VGM, Trace Medical Announce Exclusive Agreement for Advanced Respiratory Rentals & Biomedical Services

WHITMORE LAKE, Michigan—Trace Medical, the national leader in advanced respiratory rentals and biomedical services based in Whitmore Lake, Michigan and Van G. Miller & Associates (VGM) based in Waterloo, Iowa, have executed an exclusive program agreement to provide advanced respiratory rentals and biomedical services to the entire VGM membership of 3,000 home medical equipment (HME) providers with nearly 7,000 locations.

“VGM and Trace have worked seamlessly together since 2018 in our collective support of the home medical equipment market,” said Elliot Campbell, chief commercial officer of Trace Medical. “Continued alignment with VGM helps ensure our expanding value propositions are, available to as many providers as possible while supporting the industry as a whole through VGM’s legislative efforts. Moreover, as we rapidly expand nationally into biomedical services, VGM’s support will be paramount in our ability to provide biomedical services nationally—something the industry desperately needs.”

The agreement, effective Saturday, April 1, solidifies the first program of its kind for VGM’s membership community.

“Our relationship with Trace Medical has been very beneficial to our membership,” Jeremy Stolz, president of VGM said. “We look forward to their expanded solutions including biomedical services and are confident that it will serve the provider community well. The Trace team have demonstrated the ability to deliver meaningful solutions at a very compelling cost. We are excited for the next chapter with them.”

“We are pleased with the continued growth of our relationship with VGM and its members,” Greg Apostolou, chief executive officer of Trace Medical said. “The market has spoken clearly about its desire for a consolidated solution including equipment rentals and biomedical services, and our national platform provides an excellent solution to meet this need. With double-digit growth in operating costs and essentially static reimbursement, our service and delivery model will help provide the financial efficiencies that are desperately needed by the homecare community today.”