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Tag: drive


News

In brief: NSM sells to Cinven, Drive closes on $35M in capital

October 4, 2019HME News Staff

NASHVILLE, Tenn. - National Seating & Mobility has agreed to be acquired by Cinven, an international equity firm.Since 2016, NSM has been owned by Court Square Capital Partners. Prior to that, it was owned by Wellspring Capital Management, which bought the company in 2012.“This acquisition aligns with our company's continued trajectory of growth, future business goals and, most importantly, our mission,” said Bill Mixon, NSM CEO. “Our partnership with Court Square these past three...

aahomecare, BetterNight, drive, National Seating & MobilitymH.R. 2771


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Business Development

Pediatrics: Dynamic in its potential—and challenges

August 29, 2018John Andrews

When assessing its potential, the pediatric market always shows promise for providers: It has a base of customers who need services over their lifetimes, reimbursement is not subject to competitive bidding and it also offers retail possibilities. Moreover, technology and clinical knowledge are advancing, making pediatrics a dynamic category for the HME business.“There is a good deal of growth and competition among suppliers in the pediatric market, both domestically and internationally, which...

drive, pediatrics, permobil, quantum rehab, sunrise medical


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Vendors

Drive gets inspired by rehab

October 25, 2016HME News Staff

PORT WASHINGTON, N.Y. - Drive DeVilbiss Healthcare will combine three of its rehab companies into one larger company called Inspired by Drive.Together, the three companies—Columbia Medical, Specialized Orthotic Services and Wenzelite Rehab—have been contributors to the adult and pediatric rehab markets for more than 70 years.Initially, Inspired by Drive will focus on enhancing existing products and creating new products in three pediatric rehab categories: alternative positioning, bathing/toileting...

drive, rehab


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Vendors

CD&R pulls trigger on Drive

August 30, 2016HME News Staff

NEW YORK - Clayton, Dubilier & Rice will make a “significant equity investment” in Drive DeVilbiss Healthcare, the companies announced today.CD&R will make the investment, “alongside existing management,” according to a press release.“We intend to play a constructive role by supporting a very talented management team as it continues to grow the business organically and through acquisitions,” said Richard Schnall, a partner at CD&R.As part of the investment, CD&R...

drive, M&A, private equity


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News

In brief: Drive Medical buys in Europe, The Compliance Team expands service

July 11, 2014HME News Staff

PORT WASHINGTON, N.Y. - Drive Medical has acquired Dupont Medical, a manufacturer and distributor of healthcare products in France. Based in Frouard, Dupont manufactures and distributes everything from wheelchairs to homecare beds to patient lifts. The company also manufactures diagnostic devices, emergency equipment and medical instruments for doctors and other healthcare professionals. The deal will further expand Drive's presence in Europe. In May, the company acquired several product lines from...

drive, FDA, NovaSom, respironics, The Compliance Team


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News

In brief: Lawmakers try to put brakes on bid expansion, contractors warn docs of DME scams

March 21, 2014HME News Staff

WASHINGTON - Reps. Glenn Thompson, R-Pa., and Bruce Braley, D-Iowa, are spearheading a congressional sign-on letter urging CMS Administrator Marilyn Tavenner not to expand competitive bidding until the Office of Inspector General (OIG) has completed its investigation into the program, according to AAHomecare. “It's no secret that policymakers on both sides of the aisle see the controversial national bidding program as an unacceptable burden on the elderly and disabled,” stated Tom Ryan,...

bidding, drive, medline, Ottobock, scams, test strips, U-Sleep, Universal Software


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On the Editor's Desk

Medtrade: Best in show

November 17, 2010Liz Beaulieu, Editor

So I had time to walk the show floor a little bit today and I noticed some of the exhibitors doing some pretty innovative things to catch the attention of attendees. Best new way to advertise: (pictures 1 and 2) Vendors like Remit Data and Infopia cropped up in unsuspecting, but highly visible, places like the stairs and escalators. Best give-away: (picture 3) Drive Medical lured attendees into its booth by raffling off a 2011 Harley Davidson Iron 883 and a Super Bowl XLV package that includes...

aahomecare, aahomecare, aahomecare, bionime, drive, infopia, Medtrade, Medtrade, mk battery, mk battery


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