO2 and Progressive Home Medical—all based in Pennsylvania.
“GMH Ventures is actively seeking to acquire other companies in the home and durable medical equipment marketplace within the Mid-Atlantic and Northeast regions,” the release states.
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