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MEDICAL SPECIALTIES DISTRIBUTORS ACQUIRES MEDICAL TECHNOLOGY RESOURCES

June 10, 2013 | no comments

STOUGHTON, Mass. – June 07, 2013Medical Specialties Distributors, LLC (“MSD”), the nation’s leading alternate-site infusion therapy solutions provider, announced today that it has acquired Medical Technology Resources, LLC (“MTR”). Headquartered in Columbus, Ohio, MTR specializes in providing infusion pumps and related products, as well as biomedical and billing services to alternate-site health care providers.

“MTR’s unique product offerings and strong presence in the Midwest enhances our leadership position in the growing home infusion and oncology markets,” said James Beck, president and CEO, MSD. “Over the past three years, we have grown our national footprint through partnerships with multi-site health care providers and strategic relationships with leading manufacturers. This acquisition is one more step toward our goal of creating a stronger growth platform for MSD.”

MSD is the leading U.S. provider of infusion products, supplies, biomedical and distribution services, and technology solutions to the home infusion and oncology markets. Since partnering in 2010 with Water Street Healthcare Partners, a strategic private equity firm focused exclusively on health care, the company has grown through organic and strategic initiatives as demand for intravenous (IV) therapy in the home has increased. Today, MSD serves a broad base of 2,500 customers, including the nation’s leading specialty pharmacies, home infusion companies and oncology clinics. It has a nationwide network of ISO certified biomedical equipment service and product distribution centers.

“We are very excited about MTR becoming a part of MSD because it creates a stronger partner for our customers,” said Andy Amicon, CEO, Medical Technology Resources. “Our customers in long-term care and home infusion pharmacies will have access to more products and services, a larger distribution network, and increased biomedical service centers to more efficiently meet their needs.”

Rob Womsley, a partner with Water Street and chairman of MSD, added: “We identified MTR as an ideal acquisition for MSD several years ago. MTR builds on MSD’s core capabilities in product distribution and biomedical services and increases its presence in the Midwest geography. Longer-term, it expands MSD’s unique position as the leading national distributor dedicated to serving the growing numbers of home infusion providers.”

MTR was a privately negotiated transaction. Financial details are not being disclosed.

ABOUT MEDICAL TECHNOLOGY RESOURCES (MTR): Medical Technology Resources is a medical services company specializing in drug-delivery technology and the billing of infusion products to health care providers. MTR has over 40 years of combined experience in the distribution of moveable medical equipment and supplies, and provides prompt, courteous and informed customer service that is accessible 24 hours a day, 7 days a week. MTR can quickly meet your company’s requests anywhere in the contiguous 48 states. For more information call 888-250-5699 or visit www.mtrhealth.com.

ABOUT MEDICAL SPECIALTIES DISTRIBUTORS, LLC: MSD is a primary distributor of med/surg product and biomedical equipment into the alternate-site marketplace. Additional services offered by MSD include formulary development, online ordering, equipment management and tracking, patient direct delivery programs and an accredited ambulatory pump program serving the oncology market. MSD is an authorized distributor for most of the health care industry’s leading group purchasing organizations and is ISO 9001:2000 & ISO 13485:2003 Certified. MSD is a company of Water Street Healthcare Partners. To learn about MSD, visit www.msdonline.com.

Medical Specialties Distributors
Media Contacts:
Simon Smith
Medical Specialties Distributors, LLC (MSD)
(800) 967-6400 ext 6318
ssmith@msdistributors.com

Kelly Zitlow
Water Street Healthcare Partners
(847) 858-5230
Kelly.Zitlow@waterstreet.com

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NEW SOFTWARE IMPROVES OPERATING EFFICIENCES FOR ALTERNATE SITE INFUSION MARKET

April 1, 2013 | no comments

Medical Technology Resources offering new asset management software for alternate site infusion markets.

Columbus, OH, April 1, 2013 — The alternative site infusion market is under tremendous pressure to reduce costs while still maintaining profitability. Companies are looking for new ways to increase efficiency and control expenses without sacrificing patient care. Medical Technology Resources (MTR), a medical equipment specialty distributor and industry leader in the rental and leasing of infusion pumps, has worked with their long-term care and home infusion pharmacy clients to develop MTRack, a new web-based asset management application.

MTRack makes managing rented, owned, or leased equipment inventory easy. The bar code driven technology enables equipment to be scanned in and out quickly and accurately, increasing asset utilization and equipment value by minimizing device idle time. Alternate site pharmacies are also able to reduce their inventory size through more efficient device circulation and increased loss prevention.

MTRack offers a suite of reporting tools, including a biomedical history on all equipment serviced. In addition to providing key business metrics necessary to drive operating and inventory efficiencies, these tools enable pharmacies to confidently meet HIPAA and preventative maintenance compliance requirements.

