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AdaptHealth, AeroCare deal to ‘accelerate’ growth

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12/03/2020

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.

FSB’s Pinnacle Medical sells to AdaptHealth

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12/03/2020

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

AdaptHealth to buy AeroCare

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12/01/2020

PLYMOUTH MEETING, Pa. – AdaptHealth has entered into a definitive agreement to buy Orlando, Fla.-based AeroCare Holdings for $2 billion.

What’s the ‘optimal reimbursement’?

There's a new consensus around the importance of home care, but will payments for technologies that help make it happen, like telehealth, follow?
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11/24/2020

HARTFORD, Conn. – Seventy-two percent of consumers say they prefer to recover at home, and 97% of payers say home-based care is in the best interest of consumers and payers, according to a new report, “Health-at-Home 2020: The New Standard of Care Delivery,” published by CareCentrix.

Hub’s expands amid pandemic

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11/24/2020

SELINSGROVE, Pa. – It’s one thing to open a new store under normal circumstances, it’s another to open one during a global pandemic. But that’s exactly what Hub’s Home Oxygen & Medical Supplies did when it opened its seventh location in August.

Communication is key, say business leaders

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11/20/2020

ATLANTA – What lessons has the COVID-19 pandemic taught HME business leaders? How to communicate, and then communicate some more, they say.

Buyers gonna buy, but with later payouts

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11/13/2020

FORT WORTH, Texas - Despite the challenges of 2020 and the havoc the COVID-19 pandemic has brought to bear on the economy, Brad Smith is bullish on the M&A market for HME. Vertess closed on four deals in the second and third quarters, and is teed up for an even busier Q4 and beyond.

AdaptHealth seeks to ‘unlock’ diabetes market

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11/06/2020

PLYMOUTH MEETING, Pa. – The diabetes market is a “high priority” for AdaptHealth as it seeks both strategic and organic growth, say company officials.

Spiro Health increases New England profile with latest acquisition

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11/05/2020

SANDWICH, Mass. - Spiro Health has acquired Absolute Respiratory Care in Johnston, R.I., further cementing its presence in New England and the Northeast.

AdaptHealth remains 'opportunistic,’ despite pandemic

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11/04/2020

PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $284.4 million for the third quarter, a 108% increase over the same quarter one year ago.

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