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Smaller acquisitions reign

 by: 
Liz Beaulieu
  - 
05/20/2010
  | 
Providers

SPRINGFIELD, Ohio - Big-dollar deals in the HME industry may be rare these days, but providers like Med-Ox Home Medical are still making smaller acquisitions here and there to soften the blow of declining Medicare reimbursement.

Apria catches break, Lincare boosts liquidity

 by: 
Liz Beaulieu
  - 
05/20/2010
  | 
Providers

LAKE FOREST, Calif. - The U.S. Court of Appeals, Seventh District, dismissed a whistleblower lawsuit last week that accused Apria Healthcare of inappropriately billing Medicare and Medicaid for home medical equipment.

Lincare boosts trading volume, liquidity

 by: 
HME News Staff
  - 
05/18/2010
  | 
Providers

CLEARWATER, Fla. - Lincare's board of directors declared a three-for-two stock split last week.

The stock split will take the form of a 50% dividend that will be distributed on June 15, 2010, to shareholders of record on June 3, 2010, according to a release.

Earnings: Rotech up slightly, Liberator soars

 by: 
HME News Staff
  - 
05/13/2010
  | 
Providers

ORLANDO, Fla. - Rotech Healthcare's first quarter 2010 revenues rose about 9% compared to first quarter 2009, the company reported May 10.

Rotech's revenues up

 by: 
HME News Staff
  - 
05/11/2010
  | 
Providers

Rotech Healthcare's first quarter 2010 revenues rose about 9% compared to first quarter 2009, the company reported May 10. "First quarter results demonstrated solid growth in net revenues and patient counts," said Philip Carter, President and CEO in a statement.

Rotech's revenues up

 by: 
HME News Staff
  - 
05/11/2010
  | 
Providers

ORLANDO, Fla. - Rotech Healthcare's first quarter 2010 revenues rose about 9% compared to first quarter 2009, the company reported May 10.

American HomePatient wants out of 'spotlight'

 by: 
Liz Beaulieu
  - 
05/06/2010
  | 
Providers

BRENTWOOD, Tenn. - With $226 million in debt hanging over its head, American HomePatient (AHP) announced April 28 that it seeks to avoid bankruptcy by going private.

American HomePatient wants to leave 'spotlight'

 by: 
Liz Beaulieu
  - 
05/03/2010
  | 
Providers

BRENTWOOD, Tenn. - With $226 million in debt hanging over its head, American HomePatient (AHP) announced last week that it seeks to avoid bankruptcy by going private.

Providers 'play it safe'

 by: 
Liz Beaulieu
  - 
04/29/2010
  | 
Providers

YARMOUTH, Maine - Some HME providers are putting off investing in their companies until they have a better idea what the future holds.

Reporter's notebook: Apria Healthcare

 by: 
Mike Moran
  - 
04/26/2010
  | 
Providers

LAKE FOREST, Calif. – Do you know what a “dividend recapitalization” is? I didn’t, but I do now.

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