Tag: Reliable Medical Supply
Reliable Medical: ‘We’re finding the right markets’
March 31, 2023Liz Beaulieu, Editor
MINNEAPOLIS – Reliable Medical Supply closed on two acquisitions and opened five new locations in a busy first quarter of 2023.
The company acquired Tusk Mobility in Northpoint, Ala., and Capstone Medical Partners in Lakewood, Wash., two upstart complex rehab providers, and opened new locations in California, Indiana, Tennessee and Florida (Tampa and Orlando).
“Between the two acquisitions, our team grows by nine ATPs, and with the de novo locations, that’s an...
Reliable Medical buys Orbit Medical
December 2, 2022Liz Beaulieu, Editor
MINNEAPOLIS – Reliable Medical Supply’s acquisition of Chicago-based Orbit Medical on Dec. 1 allows the company to diversify its business model without changing its core products and services, says CEO Katie Stevens.
Orbit Medical, like Reliable Medical, is a full-line HME provider that specializes in power mobility and complex rehab, but it focuses on serving the needs of patients who are being discharged from the hospital or who are receiving home health care services.
“They’re...
Katie Stevens named top female leader
December 16, 2021HME News Staff
WATERLOO, Iowa – Katie Stevens, CEO of Reliable Medical Supply, was named the 2021 HME Woman of the Year during a virtual presentation hosted today by VGM.
“There is no better recognition,” said Stevens, who became CEO of the Minneapolis-based company in 2020 following a long career with a national complex rehab provider.
HME News featured Stevens and Reliable Medical Supply in this story in September.
This year’s award drew 64 nominations for...
In brief: Discontinued devices, freight surcharges, rehab expansions
September 3, 2021HME News Staff
PORT WASHINGTON, N.Y. – Drive DeVilbiss Healthcare will discontinue its DV5 and DV6 series of CPAP devices as of December 2021, citing raw material shortages, difficulty securing needed parts and increased component pricing.
The company will continue to focus on its oxygen products in response to the COVID-19 pandemic.
“Over the last two years, Drive DeVilbiss has been a major supplier of critical oxygen products during the largest respiratory pandemic in history,”...
Reliable Medical Supply shifts leadership
December 30, 2020HME News Staff
BROOKLYN PARK, Minn. – Reliable Medical Supply’s Debbie Kalk will be moving from CEO to culture and advocacy ambassador, and Katie Stevens will become the company’s new CEO. Stevens has overseen operations at RMS and has led the company’s integration efforts as it has expanded its geographic footprint into three new states over the past 18 months. “I am very happy to see Katie Stevens step into the CEO role,” Kalk said. “When determining my successor, I...
Reliable Medical Supply grows mobility business
April 10, 2020HME News Staff
MINNEAPOLIS - Reliable Medical Supply, a provider of complex rehab technology, clinical respiratory products, and DME and supplies, has announced a partnership with A&A Medical Supply. As part of the partnership, A&A's management team, including Anton Yeranossian, founder and CEO, will become investors in RMS and will continue to help grow the combined company. “When we decided to launch an aggressive growth plan in late 2019, we targeted companies who share the same patient-centric attitude...
In brief: RMS buys Med City Mobility, SC holds back on some cuts
June 28, 2019HME News Staff
MINNEAPOLIS - Reliable Medical Supply has made its first acquisition since taking on an outside investor last year: Med City Mobility.
Med City, founded in 2000, has locations in Austin, Faribault and Rochester, Minnesota, providing complex rehab technology and HME.
“When we decided to launch an aggressive growth plan in late 2018, we targeted companies who share the same patient-centric attitude that has led to RMS's success,” said Debra Kalk, CEO of RMS. “By partnering...
Reliable Medical Supply positions for growth
November 30, 2018Liz Beaulieu, Editor
BROOKLYN PARK, Minn. - Reliable Medical Supply has grown organically to four locations in Minnesota, but with an outside investor now on board, it has set its sights on expanding through acquisition into new geographical markets.The first area of focus for the company, whose top product categories are complex rehab and vents: buying another company that will allow it to better serve patients in western Wisconsin.“There are patient access issues out there,” said Debra Kalk, president...
Moneyline: Reliable Medical Supply, Viemed
November 28, 2018HME News Staff
MINNEAPOLIS - Reliable Medical Supply has recapitalized with Chicago-based private equity firm Seven Hills Capital. RMS is a DME provider specializing in complex rehab serving patients throughout Minnesota and western Wisconsin. "This is an ideal partnership for us," said Debra Kalk, president and CEO. "Not only do we gain a strong financial partner with Seven Hills, we also increase our capacity to gain market share through acquisition." Financial terms of the transaction, which was facilitated...
PHS, Reliable Medical make grade
June 24, 2015HME News Staff
MINNEAPOLIS - Pediatric Home Service and Reliable Medical Supply have each been named a Top Workplace by the Minneapolis Star Tribune. The award ranks companies based on confidential employee surveys that measure their leadership, benefits and strategic direction, according to a press release. It's the fifth year in a row that PHS has made the list, and its first garnering the No. 1 spot for midsized workplaces. “We are incredibly fortunate to employ people who are just as passionate about...