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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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MTR exhibiting at MHA & NHIA

March 1, 2011 | one comment

Medical Technology Resources (MTR) will be exhibiting in Las Vegas, March 16-17, at the 8th annual MHA Business Summit Conference.  Managed Healthcare Associates, Inc., (MHA) was founded in 1989 and has become the leading purchasing group organization (GPO) for long term care pharmacies.  Please visit our booth to see a demonstration of Zyno Medical’s  Z-800 pole mounted infusion pump, the latest in infusion technology.

MTR will also be exhibiting at the National Home Infusion Association (NHIA) Annual Conference in Orlando from April 4-7.  NHIA’s Mission “is a trade association that represents and advances the interests of organizations that provide infusion and specialized pharmacy products and services to the entire spectrum of home-based patients.”  MTR will be unveiling a new, proprietary product at the conference.  We look forward to seeing you in Orlando.

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Medical Technology Resources awarded renewal for Accreditation

January 25, 2011 | no comments

Medical Technology Resources, LLC, (MTR) is proud to announce that it has been renewed for accreditation by the Accreditation Commission for Health Care (ACHC).

ACHC is a national healthcare organization celebrating its 25 year in facility certifications for health care providers.  The recertification allows MTR to expand its offerings and to continue to provide excellent patient care. 

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MTR Expands to Phoenix, Arizona

January 12, 2011 | no comments

Medical Technology Resources  is proud to announce a physical presence in Phoenix, Arizona in order to better serve our customers in the Southwest.   Please follow MTR’s blog on additional expansions, new product offerings and our soon to be released asset management tracking system.

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Make-A-Wish Walk Raises $75,976

December 8, 2010 | no comments

Medical Technology Resources (MTR) was proud to make a return engagement and participate in the annual Make-A-Wish Walk that occurred at the Columbus Zoo on October 2.  This event raised $75,976 which will enable 12 children with life threatening illnesses to fulfill their Wishes.  MTR’s Team raised $2,500 for a young teenager afflicted with Ewing’s Sarcoma, a soft tissue bone cancer.  Please go to your local chapter of Make-A-Wish and donate to this worthy cause for kids that need Wishes fulfilled. 

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Refurbished Baxter Flo-Gard 6201 Infusion Pump for sale

December 3, 2010 | no comments

Medical Technology Resources has Refurbished Baxter Flo-Gard 6201 pumps for sale at $495.00.  The pumps are patient ready and have passed all biomedical inspections.  Medical Technology Resources has degreed, certified biomedical staffs in three cities and will be expanding to a fourth location soon.  Please contact Medical Technology Resources for your IV Pump needs and for any biomedical repair and service of your IV Pump inventory.

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MTR announces its third location in Charlotte, NC,

August 5, 2010 | no comments

Medical Technology Resources opened its third facility in Charlotte, North Carolina this month.  The new facility allows MTR to better service customers looking to rent, lease, or purchase new or used medical equipment in all healthcare markets in the southeast region. 

 

We work with customers individually to provide creative and customized product solutions for their equipment and disposable needs,” Andy Amicon, President/CEO said.  “We are a leading provider of IV-related products and oncology supplies, including IV pumps and infusion sets. Our mission statement is ‘serving the people who care for the patient’ and we do this by finding the right product for the right price for the right clinical situation.  The new Charlotte facility will allow us to more efficiently execute our mission statement.” 

 

MTR’s expertise with medical equipment has enabled the company to become a market leader in the oncology field. MTR’s full line of IV pumps, sets, and supplies allows them to be an exclusive one-stop shop for all oncology related needs. 

 

“We strive to be the partner and solution to healthcare providers, which enables them to deliver the highest-quality care by acquiring the latest and most cost-effective medical technology,” Amicon said.  “Our mission to serve is reinforced with our new Charlotte facility, and the southeast region will see the benefits of our services in that area.”

 For more information about Medical Technology Resources, please visit www.mtrhealth.com. For medical equipment needs in the Charlotte, NC area, please contact MTR at 888.250.5699.

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MTR begins to distribute AccuRx Elastomeric Ambulatory Infusion Systems

June 30, 2010 | no comments

MTR is proud to announce that we will distribute the AccuRx Elastomeric Ambulatory Infusion System. Similar to other elastomeric devices such as the Iflo eclipse, and Baxter Intermate, the AccuRx is designed to provide accurate and safe infusions in the homecare environment. This flexible product offers a wide variety of rates and volumes for antibiotic and chemo therapies as well as post-operative pain management.  Some key features of the AccuRx are its partial hard shell design, easy to read color-coded flow rate label, and its air-eliminating membrane. It is a lightweight, elastomeric pump that has the strength of a traditional hard shell without the bulk, and provides patients the comfort and convenience that other traditional therapies do not.  The AccuRx is also compatible with many drugs, including daptomycin. To order, please call Medical Technology Resources at 888.250.5699.

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FDA orders Baxter International to recall and destroy faulty hospital pumps

May 7, 2010 | no comments

The Food and Drug Administration has ordered Baxter International Inc. to recall 200,000 of the company’s Colleague brand pumps, escalating its scrutiny of infusion pumps used primarily in hospitals to deliver fluids to patients. The FDA said the Deerfield, Ill.-based drug and device maker must “recall and destroy” all of its Colleague pumps, saying the action was based on “a long-standing failure” of the company to correct serious problems with them. The FDA said infusion pumps, including Baxter’s Colleague, had caused “persistent safety problems.” In the last five years, the FDA has received more than 56,000 reports of adverse events that included serious injuries and more than 500 deaths. The medical product giant said it worked with the FDA to minimize disruption to hospitals using the Colleague pumps. The company will be offering healthcare facilities the opportunity to exchange the pumps without charge.Baxter will offer to exchange its Sigma Spectrum infusion pumps for the Colleague brand.

 

Please contact Medical Technology Resources for your infusion pump needs. 

 

To read full article, visit http://www.latimes.com/business/la-fi-pumps-20100505,0,480392.story

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