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Windrose Health Investors Invests In Stateserv Medical

Nov 22, 2021•almost 4 years ago

Description

WindRose Health Investors, LLC ("WindRose"), the New York-based healthcare private equity firm, announced that it has completed the recapitalization of StateServ Medical ("StateServ" or the "Company"), the leading provider of durable medical equipment ("DME") benefit management solutions to the post-acute care market in the United States. Through a national network of 2,300 DME provider locations and 34 company-owned direct service locations, StateServ offers the leading technology-enabled DME cost containment solution to over 600 customers in the hospice, PACE, and skilled nursing markets. Terms of the transaction were not disclosed.

Company Information

Company

State Serv Medical

About

Founded in 2004 and based in Tempe, AZ, StateServ is the leading provider of durable medical equipment (DME) benefit management solutions to the post-acute care market. StateServ's technology-enabled platform provides DME cost containment solutions to hospices and other post-acute providers, delivering high quality patient care, tangible cost savings, and operational efficiencies. StateServ's mission is to use technology and optimized processes to help its customers provide the best possible care for patients while giving them the tools they need to drive efficiency. For more information, please visit www.stateserv.com. Media Contacts: For StateServLiz Bradford lbradford@bradfordpr.com(214) 202-8830 For WindRose Jennifer Hurson jhurson@lambert.com (845) 507-0571 SOURCE WindRose Health Investors, LLC