Tag: apria
In brief: Aeroflow’s acquisition, Roche’s settlement, Apria’s share price
February 12, 2021HME News Staff
ASHEVILLE, N.C. – Aeroflow Healthcare has entered into a definitive agreement to buy Wheeling, West Va.-based Family Medical Supply.
Family Medical Supply, founded in 1991, services West Virginia and the greater Ohio Valley with a product portfolio that includes HME and incontinence supplies.
“The acquisition of Family Medical Supply is an exciting step in Aeroflow’s ongoing strategy to grow through acquisition,” said Casey Hite, CEO of Aeroflow....
Apria announces share price
February 11, 2021HME News Staff
INDIANAPOLIS – Apria shares are expected to begin trading today at $20 per share. Its initial public offering is 7.5 million shares of its common stock, trading on NASDAQ under the symbol “APR.” The company in January signaled its intent to go public when it filed a form S-1 with the Securities and Exchange Commission. The offering is expected to close on Feb. 16, 2021, subject to customary closing conditions.
Apria preps for IPO
January 18, 2021HME News Staff
LAKE FOREST, Calif. – Apria on Jan. 15 filed a Form S-1 with the Securities and Exchange Commission, a step it must take before filling an initial public offering.
Apria says it intends to list its shares of common stock on the Nasdaq Global Select Market under the symbol “APR.” After completing its offering, Blackstone Group will continue to own a majority of the voting power of shares, according to the form.
Apria discloses that it served nearly 2 million...
Top CEOs: Rein in administrative spending
September 25, 2020Tracy Orzel
YARMOUTH, Maine?- The best way to improve margins in an industry that suffers from constant pricing pressure is by reducing administrative burdens, said panelists during a recent discussion on “Post-pandemic: The rise of post-acute care.” “Everybody has way too many people involved in paper processing and billing and collections, rather than helping patients,” said Dan Starck, CEO of Apria Healthcare, during the virtual HME News Business Summit, Sept. 15-17. “And I'm...
Bill Guidetti: 'These are challenging times, but we are highly engaged'
July 17, 2020Theresa Flaherty, Managing Editor
YARMOUTH, Maine - AAHomecare's new chairman, Bill Guidetti, has a list of priorities, but at the top of the list: putting a stop to competitive bidding while the HME industry continues to operate under the constraints of the COVID-19 pandemic.“This pandemic has compromised the industry—a lot of things have changed,” said Guidetti, who is also executive vice president at Apria Healthcare.Guidetti was a guest on the “HME News in 10” podcast recently and talked about how...
In brief: Centene, WellCare merger finalized; Aeroflow partners with network
January 24, 2020HME News Staff
ST. LOUIS - Centene Corp. has completed its acquisition of WellCare Health Plans, creating what it calls the leading healthcare enterprise focused on government-sponsored healthcare programs.Centene now provides health care to more than 24 million members across 50 states, or one in 15 people across the nation."We are pleased to have completed this transformational acquisition to create a leading healthcare enterprise committed to helping people live healthier lives through access to high-quality...
Apria turns to Absolute
January 24, 2020HME News Staff
LAKE FOREST, Calif. - Apria Healthcare now leverages Absolute to ensure endpoint security across more than 8,000 devices and to help achieve HIPAA compliance, according to a press release from the tech company. Apria has turned to Absolute's Persistence technology for zero-touch IT asset management. The technology, the foundation of the company's Resilience solution, enables a “self-healing, unbreakable two-way connection to endpoints, applications and data.” It provides an adaptive layer...
In brief: White paper makes case for vents, bid website sees spike in traffic
July 26, 2019HME News Staff
WASHINGTON - A work group of the AAHomecare HME/RT Council has published a white paper demonstrating the value of non-invasive ventilators.The paper also outlines the cost for suppliers to provide NIV, supplies and services to medically complex patients in the home, and features testimonials from two users.“As a group of dedicated professionals working everyday with patients who require non-invasive ventilation and clinical services to live at home with a good quality of life, we want to express...
Apria goes nat'l with Medela's NPWT line
November 2, 2018HME News Staff
MCHENRY, Ill., and LAKE FOREST, Calif. - Medela has announced that Apria Healthcare will begin distributing its negative pressure wound therapy product line nationwide.
Per the terms of the agreement, Apria will expand its wound care portfolio to include the full line of Medela's negative pressure wound therapy products, including its Invia NPWT System with FitPad.
“By offering a united front, these two companies can help remove the complexities that occur in coordinating patient care from...
In brief: Arcadia, Amazon launch Choice; Apria goes nat'l with Medela
November 2, 2018HME News Staff
SEATTLE - Arcadia Group has launched an Amazon-exclusive brand of consumer-use medical devices for diabetes and hypertension management.The Choice brand will start with a range of blood glucose and blood pressure monitors, both with supporting mobile apps offering tracking, data mobility and reminders.“The Choice brand is all about accessible wellness,” said Bob Guest, CEO of Arcadia Group. “Consumers no longer need to drive to a store to stand in line and purchase their medical...