Owens & Minor Products & Healthcare Services business
PE-OWNED
Acquired by Platinum Equity
What PE Will Likely Do
Reduction in quality of healthcare services provided by Owens & Minor, such as shorter appointment times, higher patient loads, and deferred equipment maintenance
Decline in the quality of medical supplies and products distributed by Owens & Minor, including cheaper or substandard materials used in medical devices and equipment
Potential disruptions in the supply chain and delivery of critical healthcare products and services, leading to shortages or delays for healthcare providers and patients
Expected Timeline
“0 to 6 months months”
Announcements about 'cost optimization' and 'operational efficiency' initiatives
“6 to 12 months months”
First round of staff reductions and changes to product sourcing and distribution processes
“12 to 24 months months”
Noticeable decline in the quality and reliability of Owens & Minor's healthcare products and services
“24 to 48 months months”
Potential disruptions in supply and service levels, leading to concerns from healthcare providers and patients
“48 to 60 months months”
Possible financial distress or restructuring for Owens & Minor, with further impact on the quality and availability of their healthcare offerings
What You Can Do
Actions
Healthcare providers should closely monitor the quality and reliability of Owens & Minor's products and services, and be prepared to seek alternative suppliers if necessary
Patients should be aware of potential changes in the quality of care and medical equipment, and advocate for their healthcare needs with their providers
Regulators and industry watchdogs should closely monitor the Owens & Minor acquisition for any signs of declining quality or service disruptions that could impact patient care
Alternatives
Look for family-owned or employee-owned businesses