Travis Medical Sales Corp

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Travis Medical Sales Corp - overview

Established

1989

Location

Austin, TX, US

Primary Industry

Medical Devices & Equipment

About

Travis Medical Sales Corp is a home medical equipment provider focused on enhancing patient care through a diverse range of mobility supplies and medical devices tailored for home use. Travis Medical Sales Corp, founded in 1989, operates out of Austin, US, specializing in home medical equipment. The company has been involved in one funding deal, with the most recent acquisition occurring on November 14, 2016, when Hospice Source LLC acquired Travis Medical Sales Corp. No financial details were disclosed about this transaction.


Travis Medical Sales Corporation specializes in providing a comprehensive range of home medical equipment and mobility supplies, aimed at enhancing the quality of care for patients in a home setting. The company partners with major manufacturers to offer high-quality equipment tailored to meet the diverse needs of patients, including mobility aids, respiratory devices, and other essential medical supplies. The experienced staff at Travis Medical is dedicated to educating clients and caregivers about these products, ensuring they are well-equipped to utilize the equipment effectively. The company serves a broad client base, including patients, caregivers, and healthcare providers, across various geographical markets, specifically in Texas, Florida, Oklahoma, Montana, Idaho, Oregon, and Washington.


By streamlining the home care process and addressing the specific challenges faced by patients, Travis Medical aims to improve health outcomes and patient satisfaction within the home care environment. Travis Medical Sales Corporation generates revenue through the sale and rental of medical equipment and supplies, catering to both direct consumers and healthcare providers. The business model primarily involves direct transactions with clients, where patients and caregivers purchase or rent equipment necessary for home care. This may include mobility aids, such as wheelchairs and walkers, as well as other medical devices tailored to patient needs.


The company’s offerings typically include reimbursement guidance, supporting clients through the complexities of insurance claims related to their products. While specific pricing structures for products and services have not been disclosed, the company’s revenue is bolstered by its extensive experience in navigating reimbursement processes, thus enhancing the value provided to patients and healthcare partners alike. Travis Medical Sales Corp is currently focused on enhancing its product offerings and expanding into new geographic markets. There are plans for the design and launch of new products, although specific timelines have not been detailed.


The company intends to explore opportunities beyond its current states, potentially targeting additional regions in the US by the end of 2023. Recent funding from the acquisition in November 2016 will support these growth initiatives, allowing the company to invest in product development and market expansion.


Current Investors

Hospice Source LLC

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Equipment Distributors

Website

www.travismedical.com

Verticals

Wearables & Quantified Self

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Travis Medical Sales Corp - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedTravis Medical Sales Corp-

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