Joerns Healthcare and RecoverCare complete merger
Summary
Very few companies have the scale and differentiated offering of our combined organization and we believe this will allow us to better serve our customers” said Mark Ludwig, President and Chief Executive Officer of Joerns. Ludwig further stated, “Joerns’ sophisticated manufacturing and distribution capabilities and RecoverCare’s best-in-class rental platform enable us to provide an unmatched suite of products and services nationwide.” Mary Zappone, President and Chief Executive Officer of RecoverCare, added, “We are very excited about the potential of our combined company. Combining our two companies’ business processes and best practices will allow us to drive customer satisfaction and service levels to an even higher standard of excellence. RecoverCare has the industry’s largest service footprint with over 100 centers nationwide, supported by more than 400 delivery vehicles using state-of-the-art equipment tracking systems. The Firm leverages its extensive resources and network of relationships to successfully identify and evaluate investment opportunities and add measurable value to its portfolio companies.