US Med-Equip announces acquisition of Freedom Medical
US Med-Equip, a leading provider of rented medical equipment and services, announced its acquisition of Freedom Medical to meet the growing equipment and service needs of hospitals and other healthcare partners throughout the country.
As front-line healthcare professionals continue to battle COVID, disorders related to obesity, and other life-threatening illnesses, hospitals nationwide are gaining on-demand access to the highest quality medical equipment and therapeutic beds to help patients heal.
Houston-headquartered US Med-Equip partners with top hospitals across the nation for the rental, sales, service and asset management of movable medical equipment—diagnostic and clinical devices ranging from infant incubators to ventilators and more. In addition to movable medical equipment and asset management services, Exton-based Freedom Medical is nationally known for providing patient beds and therapeutic support surfaces with WAVE technology designed to help improve patient outcomes.
The acquisition doubles US Med-Equip’s number of locations, increases its workforce by 50% and accelerates its national expansion to provide critical equipment to hospitals when they need it, as patients census fluctuates.
“While hospitals work to ensure they provide the best care possible, our healthcare partners count on patient-ready medical equipment to back up their hospitals’ equipment fleet at a moment’s notice,” US Med-Equip CEO Greg Salario said. “The Freedom Medical team shares our mission to support clinicians helping comfort and heal every patient who entrusts them with their care. As we join forces, we will be in a stronger position to serve our hospital partners like never before possible.”
US Med-Equip invests heavily in its employees, medical equipment fleet and the technology and services to support it. The healthcare company continues its expansion to meet the extraordinary demand from hospitals turning to smarter options to save costs while providing the highest standard of patient care.
Voted a Top Workplace, US Med-Equip serves thousands of hospitals and other healthcare partners across the country from nearly 100 locations, with more on the way. Nine-time Inc. 5000 Fastest Growing Company backed by Freeman Spogli & Co., US Med-Equip is hiring nationwide. Learn more at www.usme.com/careers.
US Med-Equip acquired Freedom Medical from R.A.F. Industries, Inc., a Philadelphia-based long-term focused capital provider.