Lincare buys company, lays off 70 employees

Saturday, April 30, 2005

LAWRENCE, Kansas -- Lincare acquired an innovative HME company from Rotech founder, Bill Kennedy, and laid off roughly 70 full-time call center employees here last week. Lincare closed the deal for Home Oxygen 2-U about a month ago. Beyond confirming the acquisition, Lincare declined to comment, as did Kennedy. A handful of employees still staff the call center, and a chance exists that Lincare, which extended the call center's lease for four years, could rehire some of those laid off, reported a local news source.Home Oxygen 2-U developed a business strategy that combined consumer advertising with oxygen technology designed to reduce deliveries and reduce operational costs.