American Medical Technologies (“AMT”) has been acquired by One Equity Partners (“OEP”) and The Silverfern Group (“Silverfern”). OEP is a middle market private equity firm with a focus on the industrial, healthcare, and technology sectors in North America and Europe. Silverfern is a global middle-market investment management firm.
AMT is the leading independent provider of wound care programs for Long Term Care facilities in the United States. These programs include bedside clinical education, advanced dressings and enabling technologies, designed to facilitate positive clinical and risk management outcomes. AMT has been providing these high-quality programs since 1994 and currently services residents in over 6,250 facilities nationwide and more than 250,000 patients annually.
“Our Skilled Nursing Home customers, along with the rest of the Long-Term Care industry, are navigating through challenging times brought on by the COVID-19 pandemic. This acquisition will secure our ability to serve our customers and afford us the opportunity to create more value for them through innovation,” said Sam Muppalla, CEO of AMT.
“We are focused on helping our customers respond to increasing patient acuity levels, staffing pressures and changes required to support PDPM,” said Sarah Holden-Mount, SVP of Sales and Clinical Delivery. “We are deepening our collaboration with practitioners and suppliers to adapt to the new reality.”
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“Forty percent of Medicare beneficiaries have chosen to be involved in a Medicare Advantage plan. To support this choice, we have built extensive collaborations with the managed care organizations,” said Julie Rhodovi, SVP of Channels, AMT. “We look forward to expanding these collaborations to address continuity of wound care across settings and enabling new value-based reimbursement models.”