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AdaptHealth hits the NASDAQ

‘They came up with a buy-and-build strategy and executed on it’
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11/15/2019

PLYMOUTH MEETING, Pa. – In the nearly 10 years that the HME industry has grappled with competitive bidding, AdaptHealth has found a way to grow, leading up to the provider becoming a public company last week.

AdaptHealth posts first earnings report

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11/14/2019

PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $136.5 million and net sales of $83.1 million for the third quarter ended Sept. 30, an increase of 33.6% and 44.5%, respectively, from the same period last year.

Allegheny Health tapped for Home Recovery Care

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11/13/2019

PITTSBURGH and NASHVILLE, Tenn. – Allegheny Health Network will provide DME, home infusion and other homecare products and services as part of a new joint venture between health insurer Highmark Health and Contessa.

Apria Healthcare responds to wildfires

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11/08/2019

LAKE FOREST, Calif. – Apria Healthcare has launched a mobilized effort to deliver critical equipment to its patients in California, where wildfires continue to plague much of the state.

Wendy Russalesi, HME’s relationship builder

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11/01/2019

PLYMOUTH MEETING, Pa. – In her two decades in the HME industry, HME Woman of the Year Wendy Russalesi has held a variety of positions—from consultant to accreditation surveyor to executive director of the Jersey Association of Medical Equipment Suppliers.

Rotech taps $50M for acquisitions

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10/31/2019

ORLANDO, Fla. – Rotech Healthcare has obtained a $315 million credit agreement to, in part, fuel strategic acquisitions.

Reporter’s notebook: When Adapt goes public, industry will be watching

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10/28/2019

PLYMOUTH MEETING, Pa. ­–­ When AdaptHealth goes public later this year, other large players in the industry may consider doing the same, says Brad Smith, managing director/partner at Vertess.

HandyQuip connects customers with rentals

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10/28/2019

PONTE VEDRA, Fla. – When Stephane Poussou’s brother-in-law, who is paralyzed from the waist down, went to Las Vegas eight years ago to celebrate his recent graduation, he and his family spent five days—to no avail—trying to find the equipment he needed.

BPR Medical: US oxygen users at higher risk

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10/28/2019

LONDON – American oxygen users are twice as likely to die in a home oxygen fire than in Japan, and 20 times more likely than in England, according to a new study from BPR Medical, a medical gas designer manufacturer.

Provider of the Year Methodist Alliance: Change is name of game

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10/18/2019

MEMPHIS, Tenn. – Methodist Alliance Home Medical Equipment credits its longevity and its ability to change as a big reason it was named 2019 Provider of the Year.

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