PE firm invests in Rebound Medical
By HME News Staff
Updated 9:22 AM CDT, Tue April 9, 2024
DANBURY, Conn. – Private equity firm Castleford Capital has announced a growth investment in Rebound Medical Systems, a provider of DME to patients recovering from orthopedic and vascular surgical procedures. "We will use this new capital to invest in our team and drive growth in our service territories, which build upon our dedication to physicians and their patients,” said Todd Piatnik, founder of Rebound. “The entire Rebound team is excited by this new partnership. I am thankful to our employees and business partners for their years of dedication. I am very appreciative of our physician and practice clients, who have positioned us for this transformational growth opportunity.” Rebound is a provider of DME and services to patients of orthopedic, vascular, podiatry, pain management and spine physicians. Its offerings include pneumatic compression devices, electrical stimulus devices, wraps, garments and other accessories that facilitate recovery from surgery and manage chronic conditions. The company administers the entire process, including patient insurance verification, patient education and communication, delivery of equipment, accurately and efficiently processing claims, and provider communication management.
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