Shield HealthCare, Inc.

Shield Healthcare, based in the US, specializes in providing essential medical supplies for home healthcare, focusing on enhancing the quality of life for patients through tailored solutions and outstanding service. Founded in 1957 and headquartered in Valencia, US, Shield Healthcare operates as a provider of home healthcare medical supplies. It has undergone strategic adaptations but has remained true to its core mission of serving customers’ healthcare needs. Recently, in August 2023, Henry Schein, Inc.

acquired the majority stake in Shield Healthcare. The company has participated in 2 funding deals, with the most recent being in 2023, raising INR 218. 20 mn from investors including Fulcrum, which equals the total amount raised. Shield HealthCare specializes in providing a comprehensive range of medical supplies tailored for home healthcare, focusing on categories such as incontinence supplies, ostomy supplies, enteral nutrition supplies, urological supplies, wound care products, and diabetes management solutions.

The company addresses the medical supply needs of over 340,000 clients, including patients, caregivers, healthcare professionals, and managed care providers across the United States. The user-friendly online platform allows customers to place orders and monitor their status, ensuring timely delivery of essential supplies to enhance care at home. In 2021, Shield HealthCare generated revenue of INR 7,311,240. 20, with an EBITDA of INR -216,202.

60. The company primarily earns through direct transactions with healthcare consumers and institutions, including billing arrangements with government programs such as Medicare and Medicaid, as well as private insurance plans, facilitating streamlined orders and claims processing. With the recent acquisition by Henry Schein, Inc. , Shield Healthcare plans to leverage new investments to expand its product offerings and enhance market reach.

The company aims to introduce new products tailored to meet specific healthcare needs and intends to expand its services to additional geographic regions, targeting areas where demand for home healthcare solutions is growing. The funding from its latest deal will support these initiatives, enhancing Shield Healthcare's ability to provide comprehensive medical supplies to a broader audience.