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Lincare positions itself as 'attractive alternative' in earnings report

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02/07/2011

CLEARWATER, Fla. – Lincare this week reported net revenues of $422.1 million for the fourth quarter ended Dec. 31, 2010, a 4% increase over net revenues of $405.8 million for the same period in 2009. Net income was $46.1 million vs. $40.6 million, a 13.4% increase.

And Praxair's homecare biz goes to...Apria

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02/03/2011

LAKE FOREST, Calif., and DANBURY, Conn. - Need proof that, with competitive bidding and other reimbursement pressures, providers are looking to build scale? Here it is: Apria Healthcare announced Feb. 2 that it will buy Praxair's U.S. homecare business.

Mergers and acquisitions for HME: Bigger is better?

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01/27/2011

YARMOUTH, Maine - Looking back at 2010 and looking ahead to 2011, there's only one way to sum up the M&A market for HME: "It's pretty much going to be about the big guys," say industry watchers.

Seeley Medical: 'We need to reinvent ourselves'

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01/24/2011

ANDOVER, Ohio – Seeley Medical is taking the whole idea of diversification to new heights in 2011.

Briefs

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01/23/2011

FARGO, N.D. – In the second quarter, from September 2010 through November 2010, Noridian Administrative Services (NAS) found that of 865 claims for oxygen and oxygen equipment reviewed, 573 were denied, resulting in an error rate of 67%.

Bill Griffin for office?

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01/23/2011

CHARLOTTE, N.C. – Provider Bill Griffin hasn’t thrown his hat into the political ring yet, but he’s certainly prepared when the time comes.

Competitive bidding chronicles: Month 1

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01/23/2011

Editor's note: Each month, HME News will be following two providers--one contract supplier and one non-contract supplier--as they try to navigate a new Medicare landscape that includes competitive bidding.

When it comes to retail, it's a Good Life

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01/23/2011

There was a time when provider Stacy Cohen couldn’t have imagined buying things online. Nowadays, she is continually finding ways to maximize her retail business on the web.

Home care here to stay

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01/23/2011

Greg Spratt started out at a mom-and-pop provider in 1981 and eventually landed in the corporate offices of Rotech in 1997. He is currently director of clinical marketing for Oridion Capnographies, which manufactures CO2 monitors.

Medical Mart shuts down: 'We have mixed emotions'

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01/13/2011

ROCK HILL, S.C. - This isn't how Bob Luftin wanted to leave the HME industry.

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