#Sizewise bariatric equipment update

The Bariatric Sapphire comes with a quilted top cover, which is vapour permeable, low friction, anti-shear and completely machine washable. The system includes an exceptionally quiet control unit. The unit is user-friendly and attaches easily to the footboard of most standard medical bed frames. Digital technology allows the alternation cycle time, the pressure settings and the mode of operation to be changed with the touch of a button. To contact Midmed about Sizewise Bariatric Sapphire Air Mattress use Get A Quote.Combination expands Agiliti’s end-to-end service offering to customers, strengthening capabilities in high-demand specialty equipment servicesĬomplementary product and operational capabilities broaden offering within growing specialty beds, surfaces and mobility equipment marketīuilds on Agiliti’s nationwide footprint and logistics infrastructure, increasing local market presence and creating cross-selling opportunitiesĪll-cash, stock purchase transaction valued at $230 millionĮxpected to generate $5 million annual cost synergies in the first year, growing to $15 million by year three Additional features of the Sizewise Bariatric Sapphire include: “Static” for stationary low air loss therapy “Fowler” to boost seat inflation when the head is elevated “Auto Firm” for rapid inflation and easy patient transfer “Lockout” to maintain caregiver settings without accidental interruptions “Low Pressure” and “Power Failure” audible / visual alarms and “Self-Diagnostic Check” to quickly assess all switches and sensors for proper calibration and operation. MINNEAPOLIS, September 14, 2021-( BUSINESS WIRE)-Agiliti, Inc. (NYSE: AGTI) ('Agiliti' or 'the Company'), an essential service provider to the U.S. healthcare industry, today announced that it has entered into a definitive agreement to acquire Sizewise Rentals, LLC, ('Sizewise'), a manufacturer and distributor of specialty hospital beds, surfaces and patient handling equipment, in a stock purchase transaction valued at $230 million or approximately 7.7x Adjusted EBITDA for the twelve months ended June 30, 2021. Agiliti intends to finance the transaction through a combination of cash and debt. The Boards of Directors of both companies have unanimously approved the agreement. Subject to the satisfaction of customary closing conditions, the transaction is expected to close early in the fourth quarter of 2021.

#Sizewise bariatric equipment update

#SIZEWISE BARIATRIC BED UPDATE#įollowing the close of the transaction, Agiliti will provide an update to its full year 2021 financial guidance at the time it reports quarterly results for the period ending September 30, 2021. Sizewise is a leading manufacturer and provider of specialized bed frames, therapeutic surfaces and mobility equipment serving more than 3,000 customers in the acute and post-acute care markets with products that address the needs of bariatric, geriatric, pediatric and standard patient populations. For the twelve months ended June 30, 2021, the business generated revenues of $155 million and Adjusted EBITDA of $30 million, inclusive of an estimated benefit from COVID-19 of approximately $5 million in Adjusted EBITDA.

Mattress options can be tailor-made for younger patients, from pressure redistribution bassinet pads to air-adjustable number beds that allow even child and adolescent patients to find the right balance between softness and firmness, according to information provided by Sizewise.Sizewise is headquartered in Kansas and operates a 24/7 nationwide network of 65 local, in-market service branches and four manufacturing centers. The company also manufactures top covers that can withstand hospital-grade cleaning for infection control without harming the mattress. Sizewise offers several bed options that address the requirements of diverse patient populations, including cribs, beds with higher weight limits for bariatric patients, beds that are low to the ground for children at risk for falls, and beds that will accommodate parents co-sleeping with their children. For more than eight decades, Agiliti has delivered medical equipment management and service solutions that help healthcare providers reduce costs, increase operating efficiencies and support patient outcomes. Agiliti, a service provider to the healthcare industry, announced that it has completed the acquisition of Sizewise, a manufacturer and distributor of specialty hospital beds, surfaces, and patient handling equipment.Īgiliti serves more than 7,000 national, regional, and local acute care and alternate site providers across the country.