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AdaptHealth, AeroCare deal to ‘accelerate’ growth


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.

Allina Health sells to AdaptHealth


ST. PAUL, Minn. - Allina Health is selling its HME division to AdaptHealth, according to ABC Newspapers.

FSB’s Pinnacle Medical sells to AdaptHealth


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

AdaptHealth to buy AeroCare


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

AdaptHealth seeks to ‘unlock’ diabetes market


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

AdaptHealth remains 'opportunistic,’ despite pandemic


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.

Top CEOs: Rein in administrative spending

‘We need to be talking about … getting off the damn fax machine’

YARMOUTH, Maine – The best way to improve margins in an industry that suffers from constant pricing pressure is by reducing administrative burdens, said panelists during a recent discussion on “Post-pandemic: The rise of post-acute care.”

AdaptHealth adds chief accounting officer to executive team


PLYMOUTH MEETING, Pa. – AdaptHealth has appointed Frank Mullen as chief accounting officer, a newly created position.

AdaptHealth sees ‘permanent shift up’ on resupply rates


PLYMOUTH MEETING, Pa. – AdaptHealth executives don’t expect volume for new CPAP setups to return to pre-pandemic levels in 2020, but they say that’s largely offset by its strong resupply business.

AdaptHealth posts strong quarter amid pandemic


PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $232.1 million for the second quarter ended June 30, an 87% increase from the same period in 2019, aided by its ability to supply critically needed equipment and medical supplies to referral partners during the COVID-19 pandemic.