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AdaptHealth, AeroCare deal to ‘accelerate’ growth

by: 
Theresa Flaherty
  - 
12/03/2020
  | 
Providers

PLYMOUTH MEETING, Pa. – After operating on parallel acquisition tracks for the past few years, AdaptHealth will acquire AeroCare Holdings for $1.1 billion in cash and 31 million shares, for a total purchase price of about $2 billion, in the biggest deal in HME in years.

Mal Mixon: A master class in leadership

by: 
Liz Beaulieu
  - 
12/03/2020
  | 
Vendors

ELYRIA, Ohio – Mal Mixon, who passed away on Nov. 30 at the age of 80, will be remembered by many as the “face of HME” for guiding Invacare and, in many ways, the industry at large for more than three decades.

F&P’s first half: Stability and variability, all at the same time

by: 
Liz Beaulieu
  - 
12/03/2020
  | 
Vendors

LAGUNA HILLS, Calif. – Fisher & Paykel Healthcare reported stable operating revenue for its homecare products group in the first half of the 2021 financial year, despite many sleep labs closing or operating at reduced capacity due to the COVID-19 pandemic.

Also Noted

CMS softens safe harbors, exceptions to promote value-based care

by: 
Liz Beaulieu
  - 
12/03/2020
  | 
General News

AMARILLO, Texas – CMS’s recent reforms to the Anti-Kickback Statute and the Stark Law will benefit HME providers, but “not a whole lot,” says healthcare attorney Jeff Baird.

In brief: Congressional caucus on sleep, Sullivan Health’s first acquisition, telehealth expansion finalized

by: 
HME News Staff
  - 
12/03/2020
  | 
General News

DARIEN, Ill. – The American Academy of Sleep Medicine has created a Congressional Sleep Health Caucus to promote healthy sleep and the importance of high-quality, patient-centered care for patients.

FSB’s Pinnacle Medical sells to AdaptHealth

by: 
HME News Staff
  - 
12/03/2020
  | 
Providers

CHICAGO – FSB Companies has sold its portfolio company Pinnacle Medical Solutions, a provider of diabetes management supplies, to AdaptHealth.

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HME NewsPoll December 2020

CMS has dropped 13 product categories from Round 2021 of competitive bidding because they did not achieve "expected savings."