Navigation Links
Access MediQuip Appoints Former Priority Healthcare CEO to Chairman of the Board
Date:1/12/2009

Health Care Company Also Appoints Industry Veteran Steve Shulman to Board

HOUSTON, Jan. 12 /PRNewswire/ -- Access MediQuip, LLC, the nation's first and largest provider of outsourced medical implantable device management solutions to the health care industry, announced today that its board of directors has appointed board member Steve Cosler to chairman. The company announced the appointment following its second consecutive year of revenue growth exceeding 40 percent.

Mr. Cosler, 53, is the former president and CEO of Priority Healthcare Corporation, a specialty pharmacy company acquired by Express Scripts in 2005. He currently serves as an operating partner with Water Street Healthcare Partners, a leading private equity firm focused exclusively on the health care industry and a majority investor in Access MediQuip. Since partnering with Water Street, Access MediQuip has expanded its services to health care facilities, device manufacturers and payers throughout the United States to double its sales over the past three years.

"Steve has been a key contributor to Access MediQuip's tremendous growth," said Jim Connelly, the former chairman of Access MediQuip and a partner with Water Street. "His expertise in specialty health care services has helped Access MediQuip successfully expand its business to help manufacturers, payers and providers effectively manage implantable medical devices and ultimately benefit the patients who need them. Steve will continue to work closely with the management team to shape the company's strategic direction and identify new ways to drive greater value for customers in the future."

Access MediQuip also announced that Steve Shulman, the chairman and former CEO of Magellan Health Services, Inc. (NASDAQ: MGLN), a leading specialty health care management organization, will join its board of directors. A 30-year industry veteran, Mr. Shulman, 56, has held leadership positions with the nation's largest managed care plans including Prudential Healthcare, CIGNA and Kaiser Permanente. He also founded and served as chairman and CEO of Internet Healthcare Group (IHCG), and co-founded Value Health, Inc, which was later bought by Columbia/HCA.

"Steve Shulman is another strong addition to the impressive team of executives who serve on our board," said Connelly. "His years of experience, both as a health plan executive and as a provider of health services, will be extremely beneficial to Access MediQuip as the company continues to build on its leadership position in the medical device industry."

Founded in 1997, Access MediQuip specializes in insurance authorization, inventory management, equipment procurement and claims processing for medical implantable devices such as orthopedic and spinal implants. The company's services minimize the financial risk associated with implantable device costs and help increase their accessibility to patients. Over the past 10 years, Access MediQuip has built the largest database of claims information for implantable medical devices to provide device manufacturers, providers and payers with the first available data on implantable device costs and utilization rates across the country.

About Access MediQuip

Access MediQuip is the nation's first and largest provider of outsourced implantable device management solutions. The company works with thousands of manufacturers, payors and providers to manage the acquisition, financing, delivery and reimbursement of implantable devices such as orthopedic and spinal implants, and implantable drug pumps. Founded in 1997, the company is headquartered in Houston and employs approximately 150 associates. For more information, please visit www.accessmediquip.com.

About Water Street Healthcare Partners

Water Street Healthcare Partners is a leading private equity firm focused exclusively on health care. With more than $1 billion of capital under management, Water Street is one of the most active investors in the health care industry. The firm has a strong track record of building market-leadership companies across key growth sectors in health care. It has partnered with some of the world's leading health care companies on its investments including: Johnson & Johnson, Medtronic and Smith & Nephew. Water Street's team is comprised of industry executives and private equity professionals with decades of experience investing in and operating global health care businesses. The firm is headquartered in Chicago. For more information about Water Street, visit www.wshp.com.


'/>"/>
SOURCE Access MediQuip
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. George Will Column Misguided in Touting Competitive Bidding as a Medicare Solution; Controversial Bidding Program is Actually Anti-Competitive and Lowers Quality of Care and Access to Care for Seniors and Disabled
2. Specialists On Call Expands Access to Emergency Neurology On-Call Services in North Carolina
3. Specialists On Call Expands Access to Emergency Neurology On-Call Services in Georgia
4. Specialists On Call Accelerating Access to Emergency Neurology On-Call Services in Florida
5. Specialists On Call Expands Access to Emergency Neurology On-Call Services in California
6. VA Data Show Home Health Technology Improves Access to Care
7. SEIU Janitors and Responsible Corporate Leaders Herald New Model for Making Health Care More Accessible and More Affordable
8. WellPoint Announces Collaborative Partnership to Expand Access to Health Care Provider Information
9. Sanofi-aventis U.S. Announces Increased Access to Drugs for Low Income Patients Through Expanded PAP Programs
10. Access MediQuip and WellPoint Finalize First National Contract for Implantable Medical Devices
11. Sanofi-aventis Partners with the African American Community in Baltimore to Increase Health Awareness, Access to Resources and Help Improve Patient Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/5/2016)... ... December 05, 2016 , ... ... the 21st Annual International Congress on Hematologic Malignancies®: Focus on Leukemias, Lymphomas, and ... Talamo said, “We are honored to have Amy E. Herman present at this ...
(Date:12/5/2016)... ... December 05, 2016 , ... Dr. Barry M. Weintraub, one of New ... recently participated in the 36th Annual Cutting Edge Aesthetic Symposium at the Waldorf Astoria ... getting that perfect, yet natural-looking, nose. Dr. Weintraub, who is world-renowned for his expertise ...
(Date:12/5/2016)... MALVERN, PA (PRWEB) , ... ... ... Management ("CSM"), a Great Point Partners ("GPP") portfolio company, today announced it ... Clinical Supplies ("TCS"). TCS was previously a subsidiary of Chiltern International ...
(Date:12/5/2016)... ... ... Shah MD, MBA has joined the Retina Group of New York (RGONY) specializing ... M. Maisel, MD and has been providing tertiary medical and surgical retinal care on Long ... expectations amongst her peers. Growing up in a family of doctors, Dr. Shah emulated ...
(Date:12/5/2016)... ... December 05, 2016 , ... ... the 2016 Anti-Aging & Beauty Awards at The Aesthetic & Anti-aging Medicine ... Medicine European Congress (AMEC) brings together the industry’s leading scientific experts, speakers, ...
Breaking Medicine News(10 mins):
(Date:12/5/2016)... PUNE, India , December 5, 2016 ... Market by Product Type and by Application - Global Opportunity Analysis and Industry ... in 2015, and is expected to reach $5,255 million by 2022, growing at ... market in 2015 with more than four-fifths share. ... ...
(Date:12/5/2016)... Dec. 5, 2016  Wellbridge Health and Gateway Health proudly ... solutions to Medicare and Medicaid plan members with specific high ... the unique needs of this group of consumers, Wellbridge combines ... philosophies to provide insight into members, daily behaviors and lifestyle. ... , , ...
(Date:12/5/2016)... For the third consecutive year, Astellas has ... Rights Campaign Foundation,s (HRC) annual Corporate Equality ... tool used to rate companies on policies and practices ... For the last 15 years, HRC has ... equality efforts, culture and business practices. The survey rates ...
Breaking Medicine Technology: