Avanos Medical

Avanos Medical, Inc.
FormerlyHalyard Health, Inc. (2014–2018)
TypePrivate
IndustryHealthcare
Founded2014 (2014)
HeadquartersAlpharetta, Georgia
Area served
Worldwide
Key people
Joseph F. Woody[1]
(CEO)
Products
Number of employees
5,380 (2020)
ParentAmerican Industrial Partners
Websiteavanos.com

Avanos Medical, Inc. is a medical technology company making clinical medical devices. The company consists of two franchises – Pain Management and Chronic Care – that address reducing the use of opioids while helping patients recover faster and preventing infection.

History

Avanos Medical also manufactures and distributes Eternal Access System to help healthcare providers to fit feeding tubes into a patient safely - that is the Cortak 2.[2]

They describe Cortrak 2 system as "a time-saving solution that benefits nurses of all levels, dieticians, and GI and ICU doctors."

In April 2022, it was reported that a voluntary field correction had been issued by the company for a vital hospital tool that could have led to injury or even death.[3]

Avanos sells its brands and products in more than 90 countries[4] and operates 8 principal medical device production facilities – generating approximately $612 million in net revenue.[4]

In April 2026, Avanos agreed to be acquired by affiliates of American Industrial Partners.[5] The acquisition was completed in July 2026.[6]

References

  1. ↑ "BRIEF-Halyard Health says CEO Robert Abernathy to retire". Reuters. 2017-06-23.
  2. ↑ "CORTRAK* 2 Enteral Access System (EAS) Information".
  3. ↑ "Health tech company in talks with FDA about device that may have caused injury, death". Fox News. 28 April 2022.
  4. 1 2 "Avanos Medical Company Profile". The Vintage Group.
  5. ↑ "Avanos Medical, Inc. Agrees To Be Acquired by American Industrial Partners for Approximately $1.272 Billion". PRNewswire. April 14, 2026. Retrieved July 28, 2026.
  6. ↑ "American Industrial Partners Completes Acquisition of Avanos Medical, Inc". PRNewswire. July 27, 2026. Retrieved July 28, 2026.
  • Official website
    • Historical business data for Avanos Medical, Inc..:
    • SEC filings
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