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Providers deploy precautions

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03/13/2020

YARMOUTH, Maine – HME providers have begun taking proactive steps to ensure the health and safety of employees, patients and the larger communities they serve in response to the coronavirus outbreak.

AdaptHealth buys Healthline

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03/04/2020

PLYMOUTH MEETING, Pa. – AdaptHealth has acquired Healthline Medical Equipment, a provider with 13 locations across Forth Worth and Austin, Texas.

Knueppel Healthcare to close

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03/04/2020

MILWAUKEE – Knueppel Healthcare Services, citing unsustainable Medicare reimbursement, will close by the end of April, according to the Milwaukee Business News.

Mon Health System takes over HME business

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03/04/2020

FAIRMONT, W.Va. – The Mon Health System has acquired 100% of Mon Health Center Mon Home Medical Equipment and Supplies, according to the Fairmont News.

AdaptHealth eyes bolt-ons for supply business

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02/28/2020

PLYMOUTH MEETING, Pa. – On the heels of a “record” 2019, AdaptHealth looks to add another $100 million in revenues through acquisitions in 2020, CEO Luke McGee said during the company’s first earnings call last week.

GEC issues senior notes

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02/27/2020

WALTHAM, Mass. – Great Elm Capital has issued $30 million in 5% convertible senior notes due 2030.

On The Mend built for speed

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02/25/2020

SOUTHBURY, Conn. – With business booming, On the Mend Supplies & Medical Equipment recently opened a second location, featuring a 2,500-square-foot showroom in Mt.

CareCentrix’s Sofiane offers details on PAP policy

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02/25/2020

CareCentrix recently implemented a new policy in an effort to reduce the number of PAP patients with past due balances of more than 180 days.

AdaptHealth reports ‘near record’ number of acquisitions, increases outlook

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02/25/2020

PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $149.5 million for the fourth quarter ended Dec. 31, 2019, a 38% increase over the same period last year.

Payers tighten their control

Of a recent Centene-WellCare merger, one provider cited Centene’s ‘track record’ in Illinois
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02/14/2020

ST. LOUIS – As big payers get ever bigger, HME providers and stakeholders fear the impact these monopolies could have on the market.

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