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SPS Health completes acquisition of Mideast Delivery Solutions to enhance healthcare delivery

Jul 15, 2024about 1 year ago

Acquiring Company

SPS Health

Acquired Company

Mideast Delivery Solutions

MilwaukeeMasonHealth CareTransportation

Description

SPS Health, a healthcare service provider, has acquired Mideast Delivery Solutions to strengthen its healthcare delivery network and expand its capabilities in medical supply chain logistics. This strategic acquisition aims to improve patient outcomes and enhance the overall healthcare delivery system.

Company Information

Company

SPS Health

Location

Milwaukee, Wisconsin, United States

About

SPS Health is a leading provider of solutions for healthcare providers in the acute and post-acute marketplace. Within SPS Health's comprehensive portfolio of services, StatimRX specializes in healthcare logistics and pharmaceutical delivery solutions. Providing on-demand, backup pharmacy and delivery solutions, StatimRX ensures timely and secure delivery of critical pharmaceuticals and medical supplies to enhance operational efficiency and patient outcomes.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
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Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
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