


Agiliti, meanwhile, helps in-house teams repair and perform preventive maintenance to ensure bed availability. In addition to designing bed frames, it uses tech fabrics and designs to create comfortable support surfaces for enhanced healing, as well as designing safe patient handling and mobility equipment such as sit-to-stand chairs for positioning patients appropriately. Sizewise works with hospital discharge planners to make sure equipment meets all requirements for moving patients to post-acute care.
#Sizewise bariatric bed skin#
It also will help Agiliti meet new demands for bariatric patients and those at risk of skin and fall injury, while helping to ensure high utilization of devices by enhancing Agiliti’s end-to-end service model. Sizewise is expected to help scale Agiliti’s infrastructure and strengthen its capabilities in the supply chain to provide greater control over R&D, manufacturing and logistics for a vital and differentiated product category. “The combination builds on our existing geographic footprint and adds relevant scale to our Equipment Solutions service line, while simultaneously expanding our capabilities to bring differentiated products and services to market for our customers,” said Tom Leonard, CEO of Agiliti, in a statement. News of the acquisition sent Agiliti shares up Tuesday, according to TheStreet. Agiliti and Sizewise expect to make up to $5 million in annual cost synergies in the first year alone, and rake in $15 million within three years. The deal is set to be completed early in the fourth quarter of 2021 and will be financed through a combination of cash and debt. The addition of Sizewise, which also manufactures therapeutic surfaces and mobility equipment for enhanced healing and better caregiver satisfaction, is expected to help Agiliti address a number of needs in the growing specialty equipment services market with its products and operational capabilities. Healthcare service provider Agiliti is set to acquire Sizewise Rentals, a manufacturer of specialty hospital beds, for $230 million in an all-cash, stock purchase transaction.
