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Synopsis
Coastal Medical Transportation Systems, a 24/7 non-emergency transportation service, completed the acquisition of the Massachusetts medical transportation business of Transformative Healthcare, a provider of mobile healthcare services and logistics management solutions. Financial terms were not disclosed. “This acquisition has afforded us an opportunity to not only expand our services portfolio, but also the scale of our capabilities in order to close gaps in care delivery across the region. With this strategic move, we believe we are in an even stronger position to support our mission. We are committed to providing great care, a superior work environment and innovative technology and equipment, which — when combined — provide a more efficient and effective operation and as a result, a higher-quality provider and patient experience,” Alex Theoharidis, CMTS Founder and CEO.
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