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Sharps Compliance's Business Segments
Sharps Compliance's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 18
Regions Reported
-
Sharps Compliance does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Mailbacks48.5%
- Route-based Pickup Services23%
- Unused Medications18.9%
- Product and Service, Other9.4%
- Third Party Treatment Services0.2%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Mailbacks | $ 7 | 48.5% |
| Route-based Pickup Services | $ 3 | 23% |
| Unused Medications | $ 3 | 18.9% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Sharps Compliance
Sharps Compliance Corp. is a leading provider of comprehensive solutions for the management and disposal of medical waste, hazardous waste, and pharmaceutical waste. The company was founded in 1992 and is headquartered in Houston, Texas.
Sharps Compliance offers its services to a wide range of customers, including healthcare facilities, professional offices, government agencies, and consumers. The company's main goal is to help its clients ensure compliance with regulations while protecting the environment and public health.
The company's services include the collection, transportation, and disposal of medical waste, hazardous waste, and pharmaceutical waste. Sharps Compliance provides specially-designed containers for the safe and proper disposal of sharps, such as needles and syringes, as well as medical waste containers for the disposal of other types of infectious or potentially infectious waste.
In addition to waste management services, Sharps Compliance also offers a suite of related services to its clients. These include online training programs to educate healthcare professionals and staff on proper waste management techniques, as well as consulting services to help organizations develop and implement waste management plans that comply with federal, state, and local regulations.
Sharps Compliance is known for its innovative approach to waste management. The company has developed proprietary technologies and products, such as the Sharps Secure Needle Disposal System, which allows for the safe and easy disposal of needles and syringes. The company also offers MedSafe, a medication disposal system that allows consumers to safely dispose of unused or expired medications at retail pharmacies.
In addition to its waste management solutions, Sharps Compliance also operates a mail-back program for the safe disposal of unused or expired medications. This program allows consumers to mail their medications to the company, free of charge, for proper disposal.
Sharps Compliance is committed to sustainability and environmental stewardship. The company complies with all applicable regulations governing the disposal of medical, hazardous, and pharmaceutical waste, and strives to minimize its impact on the environment through waste reduction, recycling, and the responsible disposal of waste materials.
Overall, Sharps Compliance Corp. is a leading provider of comprehensive waste management solutions for the healthcare industry and other sectors. The company's commitment to compliance, innovation, and sustainability sets it apart in the industry, making it a trusted partner for organizations looking to manage their waste in a safe and responsible manner.
Sharps Compliance offers its services to a wide range of customers, including healthcare facilities, professional offices, government agencies, and consumers. The company's main goal is to help its clients ensure compliance with regulations while protecting the environment and public health.
The company's services include the collection, transportation, and disposal of medical waste, hazardous waste, and pharmaceutical waste. Sharps Compliance provides specially-designed containers for the safe and proper disposal of sharps, such as needles and syringes, as well as medical waste containers for the disposal of other types of infectious or potentially infectious waste.
In addition to waste management services, Sharps Compliance also offers a suite of related services to its clients. These include online training programs to educate healthcare professionals and staff on proper waste management techniques, as well as consulting services to help organizations develop and implement waste management plans that comply with federal, state, and local regulations.
Sharps Compliance is known for its innovative approach to waste management. The company has developed proprietary technologies and products, such as the Sharps Secure Needle Disposal System, which allows for the safe and easy disposal of needles and syringes. The company also offers MedSafe, a medication disposal system that allows consumers to safely dispose of unused or expired medications at retail pharmacies.
In addition to its waste management solutions, Sharps Compliance also operates a mail-back program for the safe disposal of unused or expired medications. This program allows consumers to mail their medications to the company, free of charge, for proper disposal.
Sharps Compliance is committed to sustainability and environmental stewardship. The company complies with all applicable regulations governing the disposal of medical, hazardous, and pharmaceutical waste, and strives to minimize its impact on the environment through waste reduction, recycling, and the responsible disposal of waste materials.
Overall, Sharps Compliance Corp. is a leading provider of comprehensive waste management solutions for the healthcare industry and other sectors. The company's commitment to compliance, innovation, and sustainability sets it apart in the industry, making it a trusted partner for organizations looking to manage their waste in a safe and responsible manner.
Sharps Compliance Corp is a leading provider of integrated waste management solutions, especially focusing on the healthcare sector. The company specializes in the safe and effective disposal of medical waste, sharps, and pharmaceutical waste. Let’s break down their segments, products, and services in extensive detail:
Segments
1. Healthcare Sector: This is the primary segment of Sharps Compliance Corp, where they provide services tailored to hospitals, surgical centers, clinics, and other healthcare facilities. The need for proper waste management is critical in this sector to ensure compliance with regulations and to promote public health.
2. Pharmaceutical Disposal: With the growing concern over the improper disposal of pharmaceutical products, Sharps Compliance has developed specialized services aimed at pharmacies, long-term care facilities, and other entities that handle such waste.
3. Industrial and Commercial: This segment addresses the waste management needs of various industries, including manufacturing and construction, where disposal of hazardous materials may be required.
