Tag: DME Express
Moneyline: Patientco, TwelveStone receive investments; DME Express makes buy
July 26, 2018HME News Staff
ATLANTA - Patientco, a patient billing and payment technology company, has raised $28 million in Series B growth capital.The investment was led by Accel-KKY, with participation from existing investor BlueCross BlueShield Venture Partners/Sandbox Advantage Fund. It will be used to accelerate growth, expand sales and marketing, and further product innovation.“We are solving an unprecedented affordability crisis in health care,” said Bird Blitch, co-founder and CEO of Patientco. “We...
Moneyline: Mega merger announced, Capital buys Epic Health Services, DME Express raises capital
December 23, 2016HME News Staff
MUNICH and DANBURY, Conn. - Linde and Praxair announced their intention to merge on Dec. 20, creating a company with revenues of about $30 billion and a current market value of more than $65 billion.
The two companies have been courting each other, on and off, for two years.
Linde, which bought Lincare for $4.6 billion in 2012 and American HomePatient in 2015, is currently the industrial gas industry's No. 2 player, followed by Praxair at No. 3. Air Liquide SA of France leads the industry.
Praxair...
DME Express raises capital for expansion
December 20, 2016HME News Staff
BATON ROUGE, La. - DME Express, a DME provider to hospice and nursing facilities in the Southeast, has secured an undisclosed amount of growth equity financing from WayPoint Capital Partners, it announced Dec. 19.Concurrent with the financing, DME Express has also secured a significantly expanded credit facility from its existing lender, Bank of Oklahoma.Funds will be used to support the company's rapid growth and its continued expansion.“This capital raise will enable DME Express to continue...