“MTRack is designed to assist customers with one of the most important aspects of their business, managing their pump fleet and equipment assets. MTRack enables customers to extrapolate data that enhances efficiencies and increases overall asset utilization. MTR’s National sales team is very excited about MTRack and the company has created tremendous momentum in gaining commitments from existing and new customers,” Josh Prati, Sr. VP of Sales and Operations for MTR said.

Jason G., a Service Operations Manager in Tennessee had this to say about MTRack, “I really like what you’ve done with the new system. I’ve used a couple different equipment software management programs that were built into billing / inventory / patient management and they are not geared toward equipment management at all. You are definitely on to something with this new MTRack.”

Spend more time serving your patients and less time searching for equipment – contact MTR for more information about MTRack today.

About Medical Technology Resources
Medical Technology Resources is a medical services company specializing in drug-delivery technology and the billing of infusion products to healthcare providers. MTR has over 40 years of combined experience in the distribution of moveable medical equipment and supplies, and provides prompt, courteous and informed customer service that is accessible 24 hours a day, 7 days a week. MTR can quickly meet your company’s requests anywhere in the contiguous 48 states. For more information on MTRack, or any of the drug-delivery products and services MTR offers, call 888-250-5699 or visit www.mtrhealth.com.

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Abbott Nutrition Discontinues Enteral Tube Feeding Devices

November 6, 2012 | no comments

Abbott Nutrition announced on October 17, 2012, their decision to discontinue the enteral tube feeding device business in the U.S. The discontinuation specifically relates to enteral pumps, disposable sets, tubes, kits and related device accessories.

Medical Technology Resources, LLC (MTR) is an alternative enteral device distributor and has long been a leading, national supplier of enteral devices, infusion pumps and IV products. MTR has an adequate supply of devices to meet the enteral pump needs of the current market. Please contact us at 800.250.5699 or info@mtrhealth.com if you are interested in speaking with a MTR representative.

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Teen’s death shows how flu can bring about fatal results quickly

October 19, 2012 | no comments

Austin Booth was a healthy, vibrant 17 year old teenager that played on his high school varsity basketball team near Grand Junction, Colorado. On the day of a basketball game on January 11, 2011, Austin did not feel well, but well enough to play in a high school basketball game that evening. He made it to school the next day after his game. When he started coughing up blood the day after the basketball game, he was rushed from school to the emergency room. Austin who had been perfectly healthy had succumbed to something as innocuous as the flu 6 days later on January 17, 2011.

According to the Centers for Disease Control (CDC), Austin’s case in not atypical. Particularly noteworthy, 43 percent of those American children who died from the flu were found to be healthy, the CDC researchers discovered. While conditions such as cerebral palsy and asthma can make the flu especially dangerous for children, there’s not a way to accurately predict which children will become seriously ill or even die from the seasonal flu the CDC warns. Paradoxically, a study recently released by the Centers for Disease Control and Prevention concluded that healthier kids died faster, an average of four days, versus seven days for kids who were afflicted with high risk conditions.

Like most American kids his age, Austin had not been vaccinated against the flu. Given how unpredictable influenza can be and how quickly it can kill, the CDC recommends that vaccination is the best protection for kids and adults alike.

Families Fighting Flu (www.familiesfighting flu.org) helps educate and encourage people to be vaccinated, and also features Austin’s picture and those of other children like Austin who have suddenly passed due to the complications of flu.

Flu kills betwwen 3,000 and 49,000 Americans a year. Only 51.5 of children aged 6 months to 17 years received a flu vaccination in 2011. Under 75 per cent of babies up to the age of 2 were vaccinated. One third in Austin’s age group of 13-17 got vaccinated.

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MTR Health Continues To Pay It Forward Philanthropically

June 1, 2012 | no comments

One of MTR Health’s core values is “To Pay It Forward Philanthropically.” Over the past year, MTR has participated and contributed to the following worthy causes: A Kid Again (www.akidagain.org), Godman Guild (www.godmanguild.org), Make-A-Wish Foundation (www.wish.org), Central Ohio Alzheimers Association (www.alz.org),  The Ohio State University Comprehensive Cancer Center (www.osu.edu), Big Brother-Big Sister (www.bbbs.org), Autism Speaks (www.autismspeaks.com), Ohio Cancer Center-The Zangmeister Center (www.zangcenter.com) , The Kobacker House-Ohio Hospice Center(www.ohiohealth.com/kobackerhouse), Race For The Cure (www.komen.org), and The Pelotonia (www.pelotonia.org).  In addition to these important causes, MTR has provided clothes, furniture and food to those less fortunate.

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