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Idustry in 'the shakeout phase'

September 26, 2014John Andrews

Provider consolidation, a “shakeout” of companies serving the marketplace through mergers, acquisitions and closings, has been dramatically reducing the number of players in the HME industry.Yet this trend should not be viewed with alarm, but as a natural progression in a maturing business climate, says Chris Kinard, director of corporate systems development for Columbia, S.C.-based LifeHME.Kinard refers to The Consolidation Endgame Curve, a four-stage lifecycle that plots the entry,...

Chris Kinard, Industry consolidation