Tag: Medquip
Drive Medical, SP Industries make acquisitions
July 3, 2014HME News Staff
YARMOUTH, Maine - The HME industry saw a spurt of M&A activity last week, with Drive Medical buying Medquip, and SP Industries buying Bel-Art Products, the parent company of Maddak.Drive Medical becomes well equippedPort Washington, N.Y.-based Drive Medical says the acquisition of Medquip positions it as a leader in the nebulizer and respiratory disposable product categories. Bluffton, S.C.-based Medquip is best known for its Airial line of pediatric nebulizers, according to a press release.“Drive...
Drive Medical, SP Industries make acquisitions
July 3, 2014HME News Staff
YARMOUTH, Maine - The HME industry saw a spurt of M&A activity this week, with Drive Medical buying Medquip, and SP Industries buying Bel-Art Products, the parent company of Maddak.
Drive Medical becomes well equipped
Port Washington, N.Y.-based Drive Medical says the acquisition of Medquip positions it as a leader in the nebulizer and respiratory disposable product categories. Bluffton, S.C.-based Medquip is best known for its Airial line of pediatric nebulizers, according to a press release.
“Drive...
Pediatrics: Smaller market, but decent revenue
August 23, 2013John Andrews
Finding business channels that do not involve Medicare has become a primary mission for many HME providers looking to bolster revenues. The shakeup to the federal program has caused so much financial fallout that it has become nearly impossible for legions of companies to work within its confines any longer. Consequently, alternative categories such as pediatrics are getting a lot more interest, manufacturers say.“No question pediatrics is and has always been a huge growth market for all DMEs,”...