4. Government and Military: Another segment includes support services and waste management solutions for government entities and military operations, ensuring the safe disposal of medical waste in compliance with strict governmental regulations.
Products
1. Sharps Containers: The company offers a variety of FDA-approved sharps containers, designed for the disposal of needles, syringes, and other sharp objects. These containers are engineered to be leak-resistant and puncture-proof.
2. Mailback Services: Sharps Compliance provides a mailback program that allows customers to fill special containers with their medical waste and send it back to the company for safe disposal. This is an efficient and compliant solution for small healthcare providers or home healthcare environments.
3. Pharmaceutical Waste Disposal Solutions: They offer products specifically designed for the safe disposal of unused or expired medications, including pharmaceutical waste mailback kits. These solutions help manage the risk of medication misuse and environmental contamination.
4. On-Site Waste Disposal Systems: For larger organizations, Sharps Compliance may provide on-site systems that facilitate the immediate disposal of medical waste, minimizing handling and transportation risks.
5. Waste Transport Services: The company has logistics solutions for transporting medical waste and pharmaceuticals from customer locations to treatment and disposal facilities.
Services
1. Compliance Training and Consultation: Sharps Compliance offers expertise in compliance with local, state, and federal regulations related to medical waste management. This includes training programs for healthcare staff on safe disposal practices and regulatory requirements.
2. Waste Management Audits: The company can conduct audits of a facility’s waste management processes to identify areas for improvement in compliance and efficiency.
3. Customized Waste Management Programs: They collaborate with clients to develop customized waste management solutions that align with specific operational needs and compliance requirements.
4. Emergency Response Services: In cases of spills or other waste-related emergencies, Sharps Compliance may provide rapid response and cleanup services, effectively managing hazardous waste incidents.
5. Online Account Management: To streamline communications and order management, Sharps Compliance provides an online portal for customers to manage their waste disposal accounts, order supplies, and track services.
6. Customer Support and Education: The company offers extensive support services, informing clients about waste management best practices and staying updated on regulatory changes that may affect their operations.
In summary, Sharps Compliance Corp offers a comprehensive suite of products and services tailored to meet the needs of diverse sectors involved in medical and pharmaceutical waste management. Their focus on compliance, safety, and customer support positions them as a critical player in the healthcare waste disposal landscape.
Segments
1. Healthcare Sector: This is the primary segment of Sharps Compliance Corp, where they provide services tailored to hospitals, surgical centers, clinics, and other healthcare facilities. The need for proper waste management is critical in this sector to ensure compliance with regulations and to promote public health.
2. Pharmaceutical Disposal: With the growing concern over the improper disposal of pharmaceutical products, Sharps Compliance has developed specialized services aimed at pharmacies, long-term care facilities, and other entities that handle such waste.
3. Industrial and Commercial: This segment addresses the waste management needs of various industries, including manufacturing and construction, where disposal of hazardous materials may be required.
4. Government and Military: Another segment includes support services and waste management solutions for government entities and military operations, ensuring the safe disposal of medical waste in compliance with strict governmental regulations.
Products
1. Sharps Containers: The company offers a variety of FDA-approved sharps containers, designed for the disposal of needles, syringes, and other sharp objects. These containers are engineered to be leak-resistant and puncture-proof.
2. Mailback Services: Sharps Compliance provides a mailback program that allows customers to fill special containers with their medical waste and send it back to the company for safe disposal. This is an efficient and compliant solution for small healthcare providers or home healthcare environments.
3. Pharmaceutical Waste Disposal Solutions: They offer products specifically designed for the safe disposal of unused or expired medications, including pharmaceutical waste mailback kits. These solutions help manage the risk of medication misuse and environmental contamination.
4. On-Site Waste Disposal Systems: For larger organizations, Sharps Compliance may provide on-site systems that facilitate the immediate disposal of medical waste, minimizing handling and transportation risks.
5. Waste Transport Services: The company has logistics solutions for transporting medical waste and pharmaceuticals from customer locations to treatment and disposal facilities.
Services
1. Compliance Training and Consultation: Sharps Compliance offers expertise in compliance with local, state, and federal regulations related to medical waste management. This includes training programs for healthcare staff on safe disposal practices and regulatory requirements.
2. Waste Management Audits: The company can conduct audits of a facility’s waste management processes to identify areas for improvement in compliance and efficiency.
3. Customized Waste Management Programs: They collaborate with clients to develop customized waste management solutions that align with specific operational needs and compliance requirements.
4. Emergency Response Services: In cases of spills or other waste-related emergencies, Sharps Compliance may provide rapid response and cleanup services, effectively managing hazardous waste incidents.
5. Online Account Management: To streamline communications and order management, Sharps Compliance provides an online portal for customers to manage their waste disposal accounts, order supplies, and track services.
6. Customer Support and Education: The company offers extensive support services, informing clients about waste management best practices and staying updated on regulatory changes that may affect their operations.
In summary, Sharps Compliance Corp offers a comprehensive suite of products and services tailored to meet the needs of diverse sectors involved in medical and pharmaceutical waste management. Their focus on compliance, safety, and customer support positions them as a critical player in the healthcare waste disposal landscape.