ActivStyle, a supplier of disposable medical products throughout the US, has acquired Advocate Medical Services (Advocate), a provider of medical supplies to patients suffering from spinal cord injuries, spina bifida, urological incontinence and retention, chronic wounds and ostomies.
ActivStyle claims that Advocate will expands its expertise in the catheter supply market. With the transaction, Advocate will have access to a broader product line and the financial support of a larger parent organization.
Daniel Filippini, president and CEO of ActivStyle, said: “We’re thrilled with the acquisition of Advocate as it will strengthen ActivStyle’s position as a leading supplier of home medical equipment in the reimbursed Medicaid, Medicare and insurance markets. In addition to expanding our presence in the overall urological market segment, Advocate brings a wealth of knowledge about its products, patients, and payer sources.”
Todd Cianfrocca, co-founder of Advocate, said: “We are excited about the growth opportunities with this transaction which ActivStyle affords us.”
Julio Valdivia, co-founder of Advocate, said: “Our ability to accelerate Advocate’s service offering into additional strategic areas is greatly enhanced by the added resources they bring to the table.”
ActivStyle is a supplier of disposable medical products, specializing in incontinence supplies, with a focus on Medicaid and other insurance-reimbursed markets.