This is Fred Ball for Zions Bank, speaking on business.
In 1968, Fred Petersen founded Petersen Medical, and over the years it evolved from a pharmacy to a home oxygen and medical supplies provider. After 33 years of business, Fred retired and sold his company to Tom Bradley in 2001.
Before taking over Petersen Medical, Tom worked for ten years in Salt Lake as a paramedic. During that time, Tom was living in Heber, and he realized the need for a medical equipment supplier in the Heber Valley. So he started his own medical equipment company, Advance Medical Services, to serve customers in the Heber area.
Soon, Tom contracted with Petersen Medical to care for their patients in the Wasatch County and Uintah Basin area, and when the chance came to purchase the business a year later, he was ready. He merged the businesses, and maintained the Petersen Medical title.
Petersen Medical is well known for home oxygen and respiratory equipment; however, it is also a major provider of wheelchairs, power chairs, hospital beds and other home medical equipment. A new division of Petersen Medical, Petersen Accessibility Solutions, offers further home and vehicle accessibility options, such as wheelchair lifts, in-home-elevators and stair glides.
Tom tells me many of his patients and customers feel like prisoners in their homes because they are unable to get up and around. A favorite part of the job is providing these people with mobility, which in a sense sets them free.
Tom also says the service and repair department is one area that really makes Petersen Medical stand out. Service and repairs are generally completed the very same day, and in-home service and repair calls are also common for Petersen's well-trained technicians.
Petersen Medical recently relocated its corporate offices and retail location to new facilities in Orem and plans to open a new retail location in Salt Lake by the end of year.
For Zions Bank, I'm Fred Ball. I'm speaking on business.