Tag: Direct Diabetic Source

CORAL SPRINGS, Fla. - Arriva Medical may have finally arrived at the top of the heap in the mail-order market for diabetes supplies.The provider, a contract supplier for Medicare's national mail-order program, has acquired Nashville-based Simplex Healthcare, the parent company of Diabetes Care Club, also a contract supplier.“They've been on a buying binge over the past two years and they are doing a great job of scaling their business,” said Jonathan Sadock, managing partner/CEO of Paragon...

CORAL SPRINGS, Fla. - Arriva Medical, a mail-order diabetes supply company, has purchased Nashville-based Simplex Healthcare, owner of Diabetes Care Club, The Tennessean reports. Terms of the deal have not been released. In early 2012, Arriva purchased a pair of diabetes-supply companies, Sunrise, Fla.-based Direct Diabetic Source and Nashville, Tenn.-based AmMed Direct.

PORT ST. LUCIE, Fla. - It may have come as a shock to many when Liberty Medical in December exited the Medicare fee-for-service diabetes supply business, but there was some behind-the-scenes movement leading up to that decision.In December, a group of Liberty executives bought the company from its parent company, pharmacy benefit giant Express Scripts, which inherited Liberty as part of a $29 billion merger with Medco Health Solutions. From the get-go, Express Scripts made it clear that it had no...

PORT ST. LUCIE, Fla. - Mail-order provider Liberty Medical Supplies is getting out of the fee-for-service diabetes supply business, according to local news reports.Liberty will reportedly sell its Medicare diabetes business to Coral Springs, Fla.-based Arriva Medical. As a result, Liberty will also lay off approximately 250 employees at its location here, and another 200 at its Salem, Va., location, according to multiple reports.The announcements come just days after a group of Liberty Medical...