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Protech Home Medical

Protech Home Medical highlights growth

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12/01/2020

CINCINNATI – Protech Home Medical has reported preliminary revenue in the range of $26.1 million to $26.5 million for the quarter ended Sept. 30, driven by “robust organic growth.”

CIT provides financing to Protech Home Medical

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09/23/2020

NEW YORK – CIT Group’s Healthcare Finance Group has provided a $20 million senior secured credit facility for Cincinnati-based Protech Home Medical.

Protech lines up sleep provider

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09/09/2020

CINCINNATI ­– Protech Home Medical has executed a non-binding letter of intent to acquire a respiratory company in the Southeast reporting unaudited trailing 12-month annual revenues of about $13 million, significant adjusted EBITDA and positive net income.

Protech buys HRT for $5.4M

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09/03/2020

CINCINNATI – Protech Home Medical has acquired Buffalo Grove, Ill.-based Health Technology Resources, a home respiratory services company that serves the Chicago area.

Protech: We’re ‘solid’

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07/08/2020

CINCINNATI – Demand for respiratory equipment is increasing, and demand for CPAP and other supplies remains strong, Protech Home Medical says in a July 7 corporate update.

Protech Home Medical raises more than $28.8 million

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07/01/2020

CINCINNATI – Protech Home Medical has closed its previously announced offering of about 25 million units at a price of $1.15 per unit for aggregate proceeds of about $28.8 million.

Protech ‘ready to seize on industry forces’

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05/22/2020

CINCINNATI – Protech Home Medical reported revenues of $24.1 million in the second quarter of 2020, a 16% increase compared to the same period in 2019.

Protech has ‘robust pipeline of acquisition targets’

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01/31/2020

CINCINNATI – Protech Home Medical is poised to grow in a “fragmented and shrinking” home respiratory market, company execs said on an earnings call last week.

Protech reports Q4 revenue increase

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01/31/2020

CINCINNATI – Protech Home Medical reported revenues of $19.5 million for its fourth quarter ended Sept. 30, 2019, an increase of 8% over the same period in 2018. Recurring revenue was $55.1 million, an increase of 26%.

Protech reports Q3 earnings

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08/22/2019

CINCINNATI – Protech Home Medical reported revenues of $21.1 million for the third quarter of 2019, an increase of 7.1% compared to the same period in 2018. Year-to-date revenue was $64.7 million, a 13.6% increase. Adjusted EBITDA was $3.9 million.

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