US Med-Equip Acquires Freedom Medical

US Med-Equip, a provider of rented medical equipment and services, recently announced its acquisition of Freedom Medical to meet the growing equipment and service needs of hospitals and other health care partners throughout the country.

As front-line healthcare professionals continue to battle COVID, disorders related to obesity and other life-threatening illnesses, hospitals nationwide are gaining on-demand access to the highest quality medical equipment and therapeutic beds to help patients heal, according to a news release.

Houston-headquartered US Med-Equip partners with top hospitals across the nation for the rental, sales, service and asset management of movable medical equipment – diagnostic and clinical devices ranging from infant incubators to ventilators and more. In addition to movable medical equipment and asset management services, Exton-based Freedom Medical is nationally known for providing patient beds and therapeutic support surfaces with WAVE technology designed to help improve patient outcomes.

The release states that the acquisition doubles US Med-Equip’s number of locations, increases its workforce by 50% and accelerates its national expansion to provide critical equipment to hospitals when they need it, as patients census fluctuates.

“While hospitals work to ensure they provide the best care possible, our health care partners count on patient-ready medical equipment to back up their hospitals’ equipment fleet at a moment’s notice,” US Med-Equip CEO Greg Salario said. “The Freedom Medical team shares our mission to support clinicians helping comfort and heal every patient who entrusts them with their care. As we join forces, we will be in a stronger position to serve our hospital partners like never before possible.”

US Med-Equip acquired Freedom Medical from R.A.F. Industries Inc., a Philadelphia-based long-term focused capital provider.