H.I.G. Capital Announces the Sale of US MED
Summary
The Company meaningfully expanded its payor base, becoming a trusted partner of choice to managed care and government entities covering nearly 200 million lives. Mark Howard, Co-Founder and CEO at Advanced Diabetes Supply, commented, “We are proud to be bringing together two successful companies who share the mission of delivering outstanding patient care. Together, ADS and US MED will benefit from having broader in-network payor coverage, bicoastal presence, more warehouse locations, complementary partner relationships, streamlined workflows and systems, and the ability to learn from each other’s strengths. Founded in 1996, US MED has served over 1 million patients through the home delivery of CGM and other medical devices and supplies for chronic diseases, including diabetes, sleep apnea, and urinary incontinence. Our focus on leading the industry with innovation, knowledge, and unparalleled commitment to exceeding service standards highlights Advanced Diabetes Supplys dedication to customer outcomes.