Tag: Northwest Medical
Great Elm's DME biz exceeds expectations
February 12, 2019HME News Staff
WALTHAM, Mass. - Great Elm Capital Group, which acquired and merged Valley Healthcare Group and Northwest Medical last year, reported that DME generated $13.2 million of revenue, $400,000 of net income and $3.6 million of adjusted EBITDA in the second quarter of 2019, exceeding original expectations. “In addition to driving organic revenue and EBITDA growth, the DME operating team is aggressively working to realize additional, potential synergies by the end of calendar year 2019,” the...
Valley Healthcare fuels growth with acquisition
September 21, 2018Theresa Flaherty, Managing Editor
MESA, Ariz. - Valley Healthcare's growth plans got a big boost recently when it partnered with Great Elm Capital Group to acquire Portland, Ore.-based Northwest Medical.
“We've held out longer than most companies our size, but it was the right opportunity with someone who is equally as motivated as we are to continue to grow and grow stronger,” said Ron Evans, co-founder and CEO of Valley Healthcare. “They are very respiratory focused, very patient focused. To me, that's...
Holding company combines Valley Healthcare, Northwest Medical
September 11, 2018HME News Staff
RENO, Nev. - Great Elm Capital Group has partnered with Mesa, Ariz.-based Valley Healthcare Group to acquire Portland, Ore.-based Northwest Medical and combine the two companies.
The deal creates a leading regional provider of sleep and respiratory equipment and services across Arizona, Nebraska, Washington, Oregon and Alaska serving about 70,000 patients annually, according to a press release.
“With Great Elm's support, we believe that we will continue to grow organically, as well...