“The increasing prevalence of chronic diseases, such as diabetes, is creating high demand for wound care products, and a rising senior population is driving greater demand for home-based care, especially for those unable to travel to a care facility. “The wound care management and home health care markets are growing at an accelerated pace,” said Brad Connett, president, U.S. PRISM enjoys strong referral retention rates as well as high marks for customer satisfaction. PRISM serves a broad and loyal referral network of nationally affiliated and independently operated wound care clinics, as well as specialist practices and clinics in primary care, ostomy, podiatry, rehabilitation and physical therapy, general and plastic surgery, dermatology, and vascular medicine. PRISM is expected to be neutral to Henry Schein's 2021 earnings per diluted share and accretive thereafter. The company has more than 200 team members and had net revenue for the 12 months ended Sept. PRISM is a privately held company founded in 2006 with headquarters in Elkin, N.C., as well as an operations office in Las Vegas, and 10 fulfillment centers located across the United States. Henry Schein is the world’s largest provider of healthcare solutions to office-based dental and medical practitioners Prism Medical Products is a nationwide provider of specialty home medical supplies with a core competency in advanced wound care products. Importantly, PRISM and its management team is tightly aligned with Henry Schein’s strategy and culture, and we look forward to a smooth integration of this business.” It also strengthens our relationships with the physicians who prescribe home medical supplies. “This partnership expands Henry Schein Medical’s continuum-of-care delivery model and allows us to move closer and to interact directly with patients. Bergman, board chairman and CEO of Henry Schein. “Expanding beyond our core base of office-based physicians and entering the home health market has been a long-standing strategic goal of Henry Schein’s medical business, and with PRISM we have the ideal partner with a strong brand and a complementary business model,” said Stanley M. Upon the deal's closing, PRISM will operate as a subsidiary of Henry Schein Medical and will be managed separately as an individual division by Chris Cartwright, founder and president of Prism Medical Products. The transaction gives Henry Schein Medical, the company's medical division, a foothold in the growing multibillion-dollar home medical equipment and supplies market. has purchased a majority ownership position in Prism Medical Products LLC. PRISM will operate as a subsidiary of Henry Schein Medical and will be managed separately as an individual division. Henry Schein Buys Majority Interest in Prism Medical Products
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