Search results
Results from the WOW.Com Content Network
The company was established as a division of E.R. Squibb & Sons, Inc. in 1978 [4] and acquired by Nordic Capital and Avista Capital Partners in 2008. [4] In 2008 merged with Unomedical (with headquarters in Denmark), a manufacturer of single-use medical devices, [5] and 180 Medical, a catheter manufacturer, in 2012. [6]
Together, they named their new company after their wives, Donna and Joy. [5] In 1987, the company was acquired by British medical device conglomerate, Smith & Nephew, for $20 million. [5] In 1999, the DonJoy management team arranged a leveraged buyout, changed the name from DonJoy to DJ Orthopedics, and took the company public again in 2001. [5]
The company was originally incorporated in 1982, as Gibson-Robinson, Inc., as a distributor of operating room products. In 1987, the company name was changed to IMS. The company focused on distributing until 1990, when repair services were added. The company now provides a range of services and products related to operating room efficiency.
Durable medical equipment (DME) is a category of medical devices designed to assist individuals with disabilities, injuries, or chronic health conditions. [1] These devices are prescribed by healthcare professionals and intended for repeated use over an extended period.
In 1970, Eugene Corasanti (1930–2015) purchased a small medical supplied distributor in Utica, New York. He originally named the company Concor Enterprises, but later renamed it to Consolidated Medical Equipment, Inc. [8] Its first product was a disposable ECG electrode. [2] Corasanti served as CEO until 2006 and chairman of the board until 2014.
Lincare Holdings Inc. was a publicly traded healthcare company headquartered in Clearwater, Florida. [2] Lincare was leading the respiratory homecare industry by serving approximately 1.8 million patients nationwide Lincare operates from over 700 locations in 49 states across the United States and employs 10,000 people, including 1,300 licensed clinicians.
It is often referred to as "durable" medical equipment (DME) as it is intended to withstand repeated use by non-professionals or the patient, and is appropriate for use in the home. Medical supplies of an expendable nature, such as bandages, rubber gloves and irrigating kits are not considered by Medicare to be DME.
After Express Scripts acquired Medco, they sold Liberty Medical in December 2012 to members of its management team, and it now operates again as an independent company. [3] Liberty Medical's corporate headquarters is located in Port St. Lucie, Florida. As of 2012, the company was one of the city's largest employers, with as many as 2,432 ...