Tag: teijin
Turmoil continues at Pacific Pulmonary
May 18, 2017HME News Staff
BAKERSFIELD, Calif. - Pacific Pulmonary Services will lay off 170 employees in July, according to a local newspaper.In a May 12 letter to the Kern County Board of Supervisors, CEO John Parnes stated, “Neither the company nor the Bakersfield office is closing as part of this reduction in force.”A list of jobs targeted for layoffs includes clerical and logistical positions, respiratory specialists, auditors, financial services positions, and the company's director of pharmacy and strategic...
Uncertainty kills Teijin's bid for US HME market
May 12, 2017Theresa Flaherty, Managing Editor
YARMOUTH, Maine - Teijin Limited's recent announcement that it was exiting the U.S. homecare market is a textbook example of the cooling off of a once red-hot market, say industry analysts.“We've seen these guys coming in and going out like a revolving door,” said Rick Glass, president of Steven Richards & Associates. “The U.S. is such a big market that it looks desirable to these overseas players and then they get in here and find out it's a little more complicated than that.”Teijin...
Teijin exits homecare biz
May 9, 2017HME News Staff
TOKYO - Teijin Limited is selling Braden Partners and Associated Healthcare Systems to PPS HME, an affiliate of Quadrant Management, effectively exiting the homecare business.
Teijin entered the North American homecare market in 2008, when it acquired Braden Partners in Bakersfield, Calif., Associated Healthcare Systems in Amherst, N.Y., and Home Therapy Equipment in Glen Falls, N.Y.
Braden Partners is better known as Pacific Pulmonary Services—Braden Partners acquired Med-Mart in 1993...
M&A: Teijin 'nibbling'
July 25, 2011HME News Staff
It remains to be seen whether BioSolutions will make any inroads into the HME market, but that got us wondering about another foreign-based company: Teijin.
The Tokyo-based respiratory giant made a splash in 2008, when it acquired three separate HME companies: Amherst, N.Y.-based Associated Healthcare Systems, Glen Falls, N.Y.-based Home Therapy Equipment; and Bakersfield, Calif.-based Braden Partners, which does business as Pacific Pulmonary Services.
But what have they been up to since then?
"They've...