Navigation Links
RecoverCare and MedaSTAT USA to Merge, Creating Leading Provider of Wound Care and Bariatric Treatment Solutions for Acute and Post-Acute Care Markets
Date:7/13/2009

RADNOR, Pa. and LOUISVILLE, Ky., July 13 /PRNewswire-FirstCall/ -- RecoverCare, LLC, and MedaSTAT USA, LLC, both privately held companies, today announced the signing of definitive agreements under which the two companies will combine in a merger-of-equals transaction led by private equity firm Aurora Capital Group (Los Angeles, CA) in partnership with Mark Bidner, Chairman of Hollywood Capital, Inc. and Moelis Capital Partners. The terms of the transaction were not disclosed.

The combined company will be known as RecoverCare, LLC and led by Mark Bidner as Chief Executive Officer. The senior management teams of each company will remain with the combined company and will retain significant equity. Joining Mr. Bidner are Tom Smith as President and Kevin McKim Chief Operating Officer. The transaction is expected to close by July 31, 2009. MedaSTAT and RecoverCare will continue to operate separately until the completion of the transaction.

Mark Bidner, Chief Executive Officer of the new combined entity, stated, "It is our strong belief that the combination of RecoverCare and MedaSTAT creates an industry leading distributor in the wound-care industry that is well-positioned to provide better solutions and services focused on superior customer performance and improved clinical outcomes for patients. In addition, the combined company will have an expanded network infrastructure and technology to meet the needs of our customers in ways not possible in the past."

Kevin McKim, President of MedaSTAT, added, "MedaSTAT/RecoverCare is a compelling combination that brings together talented people and industry-leading technology. Both teams are equally passionate about providing solutions that enhance and exceed our customers' expectations. We look forward to growing our loyal customer bases by continuing to deliver the advanced technology and enhanced services that make our cus
'/>"/>

