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Rotech announces layoffs


ORLANDO, Fla. – Despite “momentum” from a string of acquisitions, Rotech Healthcare plans to lay off 90 employees by Oct. 9.

In brief: Obama nominates CMS chief, Circadiance and Rotech make buys


WASHINGTON – President Barack Obama last week nominated Andrew Slavitt as CMS administrator, according to news reports.

Slavitt has been acting administrator for CMS since Marilyn Tavenner stepped down in February.

Rotech continues momentum


ORLANDO, Fla. – Rotech has purchased the respiratory equipment assets of Alert Medical in Fort Myers and Naples, Fla. “The momentum continues,” said CEO Tim Pigg in a release.

In brief: Background checks expand to Medicaid, Rotech loses bid


WASHINGTON – Providers who CMS considers to be at high risk of defrauding Medicaid should expect fingerprint-based background checks on Aug. 1, the National Law Review reports.

Lincare joins Rotech, AeroCare on M&A trail


CLEARWATER, Fla. – Lincare keeps things close to the vest, but the provider is rumored to be on the acquisition trail.

Rotech continues buying streak


ORLANDO – Rotech Healthcare has purchased the respiratory assets of a local DME provider in the Gulfport, Miss., area. “We are pleased to expand our existing services in the Gulfport area,” said CEO Tim Pigg in a press release.

In brief: Rotech, Aerocare strike again


ORLANDO, Fla. – Rotech has made its second acquisition in as many months: the respiratory equipment assets of a company in Natchitoches, La. The name of the company was not disclosed.

Rotech ready to expand


ORLANDO, Fla. – Rotech Healthcare last week announced its first acquisition in several years and the company has indicated that’s only the beginning.

Has there been a free fall in M&A activity by the nationals?

Wednesday, August 13, 2014

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.

New Rotech CEO talks strategy


ORLANDO, Fla. – Rotech Healthcare is speeding up turnaround plans, with a new CEO and some “aggressive goals.”