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 of 14 hospitals, 200-plus ambulatory sites and hospice, home health and other facilities spanning 47 counties in the state.
Last fall, MSC announced it had acquired ProMedica Home Medical Equipment in Northwest Ohio and Southeast Michigan.
MSC has 650 employees and 45 locations that support DME-related discharge planning services for 44 partnering hospitals and more than 160,000 patients annually.
In 2023, the M&A market for healthcare companies continues to build on STRATEGIC opportunities in the current market. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
