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Aug 15, 2016 2:36 EST

Davis Medical Holdings, Inc – A sole-source minority black owned business provider and private-label manufacturing and distributor of disposable medical supplies

iCrowdNewswire - Aug 15, 2016

Davis Medical Holdings, Inc Logo

Davis Medical Holdings, Inc

Atlanta, GA 30326, US
Medical Devices & Equipment
www.davismedicalholdings.com

Davis Medical Holdings (DMH) is a sole-source minority black owend business provider and private-label manufacturing and distributor of disposable medical supplies, hygiene tissues , plastics bags, pharmaceutical and consumable medical and textiles, skin-care products, and therapeutic bedding products to hospitals, independent physician associations, group purchasing organizations (GPO) accountable care organizations (ACO), integrated delivery network IDN), large retail outlets, and federal agencies( through minority set-side sole source programs.

30 % of patients and corresponding revenues are obtained through minorities in the healthcare field. Less than one tenth of one percent (0.1%) is spent with minority owned firms-including manufacturing and distribution . Federal mandates require hospitals, managed care providers that receive federal funding, to direct up to 30% of their purchases to certified minority owned companies. Currently, less than 1% of all purchases are directed to “certified” minority owned businesses due to deficiencies in providing a total purchasing solution. Healthcare organizations receiving grants or bond support are federally required by law to demonstrate what they are allocating a percentage of their purchases to minority business enterprises (MBEs). Hospitals that receive federal dollars are mandated to do business with diverse suppliers per title 13, volume 1, part 143

Federal, state, and local contracts represent huge opportunities for the company.Many public sector entities have sole source and set-side programs in the healthcare market. As the nation’s only minority private label company offering disposable medical products, DMH will experience a significant boom in: GPOs, ACOs, Urgent Care Centers, INDs, Long Term Care Centers, Health and Human Services, DOD, VA etc. representing enormous growth opportunities for the firm.

Products / Services

Disposable Medical Products

Federal mandates require hospitals, managed care providers that receive federal funding, to direct up to 30% of their purchases to certified minority owned companies. Currently, less than 1% of all purchases are directed to “certified” minority owned businesses due to deficiencies in providing a total purchasing solution.

(DMH) has assembled all of the required components to deliver high quality products at competitive market pricing with excellent customer service. 30 % of patients and corresponding revenues are obtained through minorities in the healthcare field. Less than one tenth of one percent (0.1%) is spent with minority owned firms-including manufacturing and distribution.

• Healthcare organizations receiving grants or bond support are federally required by law to demonstrate what they are allocating a percentage of their purchases to minority business enterprises (MBEs).

 

Management

President Executive Officer
James Townsend

James Townsend James Townsend is the President & CEO and COO Mr. Townsend has over twenty-five years of impressive achievement in responsible executive positions. Holding top titles in the Healthcare Industry it has been through strong leadership and innovative strategic planning that Mr. Townsend has helped set new Healthcare Industry precedents. He has overseen and implemented a number of large-scale international operations and operation turnarounds. At a health plan in California, he led a transition team that was responsible for a $65 million dollar book of business following that health plan’s acquisition. Using his towering network of corporate skills, within a 12-month period, Mr. Townsend created a $7 million dollar turnaround, while introducing three new products into the marketplace .

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
2 years, 5 months 4 Other Medical Devices & Equipment

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

Derek Davis, Sr. 770-828-6108

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