Tag: Valley Healthcare Group
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...
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...
For sale: CPAP machine, slightly used
September 16, 2016Theresa Flaherty, Managing Editor
YARMOUTH, Maine - People know Craigslist as a place where they can find anything from a used car to a new roommate, but listings for medical devices like CPAP machines are giving HME providers pause.“Patients can do whatever they want with it if it's been converted to purchase, but medical devices shouldn't be sold without a prescription,” says Ron Evans, owner of Phoenix-based Valley Healthcare Group.A new study from researchers at the Minneapolis Veterans Affairs Health Care System...
Alliance continues Ariz. expansion
April 21, 2016HME News Staff
Prescott, Ariz. - Alliance Homecare has acquired Bradshaw Home Medical, also based in Prescott, Ariz. Valley Healthcare Group, parent to Alliance Homecare, now operates 10 DME locations in Arizona and Nebraska, and 10 accredited sleep centers. “This acquisition helps us to remain focused on providing the best patient care possible, while working to offset the cuts in Medicare in the rural areas,” said Ron Evans, owner of Valley Healthcare Group, in a release. “We now service patients...
Valley makes buy
October 21, 2014HME News Staff
PHOENIX - Valley Healthcare Group has acquired Heartland Health Therapy, adding a total of six sleep centers and four DME locations in Arizona and Nebraska. “We can now service patients from the southern border of Arizona to Prescott, covering 75% of the state's population,” said owner Ron Evans. The company plans to open three new Infinity Sleep Solutions sleep centers in Phoenix and Tucson in the next 2 months, raising their total number of facilities to 20 and annual revenue to $20...