Newly combined group Concordance Healthcare Solutions said today it completed its merger bringing together Kreisers, MMS Medical Supply Company and Seneca Medical.
The new group will operate as a near-national independent distributor serving over 67% of the healthcare systems in the U.S., according to a press release. The healthcare company said it will have approximately 1,000 employees, 20 distribution centers and $1.4 billion in annual sales.
“Today’s finalization of the merger to form Concordance Healthcare Solutions marks a high point in the corporate histories of three great distributors. We are all very proud of this achievement. But as far as high points go, this one will be short lived as our opportunities and potential for success are unlimited. Each day from here on will record another high point. I could not be more excited than to be a part of this combined team we now call Concordance. Great people, great cultures, great work ethics and great opportunities,” Concordance co-prez Roger Ben said in a press release.
Concordance said it will offer products, equipment and supply chain solutions to healthcare systems in the U.S. with divisions focused on nursing homes, hospitals, physician practices, labs, government facilities, specialty products, home care, hospice, healthcare education, emergency medical services and redistribution businesses.
“This transaction is a giant step in the evolution of independent medical distribution. The culmination of this merger marks a significant milestone for our company, creating the premier independent distributor uniquely positioned to cover the entire healthcare continuum,” Concordance co-prez Tom Harris said in a prepared statement.
“Kreisers could not be more proud of what this merger accomplishes for our company. It is a lasting legacy of many years of delivering excellence to our customers. We look forward to continuing that service as Concordance Healthcare Solutions going forward,” senior advisory board member Dave Larson said in prepared remarks.