Tag: StateServ

NEW YORK – WindRose Health Investors, a New York-based private equity firm, has completed the recapitalization of StateServ Medical, a provider of DME benefit management solutions to the post-acute care market. WindRose partnered with StateServ’s executive team to recapitalize the business and to provide additional capital to support future growth, accelerating the next phase of the company’s expansion. "We are excited to partner with WindRose as StateServ enters its next phase...

TEMPE, Ariz., and BIRMINGHAM, Ala. - StateServ Holdings and Hospicelink have combined to become the leader for DME benefit management solutions in the hospice and post-acute care markets, the two companies say. Together, StateServ and Hospicelink operate a national network of more than 1,300 DME provider locations and 21 company owned distribution centers that serve more than 100,000 patients daily. “This marks the beginning of a long-term strategy to expand our leadership in the core hospice...

TEMPE, Ariz. - StateServ Holdings, a DME provider to hospices and other post-acute care service providers, has received an equity investment from an affiliate of Blue Wolf Capital Partners. The investment will allow StateServ to improve and expand its proprietary software solution, DMETrack, which provides workflow automation, real-time reporting and analytics to optimize the operational, clinical and financial performance of its customers. The company also plans to use the investment to add DME...