StateServ, Hospicelink merge

Tuesday, January 30, 2018

TEMPE, Ariz., and BIRMINGHAM, Ala. – StateServ Holdings and Hospicelink have combined to become the leader for DME benefit management solutions in the hospice and post-acute care markets, the two companies say. Together, StateServ and Hospicelink operate a national network of more than 1,300 DME provider locations and 21 company owned distribution centers that serve more than 100,000 patients daily. “This marks the beginning of a long-term strategy to expand our leadership in the core hospice market and position the combined business to add value across the post-acute continuum of care,” said Paul DiCosmo, CEO of StateServ. “This exciting partnership will enable substantial investments in technology and infrastructure for the benefit of our employees, customers and DME partners across the nation.” The combined company will be a portfolio company of Blue Wolf Capital Partners, a middle-market private equity fund. Paul DiCosmo, StateServ’s co-founder and CEO, has been named CEO of the combined company. Chad Trull, Hospicelink’s founder and CEO, has been named president. The combined company will retain both current headquarters in Tempe, Ariz., and Birmingham, Ala.