Navigation Links
Waste Management Acquires Certain Assets of MedServe From Stericycle
Date:5/6/2010

HOUSTON, May 6 /PRNewswire-FirstCall/ -- WM Healthcare Solutions, Inc., a subsidiary of Waste Management, Inc. (NYSE: WM), today announced that it has purchased from Stericycle, Inc. (Nasdaq: SRCL) certain assets of MedServe, Inc. MedServe provided regulated medical waste management solutions, including on-site sharps management and on-site medical waste treatment, and waste management solutions for hazardous materials including chemical, pharmaceutical and radioactive waste until its acquisition by Stericycle in December 2009.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090219/WMLOGO)

WM Healthcare Solutions purchased MedServe's Newton, KS, autoclave treatment facility and its transfer stations in Kansas City, KS; Oklahoma City, OK; Omaha, NE; and Booneville, MO. The assets were purchased from Stericycle following a consent decree with the U.S. Department of Justice that resolved its antitrust complaint against Stericycle's acquisition of MedServe, Inc. and that enabled the transaction to close.

"The purchase of MedServe's treatment facility and transfer stations will allow us to provide an increased level of service options for our customers in these states," said David Aardsma, senior vice president of sales and marketing for Waste Management. Aardsma added that the new acquisition will allow businesses a wide-ranging selection of waste options that will include disposal of trace chemotherapy, pathological, hazardous, medical, pharmaceutical and sharps waste, as well as the recycling of papers, organics, plastics, glass, light bulbs, batteries and electronic waste.

"With the purchase of certain assets of MedServe in these four states, we bring Waste Management's vast waste and recycling infrastructure and industry expertise to these healthcare customers," Aardsma said. "Our goal is not only to service medical waste disposal needs, but also to help healthcare facilities significantly reduce waste and help manage the economic, operational, social and environmental impacts of those materials post consumption," he said.

About Waste Management and WM Healthcare Solutions

Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company's customers include residential, commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management, visit www.wm.com or www.thinkgreen.com.

WM Healthcare Solutions, Inc. (WMHS) is a subsidiary of Waste Management, Inc. that provides a complete range of sustainable and cost-effective managed waste and environmental solutions specifically designed for the healthcare industry. WMHS aims to be the single source provider of operational and consulting services required to handle the healthcare industry's complex waste streams from compliance, safety, and risk assessment to in-house operational logistics, market assessment, and collection and processing for a variety of waste streams. To learn more information about WM Healthcare Solutions, visit www.healthcare.wm.com.


'/>"/>
SOURCE Waste Management, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Is Poor Medical Equipment Planning Costing your Healthcare Project Wasted Dollars and Delays? ECRI Institute outlines best practices to ensure better outcomes
2. Dont Let Waste and Inefficiencies Cripple Your Quality Function
3. Dont Let Waste and Inefficiencies Cripple Your Quality Function
4. Clinical Trial Effectiveness: How Pharmas & Biotechs Save Cost with Savvy Investigator Management
5. The Heart, Diabetes, And Weight Loss Centers of New York Introduce the New Science of Metabolic Diagnosis and Weight Management
6. BiPar Expands Management Team to Advance Lead PARP Inhibitor Product Candidate Into Phase 2 Trials for Cancer
7. Positive Results for NKTR-118 (oral PEG-naloxol) Presented at American Academy of Pain Management Meeting
8. U.S. Preventive Medicine Acquires Specialty Disease Management
9. Cellectar Expands Clinical Management Team
10. Groundbreaking Study Proves Personalized Diet Based on Genetics Leads to Significant Advances in Long Term Weight Management and Blood Glucose Levels
11. New Study of Concerta(R) Showed Significant Improvement of ADHD Symptom Management in Adults Compared to Placebo
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/3/2016)... CITY, Mo. , May 3, 2016 /PRNewswire/ ... Kansas Medical Center,s Institute for Advancing Medical Innovation ... and commercialize new drugs, diagnostics and medical devices. ... provides BioNovus Innovations with rights to license, develop ... "This partnership represents ...
(Date:5/3/2016)... LAKE OSWEGO, Ore. , May 3, 2016 ... and endovascular medical technology, today announced Food and ... a cardiac resynchronization defibrillator that provides heart failure ... (MRI) scans. Iperia devices also have remote monitoring ... (CLS) that adapts the heart rate in response ...
(Date:5/3/2016)... , May 3, 2016 ... Market Size, Share, Development, Growth and Demand Forecast to ... by Field Strength (High Field, Very High Field, Low ... (Brain, Head and Neck, Spine, Musculoskeletal, Vascular, Breast, Pelvic ... global magnetic resonance imaging (MRI) market was valued at ...
Breaking Medicine Technology:
(Date:5/5/2016)... , ... May 05, 2016 , ... Derrin Doty Group ... families of Bremerton, Port Orchard and communities west of Seattle. The insurance provider’s caring ... year local girl who died suddenly due to complications from the flu, that they ...
(Date:5/5/2016)... ... May 05, 2016 , ... A recent survey by the Midwest ... getting employees to understand and use the free preventive care benefits available to them ... business groups of large, self-insured public and private employers, MBGH found that only 10% ...
(Date:5/5/2016)... ... May 05, 2016 , ... Standard ... veterinary professionals across the United States. The whole food nutrient solutions company can ... and giving dog, cat and horse owners’ peace of mind. With the increased ...
(Date:5/5/2016)... ... May 05, 2016 , ... The 2016 Nike Soccer Camp ... along with his university coaching staff. Together they bring their winning Vandals coaching philosophy ... for youth players ages 5-13, and high school players. Session dates are as follows: ...
(Date:5/5/2016)... ... 05, 2016 , ... Chronic stress can have a silent, yet dangerous, impact ... immune system and increase inflammation, both of which raise the risk of heart attack ... disease program at Harvard-affiliated Massachusetts General Hospital. Chronic stress also can lead to other ...
Breaking Medicine News(10 mins):