Tag: Trace Medical

WHITMORE LAKE, Mich. – Trace Medical has signed a long-term distribution agreement with Outset Medical to rent the Tablo Hemodialysis System to HME providers to meet the growing demand of dialysis patients seeking treatment at home. “We are excited to work with Outset to fill an obvious need in dialysis treatment,” said Greg Apostolou, CEO. “Our chairman was recently diagnosed with renal disease and experienced first-hand the treatment gaps for patients. Together, we see an...

WHITMORE LAKE, Mich. – Trace Medical now has both feet firmly in the biomedical services space, it has officially launched its myTrace asset tracking program and its ventilator rental business is “growing like crazy,” says Elliot Campbell.  Trace Medical began offering biomed services earlier this year with its acquisitions of Medequip Service Solutions in Arkansas and Bio-One in Michigan.  “This is our full speed ahead in the biomed space,” said...

CLEVELAND – Medical Service Company has acquired OhioHealth Home Medical Equipment in Central Ohio.  “Through its three community locations and several in-hospital offices and liaisons, OhioHealth HME supports lightning-fast discharges for the OhioHealth hospital network,” MSC stated in a press release.  MSC has also entered a long-term partnership with the OhioHealth health system, which comprises a family of 35,000 associates, physicians and volunteers, and a network...

WHITMORE LAKE, Mich. – Trace Medical has acquired Bio-One, a factory authorized biomedical services company also based in Michigan.  “Bio-One has been an essential partner to Trace over several years of exponential growth,” said Greg Apostolou,” CEO of Trace Medical. “The integration of Bio-One will create a seamless internal service and maintenance process, and more importantly, will provide a compelling service solution to the provider community.”  Bio-One...

WHITMORE LAKE, Mich. – Trace Medical has executed an exclusive program agreement with VGM & Associates to provide its membership of 3,000 providers with advanced respiratory rentals and biomedical services.  “VGM and Trace have worked seamlessly together since 2018 in our collective support of the home medical equipment market,” said Elliot Campbell, chief commercial officer of Trace Medical. “Continued alignment with VGM helps ensure our expanding value...

WHITEMORE LAKE, Mich. – Trace Medical is on the precipice of a large expansion of its business, preparing to add biomedical services for a number of respiratory products to its offerings.  The company, whose core competency is renting ventilators, has a goal of acquiring 15 repair service centers in the next 12 to 18 months, says Elliot Campbell, executive vice president and chief commercial officer.  “We have a full pipeline; we’ve begun to vet potential targets,”...

WHITMORE LAKE, Mich. – Trace Medical has appointed Dallas Johnson as chief technology officer. Johnson, who has extensive experience building scalable technology platforms, will be responsible for the continued development and integration of multiple platforms as the company continues its growth initiatives. “We are fortunate to have Dallas join the Trace team as we execute growth initiatives over the next five years,” said Greg Apostolou, CEO. “Technology is paramount to...

WHITMORE LAKE, Mich. - Trace Medical's provider customers now have access to SunMED Medical Solutions' contracts with hundreds of managed care and other payers for non-invasive and invasive ventilators.Per an agreement, SunMED Medical subcontracts with Trace Medical, and Trace Medical, in turn, subcontracts with their provider customers, says Elliot Campbell senior vice president at Trace Medical.“The process is simple,” he said. “If you're one of our provider customers and you...

WHITMORE LAKE, Mich. - Trace Medical and SunMED Medical Solutions have executed an exclusive long-term Network Administration Agreement to provide vent rentals to SunMED's Managed Care Organization Network, workers compensation and Medicaid customer base of more than 500 providers. “The partnership allows Trace to provide significant opportunity to our current customer base, while further distinguishing us from our competitors,” said Elliot Campbell, senior vice president of Trace Medical....

KNOXVILLE, Tenn. - Trace Medical now rents ventilators to HME providers across the country.Previously, the company, which carries vents from all the major manufacturers, including the Trilogy from Philips and the Astral from ResMed, only served providers east of the Mississippi.“With reimbursement and cash management difficulties, more and more providers are seeing that renting makes sense,” said Elliot Campbell, senior vice president. “It allows them to have the financial flexibility...