WM Healthcare Solutions, Inc., a subsidiary of Waste Management, Inc., announced that it has acquired Mountain High Medical Disposal Services, Inc., a medical waste collection, transportation and processing company. The purchase will better serve the needs of Waste Management's healthcare customers in the Salt Lake City area and Idaho.
The stock purchase of the medical waste treatment facility fits into Waste Management's strategy to manage solid waste, medical, recycling and pharmaceutical waste for the healthcare industry. By purchasing the company, WM Healthcare Solutions will provide these services to facilities in Salt Lake City as well as Idaho.
"Our acquisition of Mountain High Medical Disposal Services complements our overall healthcare offering so we can now provide multiple waste services to the healthcare industry. This investment represents an important strategic opportunity to offer disposal options, consulting and cost savings for hospitals, clinics, laboratories, doctors' offices and a variety of other healthcare operations in and around Utah and Idaho," said Ron Pierce, vice president of WM Healthcare Solutions. "The acquisition also adds to our capacity and geographic presence to treat and manage waste from healthcare customers.