Allied Healthcare launches strategic initiative

ST. LOUIS – Allied Healthcare Products, Inc., a manufacturer of medical gas construction equipment, respiratory therapy equipment, home healthcare products and emergency medical supplies, will implement strategic transformation initiatives intended to improve operational effectiveness to better serve customers and help drive growth and profitability.  

As part of the plan, the company’s board of direction appointed Akash Amin as president and chief restructuring office and Mark Welch as vice president and assistant chief restructuring officer. Akash and Mark, both of MorrisAnderson & Associates, Ltd., a financial and operational consulting firm, have served as AHP's outside advisers for five months.  

“Akash and Mark are proven leaders with distinguished track records of leading companies through organizational change and executing strategies to enhance operational effectiveness and create additional value for all stakeholders,” said John Weil, AHP's chairman of the board. "Over the past several months in advisory roles, they have executed many initiatives to strengthen operations, improve cash flow, increase shipping efficiencies, and transform AHP into a more focused, growth-driven, sustainable business. We are confident that under their leadership, we can continue to advance those successes and realize the substantial opportunities for the future of AHP." 

AHP has a successful 60+ year history of manufacturing FDA-approved respiratory medical devices and immobilization products used in medical facilities and emergency care vehicles worldwide. However, during the COVID-19 pandemic, the company endured supply chain disruptions, a ransomware attack, an oversupply of ventilators in the market, and operational inefficiencies.