GMSS Holdings Expands Its Reach with DDP Medical Supply Deal
GMSS Holdings Expands Its Reach with DDP Medical Supply Deal
GMSS Holdings, LLC, the parent company of Geriatric Medical & Surgical Supply, LLC, has announced an exciting acquisition that positions the company for significant growth. By acquiring DDP Medical Supply, a renowned distributor in the medical and diabetic supplies sector, GMSS Holdings strengthens its national distribution capacity, forming a robust medical supply distribution network that caters to chronic, post-acute, and home care providers.
Enhancing Distribution and Service
This strategic acquisition not only boosts GMSS Holdings' footprint but also allows both companies to preserve their unique brands while streamlining operations. Customers will benefit significantly from increased scale, improved distribution infrastructure, and extended service offerings, which are crucial in today's competitive marketplace.
Leadership Comments on the Acquisition
Jeffrey Siegal, CEO of GMSS Holdings, expressed enthusiasm about the acquisition, stating that they are thrilled to onboard Joe DiFabio, Brian O'Neill, and the team from DDP Medical Supply. He highlighted that maintaining both brands enables them to leverage their distribution networks effectively, enhancing customer experience through innovative solutions and technological enhancements.
New Opportunities for Growth
Brian O'Neill, President of DDP Medical Supply, emphasized the synergy created through this partnership, noting that collaboration will enable them to share resources and best practices with Geriatric Medical. This increased distribution capacity will enhance their ability to deliver quality products to customers across the nation, ensuring timely access to the supplies needed for patient care.
Looking Ahead
Joe DiFabio, Founder and CEO of DDP Medical Supply, conveyed his optimism regarding the combined efforts of both companies, stating that the integration of their operations will be seamless. The commitment to quality and shared values among the teams will enhance their service delivery to clients, solidifying their position in the healthcare market.
About Geriatric Medical
Headquartered in Woburn, MA, Geriatric Medical is recognized as one of the largest medical supply distributors in the nation, specializing in long-term care and home care providers. The company offers over 30,000 products to support healthcare providers, ensuring effective distribution, innovative solutions, and robust advocacy for the medical supply industry.
About DDP Medical Supply
Based in St. Petersburg, FL, DDP Medical Supply is a leading distributor of medical and diabetic supplies, focusing on delivering high-quality products to DME providers nationwide. Additionally, DDP supplies pharmaceuticals and a comprehensive range of medical supplies to pharmacies and physician offices. This commitment enables healthcare providers to maintain efficient operations and deliver exceptional patient care.
Frequently Asked Questions
What is the significance of GMSS Holdings acquiring DDP Medical Supply?
The acquisition expands GMSS Holdings' distribution capabilities, enhancing its service offerings in the medical supply sector.
How will this acquisition benefit customers?
Customers will experience improved service through a larger distribution network, timely access to products, and innovative solutions.
What will happen to the brands of GMSS and DDP?
Both Geriatric Medical and DDP Medical Supply will maintain their unique brands while benefiting from shared resources and enhanced infrastructure.
Who is the CEO of GMSS Holdings?
Jeffrey Siegal serves as the CEO of GMSS Holdings, overseeing the strategic direction of the company.
Where are Geriatric Medical and DDP Medical Supply headquartered?
Geriatric Medical is based in Woburn, MA, while DDP Medical Supply operates out of St. Petersburg, FL.
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