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CLEARWATER, Fla. - CCS Medical, a leading direct-to-consumer provider of medical supplies, in June acquired Matria Pharmacy Lab and Supplies, a division of Matria Healthcare.
The $130 million deal transferred Matria's diabetes and respiratory supplies and medications business to CCS Medical, doubling the company's customer base and revenues, according to David Quick, CCS Medical's vice president of sales and marketing. The Matriaownecl subsidiaries included in the transaction are Diabetes Self Care and Diabetes Management Solutions.
"As far as CCS Medical Ls concerned, those guys stepped to the next tier," said Michael Patton, senior director of mergers and acquisitions for Provident Healthcare Partners,...