Rotech makes buy, plans more

Wednesday, December 17, 2014

ORLANDO, Fla. – Rotech Healthcare has acquired the assets of a specialty medical services provider in Cody, Wyo., the provider announced this week. The buy is the start of a plan to increase Rotech’s presence in both rural and metropolitan markets, according to a press release. “Unlike many of our smaller distressed competitors, we have the staying power to ride the current market difficulties and capital available to invest in our core products and target healthcare markets,” said President and CEO Tim Pigg. “We will continue to seek acquisition opportunities to build upon Rotech’s platform in the future.” Rotech emerged from Chapter 11 bankruptcy protection in September 2013; Pigg took the reins in January of this year.