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Tag: Mergers & Acquisitions (M&A)


Brendan Schroeder

Specialty Providers

CGMs spur ‘broader push’ from buyers 

January 17, 2025Theresa Flaherty, Managing Editor

YARMOUTH, Maine – A pair of deals in the fourth quarter of 2024 highlights the attraction of the patient-direct market for continuous glucose monitors, say M&A analysts.  In December, Cardinal Health announced it plans to spend $1.1 billion to buy Carlsbad, Calif.-based Advanced Diabetes Supply, a national provider that serves about 500,000 diabetes patients annually, and in November, Henry Schein said it had signed an agreement to buy Tampa, Fla.-based Acentus, a national provider...

Continuous Glucose Monitor (CGM), Diabetes, Mergers & Acquisitions (M&A)


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Boone Lockard

Vendors

VGM ‘fills gap’ in respiratory offering 

January 13, 2025HME News Staff

WATERLOO, Iowa – VGM Group has acquired SleepGlad, a secure, 3D mask-fitting platform for CPAP and non-invasive ventilators, from Baxter Technologies in a move that fills out the company’s respiratory offerings.  VGM already offers fulfillment and logistics services for CPAP machines and supplies through VGM Fulfillment and no-touch delivery, onboarding, patient setup, compliance and post-compliance monitoring through VGM & Associates.  “SleepGlad perfectly fills...

CPAP Mask, Mask fitting, Mergers & Acquisitions (M&A), SleepGlad, VGM


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David Siegel

Providers

Nationwide Medical looks to PE firm to ‘unlock potential’ 

December 12, 2024HME News Staff

CALABASAS, Calif. – Nationwide Medical, a sleep and respiratory provider that operates in 49 states and serves more than 100,000 patients, has formed a growth partnership with Heritage Group, a health care-focused private equity firm.   “Today marks an exciting milestone for Nationwide Medical,” said CEO David Siegel. “We have operated as a family-owned business for over 20 years and are incredibly proud of our continued dedication to putting patients first and...

growth investment, Heritage Group, Mergers & Acquisitions (M&A), Nationwide Medical, Private Equity


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Josh Marx

Providers

Medical Service Company makes buy, gains health system partner 

December 3, 2024HME News Staff

CLEVELAND – Medical Service Company has acquired Carle Medical Supply, a DME provider supporting Carle Health patients in central Illinois.  “Like so many other health care systems, Carle identified that value and impact that DME has on a patient’s hospital discharge experience,” said Josh Marx, CEO of MSC. “Although a small part of the care continuum, when done well, discharge speed accelerates and patient satisfaction increases. Through MSC’s investments...

Carle Medical Supply, Medical Service Company, Mergers & Acquisitions (M&A)


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Invacare’s new owner in North America excels in turnarounds 

Vendors

Invacare’s new owner in North America excels in turnarounds 

November 22, 2024Liz Beaulieu, Editor

ELYRIA, Ohio – MIGA Holdings says it can turn around Invacare North America – which has suffered under a consent decree, a bankruptcy filing and numerous layoffs in the past decade –and it has the track record to prove it.  Edison, N.J. -based MIGA, which announced it bought the business on Nov. 11, will focus on improving Invacare NA’s operations and infrastructure, while letting the company’s “strongest assets” – its mission, vision, people...

Invacare North America, Mergers & Acquisitions (M&A), MIGA Holdings


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Providers

Henry Schein expands supplies platform with Acentus 

November 20, 2024HME News Staff

MELVILLE, N.Y. - Henry Schein has signed an agreement to buy Tampa, Fla.-based Acentus, a national supplier specializing in delivering continuous glucose monitors (CGMs) with $35 million in annual revenue.  Along with its previous acquisitions of Prism Medical Products in 2021 and Shield Healthcare and Mini Pharmacy in 2023, Henry Schein now expects its home medical supply platform to have annual revenue of about $350 million.  “As the delivery of health care in the U.S. is...

Continuous Glucose Monitor (CGM), Diabetes, Henry Schein, Home medical supplies, Mergers & Acquisitions (M&A)


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News

DOJ sues UnitedHealth to block Amedisys deal 

November 20, 2024HME News Staff

WASHINGTON – The U.S. Department of Justice, together with the attorneys general of Maryland, Illinois, New Jersey and New York, has filed a civil antitrust lawsuit to block UnitedHealth Group’s proposed $3.3 billion acquisition of Amedisys because it would eliminate competition between the two companies.  Since UnitedHealth’s acquisition of LHC Group, a competitor of Amedisys, in 2023, UnitedHealth and Amedisys have been two of the largest home health and hospice providers...

Amedisys, Department of Justice (DOJ), Lawsuit, Mergers & Acquisitions (M&A), UnitedHealth


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Also Noted

Valere Health buys Piper Healthcare 

November 12, 2024HME News Staff

COLUMBIA, S.C. – Valere Health, a provider of health care interoperability and connectivity solutions, has acquired Piper Healthcare, a health care consulting company that is known for its cutting-edge AI, analytics and automation solutions, the company says. The addition of Piper Healthcare strengthens Valere’s ability to offer a comprehensive suite of interoperable solutions that empower health care providers and drive operational efficiencies across the health care continuum, the company...

Artificial Intelligence (AI), Mergers & Acquisitions (M&A), Piper Healthcare, Valere Health


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Jason Hollar

Specialty Providers

Cardinal Health to buy nat’l diabetes provider 

November 12, 2024HME News Staff

DUBLIN, Ohio – Cardinal Health has entered into a definitive agreement to acquire Advanced Diabetes Supply for about $1.1 billion in cash, with plans to merge the company into its at-Home Solutions business.  ADS, led by CEO Bill Mixon, serves about 500,000 patients annually by providing the latest innovations in diabetes therapies from leading manufacturers.  "Last January, we elevated the priority of investing in our growth businesses like at-Home Solutions because this...

Advanced Diabetes Supply (ADS), Cardinal Health, Mergers & Acquisitions (M&A)


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Geoff Purtill

Vendors

Invacare sells NA business 

November 11, 2024HME News Staff

ELYRIA, Ohio, and EDISON, N.J. - Invacare Holdings Corp. has sold its North American business to MIGA Holdings, better positioning the business to optimize operations and accelerate growth in the region.  “We are confident that this strategic change will be a benefit to both the North American and European/Asia Pacific businesses of Invacare,” said Geoff Purtill, president and CEO of Invacare Holdings Corporation. “This transaction not only allows us to concentrate on our...

Invacare, Mergers & Acquisitions (M&A), North America


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