Healogics, a provider of advanced wound care services, has purchased Nautilus Health Care Group.
Nautilus Health is involved in offering wound care services to outpatient wound care centers, hospital inpatient programs and to residents of skilled nursing and long term care facilities.
Healogics chief executive officer Jeffrey Nelson said the acquisition accelerates the company's growth beyond its core hospital outpatient market.
"Expanding our footprint to other care venues brings us one step closer to our goal of advancing wound healing everywhere we can, for every patient who would benefit, by the best means available," Nelson added.
In addition, the acquisition will allow Healogics to further strengthen its outpatient Wound Care Centers through enhanced support from specially trained wound care physicians.
Nautilus Health Care Group founder and CEO Christopher Morrison said Healogics will help the company's to better serve its current customers and expand model beyond current market.
"Together, we will continue to build awareness of the chronic wound epidemic that affects millions of people," Morrison added.
"Our combined teams will focus on clinical excellence and outstanding outcomes while finding new ways to reach more patients with chronic wounds."