Providers

CINCINNATI – Medical Service Company’s latest acquisition of a hospital-owned DME brings the number of discharging hospitals under its care to more than 50, says CEO Josh Marx.  MSC announced Dec. 3 it had acquired Carle Medical Supply, a DME provider supporting patients of Carle Health, which includes eight hospitals and multi-specialty physician group practices with more than 1,300 doctors and advanced practice providers, as well as provider-driven health insurance plans.  “Even...

ORLANDO, Fla. – Rotech Healthcare recently partnered with Signifier Medical Technologies to offer the eXciteOSA device as an alternative option for OSA, part of the provider’s commitment to serving all patients, says CEO Robin Menchen.  The eXciteOSA device allows daytime treatment for approximately 20 minutes twice a day for the initial treatment period, which is ideal for those patients who cannot tolerate CPAP treatment when trying to sleep, she said.  “Our...

CINCINNATI – Quipt Home Medical has made organic growth a top priority in fiscal year 2025, after it missed its target of 8% to 10% in fiscal year 2024, company execs say.   The company reported year-over-year organic growth of just 3% for FY 2024, amid industry-wide headwinds, including a $5 million revenue hit related to the expiration of the 75/25 Medicare blended reimbursement rates on Jan. 1, 2024, and the loss of Medicare Advantage members due to a capitated agreement between...

DENVER – MGA Homecare, a provider of home and community-based physical and behavioral health services, has acquired Ward Road Pharmacy, a long-term care pharmacy and home medical supply company based in Arvada, Colo. The partnership strengthens MGA’s ability to meet the needs of medically complex patients by offering enhanced pharmacy services, medical supplies and coordinated care solutions.   “This partnership was born by listening to our patients and families,...

CINCINNATI – Quipt Home Medical completed approximately 854,000 unique setups/deliveries in fiscal year 2024, an increase of 13%.  This includes approximately 480,000 respiratory resupply setups/deliveries for fiscal year 2024, compared to approximately 396,000 for fiscal year 2023, an increase of 21%.  “Our results for fiscal 2024 reflect the resilience of our business and the scalability of our operating model,” said Greg Crawford, chairman and CEO. “Despite...

YARMOUTH, Maine – ResMed’s decision to add the AirSense 11 to its e-shop is another sign of a shifting market – one that providers have mixed feelings about.  ResMed was already selling its AirSense 10 and AirMini, as well as numerous masks and accessories, on the e-shop for cash purchase, and added the AirSense 11 in October. Inogen, a manufacturer of portable oxygen concentrators, has offered a direct-to-consumer option for years.  “We're seeing that...

WASHINGTON, Ind. – Clay Williams may stand on the foundation that his predecessors built, but the newly minted CEO of Williams Brothers Healthcare Pharmacy is ready to push forward into 2025 and beyond in new and innovative ways.  The fifth-generation pharmacist succeeds his father Charles C. (C.C.) Williams II and his uncle Mark Williams.   “One of the big things that I'm looking at going forward is to strengthen our core values and the fundamentals of what we...

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...

YARMOUTH, Maine – Providers still bruised by the Philips recall say allegations that Lincare received 20,000 replacement CPAP devices and then turned around and used them for new patients instead of existing patients adds insult to injury.  The allegations were published by ProPublica, a nonprofit investigative journalism organization, in a Nov. 13 article.  “During a time when the rest of us were drowning and Philips couldn’t give us any machines, Lincare capitalized...

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...