Tag: Comfort Medical
Coloplast deal signals larger trend
December 9, 2016Theresa Flaherty, Managing Editor
MINNEAPOLIS - Coloplast's willingness to pay an eye-popping $160 million for Comfort Medical points to the attractiveness of the disposable medical supplies market, say analysts.“Urologicals and catheters, in particular, check so many lists,” said Brad Smith, managing partner at Vertess, a Tucson, Ariz.-based M&A advisory firm. “It's disposable, it's ordered monthly, it has good reimbursement, and you can drop ship what you need so there's little infrastructure or overhead needed.”Coloplast,...
In brief: Coloplast buys Comfort Medical for $160M, senators introduce bill to preserve access to diabetes supplies
December 2, 2016HME News Staff
MINNEAPOLIS - Coloplast, which has its U.S. headquarters here but is based in Denmark, has entered into a definitive agreement to acquire Coral Springs, Fla.-based Comfort Medical for $160 million in cash, the company announced Nov. 30.
The deal, if completed and approved by authorities, combines a manufacturer of ostomy, urology, continence and wound care supplies with a provider of those supplies.
“The acquisition of Comfort Medical fits very well into our overall consumer ambition...
Coloplast to buy Comfort Medical for $160M
November 30, 2016HME News Staff
MINNEAPOLIS - Coloplast, which has its U.S. headquarters here but is based in Denmark, has entered into a definitive agreement to acquire Coral Springs, Fla.-based Comfort Medical for $160 million in cash, the company announced Nov. 30.
The deal, if completed and approved by authorities, combines a manufacturer of ostomy, urology, continence and wound care supplies with a provider of those supplies.
“The acquisition of Comfort Medical fits very well into our overall consumer ambition...
Comfort Medical expands awareness of 'Woody Packs'
October 4, 2016HME News Staff
CORAL SPRINGS, Fla. - Comfort Medical, a mail-order provider of urological and ostomy supplies, and Wheel:Life, a social community for wheelchair users, have announced a new partnership with The Woody Foundation, a not-for-profit that raises funds for the recovery of those with paralysis. Together, they will work to expand awareness of a free nationwide program that provides “Woody Packs” to quadriplegics and other people with limited hand dexterity due to paralysis. The packs include...
Reporter's notebook: Comfort Conversations creates connection
September 23, 2016Tracy Orzel
As a result of its new partnership with Comfort Medical, Wheel:Life has launched Comfort Conversations, a peer support program.
The blog series, written by Comfort Medical Ambassadors for wheelchair users, tackles a variety of subjects from limited hand dexterity to the perception of beauty in society.
“These conversations are written by wheelchair users who are well-placed in the community to help people explore how they feel about and address issues that they may be struggling with,”...
In brief: Industry stays busy, Margolis passes away
July 29, 2016HME News Staff
WASHINGTON - Although lawmakers are on recess, HME industry stakeholders have been holding strategy sessions on efforts to push through relief in non-bid areas.AAHomecare, VGM and the Council for Quality Respiratory Care, as well as other D.C.-based HME lobbyists met recently with Senate staffers who reaffirmed their commitment to get a delay to the July 1 reimbursement cuts when Congress returns in September, according to a bulletin from AAHomecare.Staffers indicated during the meeting that making...
Comfort Medical, Wheel:Life launch peer support program
July 26, 2016HME News Staff
CORAL SPRINGS, Fla. �- Comfort Medical and Wheel:Life have partnered to introduce Comfort Conversations, a peer support program. Comfort Medical Ambassadors will share thoughts, perspective and advice on a variety of topics including relationships, lifestyle and employment, according to a press release. “We think this engagement will only lead to better service, more opportunities to assist in the marketplace, and a stronger connection with the community we serve,” said Jeff McDaniel,...
Provider, social community share commitment
June 21, 2016Theresa Flaherty, Managing Editor
CORAL SPRINGS, Fla. - Comfort Medical's recent acquisition of Wheel:Life will allow the provider to further its service offerings to its customers.“We feel that it's going to fit nicely with providing further educational resources to our patient base,” said Ryan Flannery, president of Comfort Medical. “We have long differentiated ourselves by having that connection with the community, and support for our customers vs. packing a box and shipping it.”Comfort Medical is a leading...
Comfort Medical buys resource for wheelchair users
April 29, 2016HME News Staff
CORAL SPRINGS, Fla. - Comfort Medical, a subsidiary of Liberty Medical, has acquired Wheel:Life, a digital media publication and social community for wheelchair users. Wheel:Life, which has more than 26,000 followers on social media, served more than 100,000 website visitors in 2015. “We are excited to bring the resources and support of Wheel:Life to our customers, as well as provide the opportunity to Wheel:Life to continue expanding the community it serves,” stated Ryan Flannery,...