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Santa Monica, CA- February 19, 2004- Bison
Capital Structured Equity Partners, LLC announced their investment
in Twin Med, LLC, a leading provider of non-pharmaceutical
medical supplies to the long-term care industry. Twin
Med offers a broad range of disposable medical supplies such
as incontinence products, nursing, diabetic and respiratory
supplies, non-prescription medicines, linens, enterals, durable
medical equipment and janitorial supplies to skilled nursing
facility operators throughout the United States.
A key to Twin Med's success is the partnership
it has developed with its customers through its revolutionary
PPD program. Twin Med's PPD program aligns a nursing
home operator's medical supply costs with the Government's
per diem reimbursement policy, giving its customers the peace
of mind of knowing exactly what they are spending and allowing
them to better manage their businesses.
"With the overwhelmingly positive reception
by leading skilled nursing facility operators to the company's
PPD program, Twin Med has grown at an exceptional rate since
its founding in 1998. Our capital supports the continuation
of Twin Med's expansion and its impressive track record of
growth," said Bison Capital Partner, Ping Chu.
Bison Capital provides structured equity
to public and private entrepreneurial companies. We provide
capital for expansion, acquisition or balance sheet restructuring
in partnership with the management team. |
