Atlanta based company keeps expanding in the $53 billion home health and hospice market.
June 1st, 2017 — Atlanta, GA — ASP Global an industry leader in global sourcing of hospital medical supplies, has acquired Crossville, TN based Professional Healing Solutions, a leading Durable Medical Equipment (DME) company. Professional Healing Solutions fulfills prescriptions for disposable advanced wound care dressings direct to patient’s homes.
“Adding Professional Healing Solutions to the ASP Global family of companies expands our distribution to ‘the last mile’ – the patient. It advances our mission of supporting the full continuum of care: hospitals, IDNs, home health, hospice and group practices,” said Lorne Tritt, CEO of ASP Global.
“We’re excited to join the ASP Global family. It will allow us to expand our reach and our services.” said Pennie Wicks-Pelfrey, CEO and founder. “We started Professional Healing Solutions more than 10 years ago based on our experience as nurses. Wound care is a recurring part of life for many chronic patients and we’ve worked hard to make the process of delivering the wound care dressing our clients need easy as possible.” says co-founder and COO Jannetta Miller-Barger.
According to the Congressional Budget Office, Medicare hospice and home health reimbursement is expected to reach $53 billion in 2020, a more than 60 percent increase over 2011 levels. Pennie Wicks-Pelfrey and Jannetta Miller-Barger will be staying on to run Professional Healing Solutions within ASP Global.
About ASP Global:
Based in Atlanta, ASP Global is a leading global sourcing wholesaler of hospital medical supplies. ASP Global provides global sourcing strategies and implementation for large hospitals and IDNs. Long-standing relationships with 150+ factories enable ASP Global to deliver high quality medical products at factory pricing directly to clients saving them millions of dollars per year.
ASP Global is also the parent company of InHome Medical Solutions, Tiger Medical Group and SmartScoot, a manufacturer and distributor of lightweight personal mobility scooters.