Tag: Medical Specialties Distributors

STOUGHTON, Mass. - Medical Specialties Distributors has entered into a definitive agreement to be acquired by McKesson Corp., the company announced April 25. McKesson will pay $800 million for the post-acute/non-hospital patient supply chain provider, according to news reports. “We believe McKesson is the ideal partner and view this transaction as a strategic fit that will generate many benefits for our customers and their patients,” said Tom Burke, CEO of MSD. “Combining our complementary...

LENEXA, Kan. - Mediware Information Systems has entered into an agreement with Medical Specialties Distributors, a supply chain solutions provider, as an integrated solution provider or ISP. Integration of Mediware's CareTend enterprise software with MSD expands access to real-time pricing and inventory, drop shipments and bulk supply orders, and automated delivery confirmations. “We are eager for our CareTend customers to benefit from the software integration so they can eliminate manual entry...

WASHINGTON - As this year's congressional session winds down, HME stakeholders are eyeing the “doc-fix” bill as the best vehicle for H.R. 1717. The Senate Finance and House Ways and Means committees are expected to mark up the doc fix bill on Thursday, according to Cara Bachenheimer, senior vice president of government relations for Invacare. If a finalized fix to physician reimbursement is delayed, it would give the industry more time to push H.R. 1717, which has 160 co-sponsors, said...

CHICAGO - Water Street Healthcare Partners has sold Stoughton, Mass.-based Medical Specialties Distributors to New Mountain Capital, according to a Dec. 2 release. Medical Specialties Distributors, which supplies infusion therapy products, supplies, biomedical services and IT solutions, purchased Medical Technology Resources in June. “Water Street has been instrumental in our company's success,” said Jim Beck, president and CEO of Medical Specialties Distributors, in a release. “Its...

STOUGHTON, Mass. - Medical Specialties Distributors (MSD), an alternate-site infusion therapy provider, has acquired Medical Technologies Resources (MTR), a Columbus, Ohio-based provider of infusion pumps and a healthcare billing service, according to a press release. In addition to its infusion therapy products, MSD offers distribution services and technology solutions to the home infusion and oncology markets. Since partnering in 2010 with Water Street Healthcare Partners, a private equity firm,...