CHICAGO, July 30 /PRNewswire/ — Water Street Healthcare
Partners, a leading private equity firm focused exclusively on
health care, announced today that it has acquired Medical
Specialties Distributors, LLC (MSD). Headquartered in
Stoughton, Massachusetts, MSD is
the nation’s leading provider of infusion products, supplies,
biomedical services and technology solutions to the growing home
infusion therapy market. The acquisition expands Water
Street’s current group of health care companies to 12.
With U.S. demographics shifting toward an older population and
an increasing number of people suffering from chronic conditions,
the Centers for Medicare and Medicaid Services projects that home
health care expenditures will reach more than $90 billion by 2014. As demand for
providing intravenous (IV) therapy to people in their homes
continues to increase, MSD has grown to serve more than 4,000
customers. The company supports a broad base of customers
including specialty pharmacies and home infusion companies, such as
Accredo Health Group, Inc., Coram Specialty Infusion Services and
Walgreens Health Initiatives, Inc., as well as oncology
clinics.
“MSD is uniquely positioned as the only national distributor
that specializes in serving the needs of home infusion providers,”
said Rob Womsley, partner,
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