Skip to main content
Medical Waste News
site map
rss feedour facebook page
Medical Waste Regulations
Tuesday, March 17 2015

Waste Management Is Getting Out Of Biohazard Waste Services

WM gets out of Medical Waste business

Company will still collect it, but is looking to sell sites and move capital elsewhere.

By Jim Johnson
WRN Senior Reporter

NEW ORLEANS - waste Management Inc. is looking to move away from the processing of medical waste and instead rely on third-party providers of that work for customers who continue to seek that service.

Chief Operating Officer James E. Trevathan, at the recent Wunderlich Securities Inc. Investor Summit in New Orleans, said the medical waste portion of the company's overall business is very small and Waste Management could better deploy capital in that sector to other portions of the business.

Standing in the hallway at the Investor Summit, held in conjunction with Waste Expo, Trevathan and Senior Vice President John J. Morris Jr. talked briefly about the decision to seek buyers for the processing facilities
Waste Management once viewed medical waste as a growth opportunity for the Houston-based company, but the landscape has changed.

"I think two things. We don't have to own the facilities to service the customers," Trevathan said. "That's a big one. I think we realized that. And, second, I think we would rather put our capital in another place."

The COO estimated the company has about six to eight processing sites in different parts of the country. "It's a management drain locally. How do we manage it? Do we keep it with the local business or do we run it nationally? It's not large enough operating those handful of facilities to run it nationally," Trevathan said. "It's not a core competency of our local management either."

Trevathan pointed to other potential uses of money now tied up in medical waste that could be used elsewhere, oil and gas field waste services.

"We can put that capital to work in a better place," he said. Caliing medical waste a "very low margin" business for Waste Management, Trevathan indicated the decision is "not a move­the-needle issue. It's not significant in size."
Waste Management had revenue of $13.65 billion last year, and Trevathan said medical waste revenue was certainly "less than $50 million without any doubt and maybe half of that."

Contact Waste & Recycling News senior reporter Jim Johnson at or 937-964-1289937-964-1289.

Posted by: AT 05:41 pm   |  Permalink   |  Email
Latest Posts

About Us
Medical Waste News is an On-Line industry trade news source, providing current and up to date information for Health-Care providers, Medical Waste transporters and more.
Contact us
rss feedour facebook page
Medical Waste News
Washington, DC 20001

Medical Waste News Source
 Washington D.C. - Maryland - Virginia - North Carolina

Medical Waste Disposal-Biohazard Waste Disposal-Sharps Disposal-OSHA Training-Needle Disposal-Hazardous Waste Management & Disposal-Pharma Disposal-Chemo Waste Management-Sharps Container Sales-Tattoo Sharps Disposal-Funeral Home Disposal-Helthcare Waste Removal-Dentist Sharps Removal-OSHA Training


Regulated Medical Healthcare Waste - News - Managment - Transportation  Processing - Disposal - Resources - Vendors 

Medical Waste News Offers Expert News For Health-Care Waste Disposal 

North Carolina - South Carolina - Florida - Georgia - Virginia - Washington DC - Maryland - West Virginia - Ohio - New Jersey - Delaware - New York - Pennsylvania


© 2015 - MedicalWasteNews - All Rights Reserved