May 21, 2013

Wright & Filippis Exits Diabetes Market

Wright & Filippis, a Michigan-based home medical equipment provider, has announced that it will be exiting the diabetes market. The company has entered into an agreement to sell its diabetic supply business to US MED, another home medical equipment provider.


Share This Story

Diabetes Supplies Online

Home / Living with Diabetes / Wright & Filippis Exits Diabetes Market

HME News Staff

ROCHESTER HILLS, Mich. – Wright & Filippis announced today that it has entered into an agreement to divest its diabetic supply business to US MED.

The reason: The company did not receive a contract to provide diabetes supplies as part of a national mail-order program that will go into effect July 1. US MED, along with 17 others, did receive a contract.

“Because of this change, we decided it was an appropriate time to sell our diabetes supply business to US MED,” stated AJ Filippis, president of Wright & Filippis, in a press release.

Due to the divestiture, Wright & Filippis will reduce its workforce by 3% over a 60-day period, according to the release. The company operates 35 locations and employs more than 900.

Wright & Filippis will now focus on its “traditional strengths” of orthotics and prosthetics, Filippis stated. Earlier this year, the company bought a controlling share of Carolina Orthotics & Prosthetics in North Charleston, S.C.

For its part, US MED may not be happy with the results of the mail-order program, but it’s committed to serving Wright & Filippis’ customers “with superior customer service,” stated CEO Zachary Schiffman in the release.

US MED is one of the largest providers of testing strips to Medicare beneficiaries in the nation. In 2011, the company received $25.7 million for strips, behind only Liberty Medical, DEGC Enterprises and Diabetes Care Club, according to data obtained from CMS and featured in the HME Databank.

Latest Media

diabetes

ADS makes ‘strides’ toward improving diabetes management

September 6, 2024

Theresa Flaherty, Managing Editor Updated 9:19 AM CDT, Fri September 6, 2024 CARLSBAD, Calif. – With the growth in Type 2 diabetes and the expansion of coverage for continuous glucose monitors by both Medicare and other payers, Advanced Diabetes Supply’s new StrideForward program can fill a potential gap in care, says CEO Bill Mixon. The…

stridemd

StrideForward: ADS Launches Integrated Care Program for Diabetes Management

August 20, 2024

New program offers integrated team and remote care services supporting diabetes management plans CARLSBAD, CALIFORNIA, UNITED STATES, August 20, 2024 /EINPresswire.com/ — Advanced Diabetes Supply (ADS), a leading national distributor of specialized diabetes supplies is expanding the company’s membership wellness initiatives through a new partnership with StrideMD, a management service organization that specializes in connected care solutions. This…

pharmacies

ADS TAKES ON BURDEN FOR PHARMACIES

July 19, 2024

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….

Read Next:

woman checking glucose monitor

What is Postprandial Blood Sugar?

The term “postprandial blood sugar” describes your blood sugar level after a meal. This is the opposite of ...
An elderly woman with short hair and glasses sits at her laptop reading about how to find a trustworthy diabetes supply company.

Can You Trust Your Diabetic Supply Company? 3 Signs to Look For

You depend on your diabetic supply company to provide you with safe, quality supplies for managing diabetes. How ...
diabetes

ADS makes ‘strides’ toward improving diabetes management

Theresa Flaherty, Managing Editor Updated 9:19 AM CDT, Fri September 6, 2024 CARLSBAD, Calif. – With the growth ...