SOURCE Aurora Capital Group
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Texas Aviation Services: Over 20 Years of Creating Flying Emergency Rooms for Airborne EMS Customers in US and Latin America
2. New Herbal Water Creating Taste Sensation: Ayalas Herbal Water Has No Calories, No Preservatives and No Artificial Additives. Just All the Natural Benefits of Herbs!
3. Blue Cross and Blue Shield Association Nationally Recognized by BusinessWeek and AARP for Creating a Unique Workplace Environment for New and Mature Employees
4. Creating Effective Cross-Functional Teams for Pharmaceutical Commercialization Success
5. Hormone May Play Key Part in Creating Memories
6. CareTech Solutions Executive to Conduct Presentation on Creating a Healthy Revenue Cycle at AHIMA Convention and Exhibit
7. Creating an Effective Market Research Group to Generate High-Impact Business Results
8. Creating an Effective Market Research Group to Generate High-Impact Business Results
9. VA Creating Advisory Panel on Rural Health
10. U of M Study Provides First Scientific Evidence That the Freedom to Breathe Act is Creating Healthier Workplaces for Hospitality Employees
11. Hill-Rom Holdings, Inc. Announces Completion of Separation of Hillenbrand Industries Creating Two Public Companies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/25/2014)... 25, 2014 Helen Harris’ RP (Retinitis ... Hills, California after an 8 year battle with breast ... Eve evening in her home in Woodland Hills California ... cancer. , As the founder and ... she pioneered and championed many of today's greatest breakthroughs ...
(Date:12/25/2014)... HealthDay Reporter WEDNESDAY, Dec. 24, 2014 (HealthDay ... receive effective, less expensive care from a clinic that functions ... of dedicated health care professionals, a new study shows. ... either hospitalization or a trip to the emergency room when ... the University of Texas in Houston versus usual care, according ...
(Date:12/25/2014)... News) -- Among early stage breast cancer patients who ... one percent will eventually develop leukemia as a result ... finding comes from a review of more than 20,000 ... it suggests that the risk for developing treatment-related leukemia, ... thought. "The frequency of bone marrow cancers such ...
(Date:12/25/2014)... York (PRWEB) December 25, 2014 Thousands ... to move forward in a number of multidistrict litigations ... West Virginia, Bernstein Liebhard LLP reports. According to an ... scheduled to convene a Joint Status Conference in all ... a.m. Parties have been directed to submit a proposed ...
(Date:12/25/2014)... Carolina (PRWEB) December 25, 2014 ... Carolina Retirement Community, recently showed their generous spirit ... of the Catawba County Parenting Network- Grandparents Raising ... 10 children gathered around the largest Christmas tree ... open presents purchased by residents of the Abernethy ...
Breaking Medicine News(10 mins):Health News:RP International founder, Helen Harris Dies on Christmas Eve Just Hours Before Her Holiday Television Broadcast to Raise Funds to Cure Blindness was Broadcasted Nationally 2Health News:RP International founder, Helen Harris Dies on Christmas Eve Just Hours Before Her Holiday Television Broadcast to Raise Funds to Cure Blindness was Broadcasted Nationally 3Health News:RP International founder, Helen Harris Dies on Christmas Eve Just Hours Before Her Holiday Television Broadcast to Raise Funds to Cure Blindness was Broadcasted Nationally 4Health News:Coordinated Care Through 'Medical Home' Best for Chronically Ill Kids: Study 2Health News:Coordinated Care Through 'Medical Home' Best for Chronically Ill Kids: Study 3Health News:Breast Cancer Chemo Tied to Small But Significant Leukemia Risk 2Health News:Breast Cancer Chemo Tied to Small But Significant Leukemia Risk 3Health News:Federal Court Overseeing Thousands of Transvaginal Mesh Lawsuits Set to Convene Joint Status Conference for All Litigations, Bernstein Liebhard LLP Reports 2Health News:Federal Court Overseeing Thousands of Transvaginal Mesh Lawsuits Set to Convene Joint Status Conference for All Litigations, Bernstein Liebhard LLP Reports 3Health News:Federal Court Overseeing Thousands of Transvaginal Mesh Lawsuits Set to Convene Joint Status Conference for All Litigations, Bernstein Liebhard LLP Reports 4Health News:Retirement Community Residents Make Impact During Holiday Season 2
... Cash-Strapped Parents, SACRAMENTO, Calif., Aug. 8 With ... is continuing to offer low-cost,physical exams at its six ... Parents of student-athletes, who are required to have a ... (cash only) during the entire,month of August. It is ...
... transmission and the degree to which people are able to ... hope, have been overlooked in policies to tackle HIV/AIDS. ... (ESRC) argues that hope is a powerful tool in the ... years into the AIDS epidemic a medical vaccine for the ...
... Insurance,Holdings, Inc. (Nasdaq: EIHI ) ("EIHI," ... a definitive agreement to acquire Employers Security,Holding ... valued at,approximately $14.9 million, including the assumption ... subsidiary is Employers Security Insurance,Company, an Indianapolis, ...
... continues support of activities fostering total health in ... ... Kaiser Permanente and Pasadena,Forward, a Pasadena-based nonprofit organization, today ... 2008 Pasadena,Marathon. The inaugural race, calendared for Sunday, November 16, ...
... CITY, Aug. 7 GlaxoSmithKline (NYSE:,GSK) announced ... trials found,that anti-HIV regimens containing EPZICOM (abacavir ... of baseline viral loads.,One of the trials ... with,regimens containing EPZICOM versus regimens containing Truvada(R),(tenofovir ...
... body,s attack on its own healthy tissue , , THURSDAY, Aug. ... for causing autoimmune diseases like lupus or rheumatoid arthritis than ... finding, published in the Aug. 7 online issue of the ... to pursue in finding ways to stop the immune system,s ...
Cached Medicine News:Health News:Sutter Express Care Offers Low-Cost Physicals for Student-Athletes 2Health News:Hope: An overlooked tool in the battle against HIV/AIDS 2Health News:Eastern Insurance Holdings, Inc. Announces Definitive Agreement to Acquire Employers Security Holding Company and Subsidiaries 2Health News:Eastern Insurance Holdings, Inc. Announces Definitive Agreement to Acquire Employers Security Holding Company and Subsidiaries 3Health News:Eastern Insurance Holdings, Inc. Announces Definitive Agreement to Acquire Employers Security Holding Company and Subsidiaries 4Health News:Kaiser Permanente Becomes Presenting Sponsor for Pasadena Marathon 2Health News:Analysis of Six Clinical Trials Finds EPZICOM(R) Effective in Treatment-Naive HIV Patients With Both High and Low Baseline Viral Loads 2Health News:Analysis of Six Clinical Trials Finds EPZICOM(R) Effective in Treatment-Naive HIV Patients With Both High and Low Baseline Viral Loads 3Health News:Analysis of Six Clinical Trials Finds EPZICOM(R) Effective in Treatment-Naive HIV Patients With Both High and Low Baseline Viral Loads 4Health News:Analysis of Six Clinical Trials Finds EPZICOM(R) Effective in Treatment-Naive HIV Patients With Both High and Low Baseline Viral Loads 5Health News:Analysis of Six Clinical Trials Finds EPZICOM(R) Effective in Treatment-Naive HIV Patients With Both High and Low Baseline Viral Loads 6
(Date:12/22/2014)... 2014  CytoSorbents Corporation (OTCQB:CTSOD), a critical care ... technology to help fight deadly inflammation in critically-ill ... today announced the appointment of Dr. Gregory ... Senior Vice President of Clinical Development, effective January ... Russo is an accomplished pediatric cardiothoracic surgeon ...
(Date:12/22/2014)... , Dec. 22, 2014   TRU-D SmartUVC ... UV disinfection robot, announced today that the General Services ... through November 2019.   This newly formed ... all levels of government purchasers, including Department of Veteran ... as Homeland Security contacts purchasing solutions for the Ebola ...
(Date:12/22/2014)... STOCKHOLM , Dec. 22, 2014 ... Pharmaceuticals, Inc. today announced that the Committee for Medicinal ... Agency (EMA) has adopted a positive opinion for the ... of adult men with Peyronie,s disease with a palpable ... at the start of therapy. The use ...
Breaking Medicine Technology:CytoSorbents Appoints Dr. Gregory B. Di Russo as Senior Vice President of Clinical Development 2CytoSorbents Appoints Dr. Gregory B. Di Russo as Senior Vice President of Clinical Development 3CytoSorbents Appoints Dr. Gregory B. Di Russo as Senior Vice President of Clinical Development 4CytoSorbents Appoints Dr. Gregory B. Di Russo as Senior Vice President of Clinical Development 5TRU-D SmartUVC LLC Awarded General Services Administration Contract to Expand Government Customer Base 2Sobi's Xiapex receives positive opinion by CHMP for the treatment of Peyronie's disease 2Sobi's Xiapex receives positive opinion by CHMP for the treatment of Peyronie's disease 3Sobi's Xiapex receives positive opinion by CHMP for the treatment of Peyronie's disease 4Sobi's Xiapex receives positive opinion by CHMP for the treatment of Peyronie's disease 5Sobi's Xiapex receives positive opinion by CHMP for the treatment of Peyronie's disease 6
... agitators offer a wide range of storage ... drawer storage platform to agitate smoothly, eliminating ... down and squeak. Sturdy, one-piece perforated drawers ... circulation for your platelets., ,i.Series platelet agitators ...
Platelet agitator....
Reciprocating shaker specifically for platelet bags....
I-125 competitive RIA kit for the detection of Progesterone....
Medicine Products: