What is Advanced Diabetes Supply?
Founded in 2002 and headquartered in Carlsbad, California, Advanced Diabetes Supply serves as a premier national distributor of Durable Medical Equipment, with a specific focus on diabetes management solutions. The company distinguishes itself through high-level industry accreditations and a deep-seated expertise in CMS policy, which allows it to navigate the complexities of Medicare Part B reimbursement for Continuous Glucose Monitoring (CGM) products. By maintaining a dedicated workforce focused on innovation and service excellence, the firm has established itself as a critical link in the patient care continuum, ensuring that individuals with diabetes receive essential supplies with precision and reliability.
How much funding has Advanced Diabetes Supply raised?
Advanced Diabetes Supply has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Advanced Diabetes Supply
PPP
Public-Private Partnership
What's next for Advanced Diabetes Supply?
With the recent influx of capital, Advanced Diabetes Supply is poised to accelerate its strategic initiatives, likely focusing on the optimization of its supply chain infrastructure and the expansion of its CGM product portfolio. As the demand for remote patient monitoring and home-based medical care continues to rise, the company is strategically aligned to capture further market share. Future growth will likely involve leveraging its existing CMS policy expertise to streamline patient access to advanced medical technologies, thereby reinforcing its status as a leader in the diabetes supply industry. The firm remains focused on scaling its service standards to meet the evolving needs of Medicare Part B beneficiaries nationwide.
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