Henry Schein (Nasdaq: HSIC) + announced today that it will acquire a majority stake in homecare medical products supplier Shield Healthcare.
Henry Schein officials see the move as bolstering the company’s commitment to facilitating a continuum-of-care delivery model.
Shield Healthcare (Valencia, California) operates in the homecare medical supplies space, posting net sales of around $180 million in 2022. The acquisition will expand the homecare medical products portfolio of Henry Schein, enhancing its ability to cater to an aging U.S. population that is increasingly opting for home-based care.
This latest acquisition builds upon Henry Schein’s 2021 purchase of Prism Medical Products, as the company continues to invest in the homecare medical supplies market.
The agreement with Shield Healthcare is expected to bring Henry Schein’s homecare medical product platform’s annual rev…