Colonial takes interest in Baar
ORLANDO, Fla. – Colonial Medical Supplies has become a minority shareholder in Channahon, Ill.-based Baar Home Medical. As part of the agreement, Colonial will renegotiate the Baar’s pricing with manufacturers, and help it expand into new product categories and apply best billing practices. Colonial is also adding Baar’s location to its private insurance and competitive bidding contracts. Colonial won more than 600 contracts to supply walkers, oxygen, CPAP, manual and power wheelchairs, hospital beds and support surfaces in nearly all bid areas. In 2013, it began seeking strategic partners, instead of subcontractors, to more directly serve patients.