180 Medical Returns Unrequested COVID-19 Relief Funds from the CARES Act
180 Medical, a leading nationwide supplier specializing in catheters, ostomy supplies, incontinence products, and related disposable medical supplies to the home environment was provided with $10 million from the CARES Act Provider Relief Fund. Having acted quickly and thoughtfully to safeguard the company, its employees, and their customers, 180 Medical is returning the entire $10 million of unrequested relief funding.
OKLAHOMA CITY, Okla., May 11, 2020 /PRNewswire-PRWeb/ -- 180 Medical, a leading nationwide supplier of chronic care medical supplies to the home, is announcing that it is returning the $10 million of unsolicited relief funding from the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) Provider Relief Fund.
Because the CARES Act was intended to help businesses that require assistance as a result of the COVID-19 crisis, 180 Medical believes the funding could better serve others in need.
With a previously well-tested disaster recovery and remote work program, 180 Medical acted quickly and early in the face of the oncoming pandemic and moved 90% of its workforce to a home-based program. The warehouse teams were outfitted with personal protective equipment (PPE) and implemented robust safety protocols to minimize risk and maximize on-time, secure delivery of the essential medical supplies on which our customers rely in order to maintain a healthy lifestyle.
Seth R. Segel, President of 180 Medical, says, "We are appreciative of HHS' speed and generosity, but believe this vital funding may better serve others. I am proud of our entire team who has exhibited resilience, adaptability and resourcefulness to help our clinical partners and valued customers. Sustaining active communication and a continuous supply of chronic care products delivered to the home keeps our customers safe and out of the hospitals, where the front-line doctors and nurses are doing heroic work to treat COVID-19 patients. We have the privilege and responsibility to make part of our customers' healthcare journey less stressful and take tremendous pride that our already world class service levels have strengthened during this crisis."
The CARES Act national relief package, signed into law on March 27th, 2020, was created to provide economic assistance for hospitals and other healthcare providers on the front lines of the coronavirus response. The funding is to support healthcare-related expenses or lost revenue attributable to COVID-19 and to ensure uninsured Americans can get testing and treatment for COVID-19.
180 Medical remains fully dedicated to providing the best in medical supplies along with compassionate customer service, while living our core values of improving care and doing what is right and always operating with the highest standards of integrity.
Company/Organization Info:
180 Medical is one of America's fastest-growing providers of sterile-use intermittent catheters, ostomy supplies, incontinence products, and other related disposable medical supplies. Headquartered in Oklahoma City, the company is committed to meeting the supply needs of customers with chronic medical diagnoses such as urinary incontinence, spinal cord injuries, spina bifida, colon cancer, Crohn's disease, and many other conditions. 180 Medical is a subsidiary of ConvaTec, a leading global medical products and technologies company. To learn more, visit http://www.180medical.com.
SOURCE 180 Medical
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