Westborough health services provider acquires Okla. firm
United Medical Systems of Westborough and its parent firm have acquired a privately held lithotripsy company that provides services to kidney patients in Texas and Oklahoma, according to a statement from United.
United, which specializes in transportable medical services, announced the acquisition of Litho of America, which provides services related to the treatment of kidney stones and benign prostatic hyperplasia to more than 40 hospitals and ambulatory surgical centers in the two southwestern states.
The price of the deal was not disclosed. Litho of America is based in Oklahoma City.
United is owned by New State Capital Partners, a private investment firm based in New York City.
The merger made it possible for Litho of America to continue growing with the help of United’s capital and operational capabilities to better serve their urology patients, United said.
“The merger with Litho of America brings together two successful health care organizations with solid management and years of specialized clinical experience in providing mobile medical services while reducing costs for their customers,” United CEO Jorgen Madsen said in the company’s statement. “It allows us to serve more patients, physicians and hospitals.”
WBJ Web Partners
Most Recent
Most Recent
0 Comments