Dynamic Medical out across the West
LOS ANGELES -- Dynamic Medical Systems, a distributor of patient lift systems, wound management, seating and positioning, respiratory services, bariatric systems and homecare products, has signed 120 accounts in nine new markets across the United States: Wyoming, Colorado, Idaho, Arizona, Nevada, Utah, Oregon, Washington and Montana. The expansion began in October of last year, cost an estimated $3 million, and is expected to generate returns of $5 million recurring annual revenue for the company. Dynamic expects to do about $14 million in sales this year and $20 million next year. The company supplies equipment to hospitals, though a spokesperson said HME is a "big part of what we do."