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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, w
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SOURCE Access MediQuip
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