Tag: Domtar
In brief: Letters urge CMS to drop vents from bid program, NSM boosts home access biz
May 24, 2019HME News Staff
WASHINGTON - Reps. Morgan Griffith, R-Va., and Peter Welch, D-Vt., and Sen. Bill Cassidy, R-La., are leading a pair of congressional sign-on letters asking CMS and HHS to drop non-invasive vents from Round 2021 of competitive bidding.Industry stakeholders and their champions in Congress argue that vents are life-supporting, service-intensive medical devices and that including them in the program will negatively impact medically fragile patients.“Congress has never specifically directed the...
Domtar launches new product line
May 22, 2019HME News Staff
RALEIGH, N.C. - Domtar Corporation's Personal Care Division has launched its new Attends Premier product line in North America. The line, available both online and in-store, offers briefs, underwear and a premium underpad. Innovations in the new line include the Dry-Lock Containment Core, SmartCool Breathability and ConfidenceCuff Elastics.
M&A market holds steady in 2016
January 6, 2017Theresa Flaherty, Managing Editor
YARMOUTH, Maine - The pace of acquisitions slowed down a bit in 2016, but overall it was a decent year for buyers, say analysts.“The big deals have stalled out a bit, but you have a lot of people that are shopping and acquiring the small patient add-on deals,” said Brad Smith, managing partner at Vertess, a Tucson, Ariz.-based M&A advisory firm. “If you have $10 million to spend, you could get one really nice company or you could buy a whole ton of patient lists, which have more...
Domtar committed to growing DTC biz
January 3, 2017Theresa Flaherty, Managing Editor
FORT MILL, S.C. - Domtar's acquisition of Home Delivery Incontinence Services fits well with the company's “big vision” for growing its direct-to-consumer business.Domtar is a leading manufacturer of absorbent hygiene products and other fiber-based products.The Olivette, Mo.-based HDIS is a well-established mail-order provider of incontinence supplies with a large customer base“We are looking to build relationships with end users that last, and we are able to provide a broad scope...
Wound care veers toward cash market
November 28, 2016John Andrews
As the reimbursement landscape becomes more difficult, HME providers committed to the wound care market are apparently turning to cash sales as a way to boost to sagging revenues.Market specialists believe that independent HME providers are well positioned to compete against the big box stores and, in fact, many are committed to helping those same providers succeed in the space.For instance, Raleigh, N.C.-based Domtar is committed to selling their Discreet line of incontinence briefs and other products...
Domtar-HDIS a done deal
October 5, 2016HME News Staff
FORT MILL, S.C. - Domtar Corp. has completed its acquisition of Home Delivery Incontinence Supplies (HDIS), the company announced Oct. 3. Domtar, a provider of fiber-based products, and HDIS, a direct-to-consumer provider of incontinence supplies, announced a definitive agreement on Aug. 18. The deal is worth $45 million with a possible earn-out payment of up to $10 million.
In brief: Drive explains sale, ResMed and F&P trade lawsuits
August 19, 2016HME News Staff
PORT WASHINGTON, N.Y. - Drive Medical has sent a letter to its customers in response to reports that private equity firm Clayton, Dubilier & Rice is close to buying the company.
Drive Medical, which currently calls private equity firm Ferrer, Freeman & Co. a minority stockholder, seeks additional equity capital to continue its growth strategy, the Aug. 12 letter states.
“Given the company's position within the healthcare industry, its prospects, multiple channels of growth and acquisition...
Domtar acquires HDIS
August 19, 2016HME News Staff
FORT MILL, S.C. - Domtar Corporation has agreed to acquire direct-to-consumer supplier Home Delivery Incontinent Supplies, it announced Aug. 18. The deal, expected to close by the end of the year, is worth $45 million with a possible earn-out payment of up to $10 million. The Olivette, Mo.-based HDIS was founded in 1986. It has 240 employees and total revenues of approximately $65 million. Domtar is a provider of fiber-based products, including communication, specialty and packaging papers, market...