RestorixHealth and Accurate Healthcare Announce Strategic Arrangement
29 April 2024 - 4:00PM
Business Wire
RestorixHealth, the nation’s leading wound care solutions
company, and Accurate Healthcare (Accurate), a national provider of
Part B billing services and durable medical equipment (DME), are
pleased to announce they have entered into an arrangement to form
an industry-leading service provider of products, equipment and
supplies to the skilled nursing industry.
The arrangement will expand Accurate’s Part B billing and
management services which, when combined with its current offerings
of specialized DME and respiratory equipment, will position
Accurate as a scaled, complete one-stop shop for the skilled
nursing facility community. As a result of the arrangement,
RestorixHealth will no longer provide Part B product supplies to
residents in skilled nursing facilities, following a customary
transition period.
“The opportunity to join services with a proven leader in Part B
billing and wound care supplies and education is advantageous for
our post-acute business,” stated Accurate Healthcare President,
James Hobbs. "The combined strength of RestorixHealth's field sales
and service teams with Accurate's broad service and product
offerings will enable accelerated growth and better position the
combined company to deliver more value for our customers."
Under the arrangement, Accurate will also offer continued
employment opportunities to key RestorixHealth employees focused on
this market and purchase certain assets.
“This is a great arrangement for all parties. This union of
services allows our skilled nursing facility customers to continue
to receive the excellent service they are accustomed to but
enhanced by Accurate’s expanded and integrated offerings,” stated
Todd Newton, Chief Executive Officer of RestorixHealth. “And for
RestorixHealth, under this arrangement, we will benefit from the
instantly renewed focus on our core business, where we have
tremendous growth opportunities.”
About RestorixHealth
Committed to excellence in wound care, RestorixHealth is the
wound care solutions company providing programs, services and
education across the care continuum. From developing and operating
wound centers in partnership with hospitals, through supporting
post-acute care facilities with traveling wound care providers, to
providing in-home wound care, RestorixHealth’s solutions increase
access to care, reduce hospital admissions, lower direct care
costs, and most importantly, improve outcomes and patient
satisfaction. For more information, visit
www.RestorixHealth.com.
Accurate Healthcare
Accurate Healthcare strives to be the leading healthcare
provider for Part B Billing services, Durable Medical Equipment and
Respiratory Equipment & Supplies, providing a wide variety of
the highest-quality medical supplies and equipment and exceptional
service, focusing on long-term-care facilities and hospice. For
more information, visit www.AccurateHealthcare.com.
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Leah Paternostro Marketing & Communications Specialist (985)
445-5512
Amy Hobbs Marketing & Communications (615) 874-0011