July 28, 2021
Advanced Diabetes Supply Acquires US Medical Supply
Excerpt: Advanced Diabetes Supply (ADS), a provider of diabetes supplies and continuous glucose monitors (CGMs), has acquired US Medical Supply (US MED).US MED is a Florida-based company that contracts with more than 500 insurance plans covering nearly 200 million lives.
Share This Story
HME News Staff
CARLSBAD, Calif. – Advanced Diabetes Supply has acquired US Medical Supply (US MED), a portfolio company of H.I.G. Capital that provides continuous glucose monitors and medical supplies.
Founded in 1996, the Doral, Fla.-based US MED contracts with more than 500 insurance plans covering nearly 200 million lives. It was acquired by H.I.G in 2015.
“H.I.G. served as a value-added partner to our leadership team and supported the transformation of the business,” said Bill Monast, CEO, US MED. “We look forward to this next phase of growth as we work with ADS while continuing to serve as an integral partner to our patients, payers and suppliers.”
Advanced Diabetes Supply is a portfolio company of Court Square Capital Partners Inc.
The two companies together will leverage their scale, strengths and capabilities to position themselves as a leader in the space.
“We are proud to be bringing together two successful companies who share the mission of delivering outstanding patient care,” said Mark Howard, co-founder and CEO at ADS. “We founded Advanced Diabetes Supply with the goal of setting a new standard for patient care in the diabetes DME space, and US MED shares that same mission and passion.”
Terms of the deal were not disclosed.
The increasing use of CGMs has driven interest in the diabetes market. In 2020, AdaptHealth acquired Solara Medical Supplies and Pinnacle Medical Solutions.
Latest Media
Finding a Trusted DME for Optimal Diabetes Care
Empowering Diabetes Patients by Shirley DeLeon Friday, January 10, 2025 Affecting more than 537 million people worldwide, diabetes is the fastest-growing chronic disease in the world. More than 38 million Americans have the disease, and researchers believe that number will increase by 54% by 2030. The health care landscape is changing to meet the demands…
ADS TAKES ON BURDEN FOR PHARMACIES
Theresa Flaherty, Managing Editor Updated 11:45 AM CDT, Fri July 19, 2024 CARLSBAD, Calif. – Advanced Diabetes Supply recently expanded its Part B services to retail pharmacies to include management of diabetes supplies. The move made sense for ADS, which has already been partnering with pharmacies to offer continuous glucose monitors, says CEO Bill Mixon….
How Advanced Diabetes Supply is Driving Value-Based Health Outcomes
Advanced Diabetes Supply Updated 10:41 AM CDT, Tue April 30, 2024 In today’s healthcare landscape, value-based outcomes are more than a trending topic; they’re a primary goal. And for individuals living with diabetes, value-based outcomes are the key to a healthy life. Diabetes management requires a comprehensive approach that includes medication and lifestyle adjustments as…
Read Next:
Blog, Diabetes
Top Medicare Deductible Questions
Media
Finding a Trusted DME for Optimal Diabetes Care
Blog, Diabetes, Information, Research
Insulin Overdose: Signs, Treatment, and Prevention
AHCA Licensure Numbers: 1313231 and 1314211
For Healthcare Professionals
US MED® is America's primary choice for home delivery of quality medical supplies. Since 1996, over 1 million satisfied members have received disease state education and medical supplies from our highly trained customer service specialists. US MED®, the largest provider of Diabetic Supplies to the Medicare community, is licensed and accredited by Accreditation Commission for Health Care (ACHC) and maintains an A+ rating from the Better Business Bureau. We provide all products necessary to treat the Diabetes disease state, including therapies for its associated comorbidities. Our product portfolio includes, but is not limited to, the following: Diabetic testing strips, Continuous Glucose Monitors or CGMs, Insulin Pumps, Sleep Apnea and CPAP supplies, and Nebulizers.