Tag: Drive

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...

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...

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...

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,...

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,...

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...