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Howard's Medical Supply buys Keeler's Medical Supply

Howard's Medical Supply buys Keeler's Medical Supply

YAKIMA, Wash. - Howard's Medical Supply will purchase the inventory of Keeler's Medical Supply under a pending sale approved Aug. 28 by a U.S. Bankruptcy Court, according to the Yakima Herald. Keeler's Medical Supply filed for Chapter 11 bankruptcy in June, citing drastic reductions in Medicare and Medicaid reimbursement, the newspaper reported. Company officials at Howard Medical Supply told the newspaper they have handled the same cuts by being debt free and by improving operational efficiency. They will pay $600,000 in cash for Keeler's Medical Supply's inventory, the newspaper reported. Keeler's Medical Supply's co-owner Chuck Vetsch and employee Brad Vetsch will have a five-year non-compete agreement, it reported.

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