Universal Hospital Services completes acquisition of the Emergent Group
Universal Hospital Services, a provider of medical equipment management and service solutions, has completed its acquisition of the Emergent Group and its wholly owned subsidiary, PRI Medical Technologies, a provider of mobile medical lasers and surgical equipment.
The successful completion of UHS’ tender offer to purchase the outstanding shares of common stock of the Emergent Group expired on March 30.
[See related story: Emergent to be acquired by Universal Hospital Services]
“The acquisition of PRI Medical marks a significant step for UHS to expand our healthcare solutions that help customers reduce costs, increase efficiencies and drive better outcomes,” said Gary Blackford, chairperson and CEO of the UHS. “PRI Medical’s state-of-the-art laser technology and established commitment to world-class customer service provide a great opportunity to begin to grow and expand these services nationally to meet the growing needs of our customers.”
PRI Medical currently operates in 16 states and provides surgical equipment and laser technology to hospitals, outpatient surgery centers and physicians' offices. The equipment is supplied with specialized technicians who support its proper operation and maintenance.
