BlueMed Medical Supplies, Inc.
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BlueMed Medical Supplies, Inc. - overview
Established
2010
Location
-, QC, Canada
Primary Industry
Healthcare
About
Based in Canada, BlueMed Medical Supplies, Inc. focuses on providing innovative healthcare solutions through advanced medical devices and software systems, aimed at enhancing patient care and optimizing clinical workflows. BlueMed Medical Supplies, Inc. is dedicated to offering advanced medical solutions, with its origins tracing back to 2010 in Canada.
The company was recently acquired by Aspen Surgical Products, Inc. in March 2021, which will bolster its shoe cover business and expand its presence in North America. The acquisition aligns with their strategy for growth in the healthcare sector. BlueMed specializes in innovative healthcare solutions, focusing on advanced medical devices and software systems designed to enhance patient care and streamline clinical workflows.
Their flagship products include a comprehensive suite of telehealth platforms, which facilitate remote patient monitoring and virtual consultations, addressing the growing demand for accessible healthcare services. Additionally, the company offers diagnostic tools that utilize cutting-edge technology to improve accuracy and efficiency in medical testing. Targeting healthcare providers, including hospitals and private practices, BlueMed’s offerings are deployed primarily in North America and select markets in Europe, catering to a diverse client base that prioritizes quality patient engagement and operational excellence. BlueMed's revenue is generated primarily through a direct-to-consumer model and strategic B2B partnerships with healthcare institutions.
The company operates on a subscription-based pricing structure for its telehealth services, allowing clients to access ongoing support and updates. In addition, BlueMed provides individual sales of its diagnostic tools, which are often bundled in service packages tailored to the specific needs of healthcare providers. These revenue streams are complemented by long-term contracts with hospitals and clinics, ensuring a stable flow of income. Their innovative product lines not only enhance revenue opportunities but also establish BlueMed as a key player in the evolving healthcare landscape.
The acquisition in March 2021 is expected to enhance BlueMed Medical Supplies, Inc. 's capabilities in the shoe cover business while solidifying its position in North America. Future growth plans include the development of new products aimed at expanding their telehealth offerings, although no specific release dates have been announced. The company is also looking to penetrate additional markets within North America, leveraging the recent funding to support these initiatives and expand their footprint in the healthcare sector.
Current Investors
Aspen Surgical Products, Inc.
Primary Industry
Healthcare
Sub Industries
Footwear, Medical Equipment Distributors
Website
www.bluemed.ca
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
BlueMed Medical Supplies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | BlueMed Medical Supplies, Inc. | - |
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