Medical Devices & Equipment Company

Davis Medical Holdings, Inc

2%

Funding Goal $1,500,000
Funding Raised So Far $35,000
Funding Commitments $0
Funding Remaining $1,465,000
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


Davis Medical Holdings (DMH) is a sole-source minority black owend business provider and private-label manufacturing and distributor of disposable medical supplies, hygiene tissues , plastics bags, pharmaceutical and consumable medical and textiles, skin-care products, and therapeutic bedding products to hospitals, independent physician associations, group purchasing organizations (GPO) accountable care organizations (ACO), integrated delivery network IDN), large retail outlets, and federal agencies( through minority set-side sole source programs.

30 % of patients and corresponding revenues are obtained through minorities in the healthcare field. Less than one tenth of one percent (0.1%) is spent with minority owned firms-including manufacturing and distribution . Federal mandates require hospitals, managed care providers that receive federal funding, to direct up to 30% of their purchases to certified minority owned companies. Currently, less than 1% of all purchases are directed to “certified” minority owned businesses due to deficiencies in providing a total purchasing solution. Healthcare organizations receiving grants or bond support are federally required by law to demonstrate what they are allocating a percentage of their purchases to minority business enterprises (MBEs). Hospitals that receive federal dollars are mandated to do business with diverse suppliers per title 13, volume 1, part 143

Federal, state, and local contracts represent huge opportunities for the company.Many public sector entities have sole source and set-side programs in the healthcare market. As the nation's only minority private label company offering disposable medical products, DMH will experience a significant boom in: GPOs, ACOs, Urgent Care Centers, INDs, Long Term Care Centers, Health and Human Services, DOD, VA etc. representing enormous growth opportunities for the firm.

Read More
lock icon

Unlock Company Profile

Sign up now to unlock full company profiles and access financials, investor documents, and engage companies.

Business Summary


Company Age 8 years, 11 months
Employees 4
Sub-Industry Other Medical Devices & Equipment
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Products/Services


Disposable Medical Products

Federal mandates require hospitals, managed care providers that receive federal funding, to direct up to 30% of their purchases to certified minority owned companies. Currently, less than 1% of all purchases are directed to “certified” minority owned businesses due to deficiencies in providing a total purchasing solution.

(DMH) has assembled all of the required components to deliver high quality products at competitive market pricing with excellent customer service. 30 % of patients and corresponding revenues are obtained through minorities in the healthcare field. Less than one tenth of one percent (0.1%) is spent with minority owned firms-including manufacturing and distribution.

• Healthcare organizations receiving grants or bond support are federally required by law to demonstrate what they are allocating a percentage of their purchases to minority business enterprises (MBEs).


Management


James Townsend
President Executive Officer
James Townsend

James Townsend is the President & CEO and COO Mr. Townsend has over twenty-five years of impressive achievement in responsible executive positions. Holding top titles in the Healthcare Industry it has been through strong leadership and innovative strategic planning that Mr. Townsend has helped set new Healthcare Industry precedents. He has overseen and implemented a number of large-scale international operations and operation turnarounds. At a health plan in California, he led a transition team that was responsible for a $65 million dollar book of business following that health plan’s acquisition. Using his towering network of corporate skills, within a 12-month period, Mr. Townsend created a $7 million dollar turnaround, while introducing three new products into the marketplace .

2%

Funding Goal $1,500,000
Funding Raised So Far $35,000
Funding Commitments $0
Funding Remaining $1,465,000
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


Davis Medical Holdings, Inc

Atlanta, GA 30326, US

Top 10 Tips for Entrepreneurs Seeking Funding

Users who follow these tips increase their fundraising odds substantially.

  • Complete Your Funding Profile
    • Complete your funding profile with all sections filled, including your products and services, a complete management team with headshots, and slideshow with product images.
  • Complete a Business Plan
    • Complete a Business Plan in EquityNet and refine your financial projections using the benchmarking alerts in the Business Plan Analysis report.
  • Upload Important Investment Documents
    • Upload and present any other important investment documents such as pitch decks, financial statements, and offering materials.
  • Use EquityNet Crowdcast
    • Use the EquityNet Crowdcast system to automatically email invitations to your contacts in order to build additional exposure for your company.
  • Construct Concise Introductory Messages
    • Construct and send a concise introductory message to investors, including primary reasons why they should want to invest such as KPIs, expected returns, and forecasted revenue.
  • Be Proactive in Messaging Investors
    • Be proactive in messaging many investors and include a simple way for them to connect with you for a web meeting or call, such as a Calendly link.
  • Use the Activity System
    • Use the Activity system to track interested investors, and send prompt follow-up messages to investors who viewed your profile or showed interest.
  • Prepare for Due Diligence
    • Prepare for due diligence questions by interested investors and use your Business Plan and investment documents to satisfy such requests.
  • Keep Your Funding Profile Updated
    • Keep your funding profile updated with new funding raised/committed and message interested investors with any new milestones achieved.
  • Do Not Respond to Unknown Investors
    • Do not respond to or engage any parties outside of EquityNet that are not listed as approved investors (this may happen due to your public profile and LinkedIn connections).