Tag: Nationals

CLEARWATER, Fla. - Lincare, a U.S. subsidiary of The Linde Group, has closed on its acquisition of Brentwood, Tenn.-based American HomePatient, it announced today.Lincare announced its plans to buy AHP in December, pending requisite approvals from U.S. regulatory authorities.“The acquisition strengthens Linde's growth in the promising homecare market and reinforces the company's position as global leader in this area of healthcare services,” the company stated in a press release.AHP will...

CLEARWATER, Fla. - Lincare is in discussions to buy Brentwood, Tenn.-based American HomePatient from investment firm Highland Capital Management, Bloomberg reported Oct. 23.A deal could be announced as early as this week, according to people familiar with the deal.If Lincare buys American HomePatient, it would be one of three remaining nationals in the HME industry, with Apria Healthcare and Rotech Healthcare.AHP has reportedly been on the market since last year. The Deal, a publication that offers...

YARMOUTH, Maine - M&A activity picked up a bit in the second quarter as the HME industry reshapes itself into a more and more segmented market, say analysts.“The respiratory guys want respiratory, but they don't want the low-end DME products,” said Don Davis, president of Duckridge Advisors. “They'll take them, but they aren't paying for them.”The “hot” segments currently being targeted: oxygen and sleep therapy, and supplies, said Rick Glass, president of Steven...

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:...

ROCKY HILL, Conn., and FRANKLIN, Tenn. - The capped rental rule will squeeze cash flow and generate more paperwork, national mobility providers say, but it's not altering their strategies just yet.The rule, which went into effect in April, requires providers to send claims to Medicare and secondary payers each month of a 13-month rental period to receive full payment.“There may be a time in the future where we have to assess what products we put out the door,” said Kevin Harmon, vice...