CARLSBAD, Calif. – Advanced Diabetes Supply has never been in a stronger position for growth, company officials say, and with new CEO Bill Mixon at the helm, they’re confident about its future. Leading ADS, a national distributor of specialty diabetes supplies, seems like a sharp divergence from Mixon’s previous role leading National Seating & Mobility, a provider…Read More
CARLSBAD, Calif. – Advanced Diabetes Supply has appointed Bill Mixon, who previously led National Seating & Mobility, as its CEO. The announcement follows the transition of the company’s co-founders and co-CEOs, Mark Howard and Tim Cady, to strategic advisory roles as members of the board of directors. “Bill has provided valuable insight and support to…Read More
Advanced Diabetes Supply (ADS) has acquired US Medical Supply (US MED) in a deal that will increase ADS’s visibility in the eastern United States and give it a large platform on which to grow. ADS and US MED are complementary businesses, with ADS focusing on insulin pumps and continuous glucose monitors and US MED having a strong digital marketing presence and a direct-to-consumer model. The acquisition is ADS’s first major deal since it was acquired by Court Square Capitol Partners in late 2020.Read More
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.Read More
H.I.G. Capital, a private equity firm, announced today that it has sold its portfolio company, US Medical Supply, to Advanced Diabetes Supply. US Medical Supply is a direct-to-consumer specialty distributor of Continuous Glucose Monitors (CGMs) and medical supplies. The terms of the transaction were not disclosed. H.I.G. Capital acquired US Medical Supply in 2017 and helped the company grow its business through strategic investments and acquisitions. The sale of US Medical Supply to Advanced Diabetes Supply is a sign of the growing demand for diabetes supplies in the United States.Read More
U.S. MED, a provider of home medical equipment and services, has grown its business by focusing on customer needs and market dynamics. The company’s chief compliance operator, Mary Ellen Conway, says that “skill, not luck,” has been the key to their success. She attributes their growth to a deep understanding of stakeholder needs, market dynamics, and company core competencies. Conway says that U.S. MED is committed to providing high-quality products and services that meet the needs of their customers.Read More
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. The sale is expected to close in the third quarter of 2023. The move is part of Wright & Filippis’s strategic plan to focus on its core business of providing home medical equipment and services to patients with chronic diseases.Read More
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