StockGuru Blog: Aging Boomers Creating Growth for Durable Medical Equipment — ADOV Up as Much as 38% Since Coverage Initiated
Andover Medical, Inc. is a single source provider of orthopedic, podiatric and urological durable medical equipment. Andover’s business model is simple and straight forward: Roll up the durable medical equipment business across the United States into a single entity with centralized management. In the initial stages Andover is focusing primarily on the orthopedic industry because of its strong growth and the management team’s deep experience in the space. Durable Medical Equipment a Growth Business The aging baby boom generation is likely to increase the nation’s disabled population, and a study indicates that in the United States more than 40 million…