Tag: Mergers

Q. Is the timing right to sell my business?  A. This question sparked my interest because on the night of Dec. 21, 2020, the winter solstice, Jupiter and Saturn will form the “Great Conjunction.” They will be in alignment closer together – just 0.1 degree apart – than they have been in nearly 800 years. (They align every 20 years or so, but this is the closest.)  Only you and your adviser can assess your specific timing, but several “planets”...

WASHINGTON - The National Community Pharmacists Association (NCPA) supports today's hearing examining the consolidation in the healthcare marketplace, conducted by the House of Representatives Subcommittee on Regulatory Reform, Commercial and Antitrust Law. Of particular concern: the proposed Anthem-Cigna and Aetna-Humana mergers. “Policymakers cannot allow the 'merger mania' gripping the nation to proceed in a way that harms patients and the community pharmacists who serve them,” said...

You bet, says Dexter Braff. In this latest sneak peek of The Braff Group M&A Insider, which will appear in the September issue of HME News, we take a look at deal trends by the nationals from 2001 to 2013. 09 DB tbg.jpg Here's a specific breakdown of the activity of Rotech, Lincare and Apria Healthcare during that 13-year span, based on data collected by The Braff Group: 2001 Rotech: 0 Lincare: 18 Apria: 8 2002 Rotech: 0 Lincare: 26 Apria: 18 2003 Rotech: 1 Lincare: 13 Apria: 27 2004 Rotech:...

HIGH POINT, N.C. - Advanced Home Care and Macon, Ga.-based Central Georgia Home Care Services have merged, the providers announced this week.Central Georgia Home Care Services, a provider of home medical equipment, home infusion and specialty pharmacy services to a 20-county region of central Georgia, will become a branch of Advanced Home Care.The merger allows Advanced Home Care, which has already partnered with 13 other health systems and hospitals, to further strengthen its presence in the Southeast.It...

WATERLOO, Iowa - The VGM Group and The van Halem Group have merged, allowing the member services organization to offer “an array of mission-critical professional services” related to audits.“They are the recognized leader in the audit defense field and our members will benefit greatly from this association,” stated Van Miller, CEO and founder of VGM, in a press release.The van Halem Group is now a division of VGM. Its headquarters will remain in Atlanta, and Wayne van Halem...

You may have noticed that The Braff Group Index on our Databank page in the print issue looks a little bit different these days. In the index, we used to track the stock performance of 38 companies in seven key healthcare service sectors: home medical equipment, home health services, specialty pharmacy, hospitals, long-term care, e-health and healthcare staffing. But there are so few public companies in the HME industry nowadays—most recently Apria Healthcare announced it would no longer file...

ORLANDO, Fla. - All around us, HME companies are buying, selling, merging and generally moving forward with some sort of plan, says Jonathan Sadock.“Doing nothing is not an option,” said Sadock, managing partner/CEO of Paragon Ventures during his session, “Exploring Strategic Options—Developing M&A Strategies for Healthcare Reform,” on Wednesday.What's propelling providers into action? While it may seem like dark days right now for the industry, HME is here to stay,...

I had two super interesting conference calls this week with the speakers for two panel discussions at the HME News Business Summit—one on big data; the other on life after the deal. I'm really wowed by the experience and the knowledge of these speakers, and I think you will be, too. A little bit of background, in case you haven't poured over the education program for this year's Summit like I have. The session on big data will address 1.) the trend of analytics in health care at large and 2.)...

DUBLIN, Ireland - Mergers and acquisitions in the medical equipment industry, along with asset transactions, were down 14% in the first quarter of 2013, according to a report from Research and Markets, a global market research firm. There were 139 deals in the first quarter of 2013, compared to 162 deals in the same quarter of 2012, the report noted. The fourth quarter of 2012 saw 164 deals close. “Deal activity slowed as companies have been apprehensive about their investments owing to macroeconomic...