Lincare has a history of strategic acquisitions, with its most recently detailed buyout being Specialized Medical Services. This acquisition is part of Lincare's broader strategy to expand its reach and service offerings within the healthcare sector.
Specialized Medical Services: A Key Acquisition
Specialized Medical Services, a distributor of durable medical equipment, was acquired by Lincare in August 2018. This Milwaukee-based company, founded in 1994, became a significant addition to Lincare's portfolio, enhancing its capabilities in providing essential medical equipment.
Key details about Specialized Medical Services include:
- Type of Business: Distributor of durable medical equipment.
- Founding Year: 1994.
- Location: Milwaukee.
- Acquisition Date: August 2018.
This acquisition highlights Lincare's ongoing efforts to strengthen its market position and integrate specialized services that complement its existing operations. While Specialized Medical Services represents a recent significant acquisition, Lincare has completed multiple buyouts over the years to consolidate its presence in the healthcare equipment and services industry.
