Overland Park Hospice DME Company Sells its Business to Therapy Support | O'Keeffe and O'Malley

Overland Park Hospice DME Company Sells its Business to Therapy Support

Mar 19, 2014

Springfield, MO-based Therapy Support has acquired Town and Country Medical, Inc. of Overland Park, KS. Therapy Support provides specialty medical products and equipment to hospice and long-term facilities in seven states. Town and Country Medical is a niche medical equipment company servicing the hospice industry. Town and Country is known for its high level of service in the Kansas City metropolitan area, Topeka, St. Joseph, MO and Lincoln/Omaha, NE areas. The company rents 98% of its products to hospice providers and 2% to skilled nursing facilities. Hospice care is the fastest-growing area of Medicare. An estimated 1.58 million patients received hospice care from more than 5,000 programs nationwide, more than doubling the previous decade. Mason Hackler, the founder of Town and Country, started the company in 1996. The seller was represented by M&A firm O'Keeffe & O'Malley, Inc. of Overland Park. Terms of the acquisition were not disclosed.