Rotech

YARMOUTH, Maine – A pair of recent M&A transactions on opposite coasts illustrates what analysts have long predicted: Competitive bidding will drive market consolidation, they say.

With prices on the downswing, companies need to build scale, say analysts.

WILMINGTON, Del. – Under pressure from shareholders, Rotech Healthcare has informed the U.S. Bankruptcy Court that, in addition to its plans to reorganize, the company seeks a buyer.

ORLANDO, Fla. – Rotech Healthcare announced late on Friday that it plans to restructure and reorganize under Chapter 11 of the U.S. Bankruptcy Code.

ELYRIA, Ohio – Carl Will will leave his post as Invacare’s senior vice president of global commercial operations by the end of this year.

LAKE FOREST, Calif. – Apria Healthcare continues to see the biggest gains in its home infusion division.

ORLANDO, Fla. – Rotech Healthcare on Nov. 14 reported net revenues of $113.8 million for the third quarter this year compared to $122.4 million for the same period last year. Net loss was $12.8 million vs. $2 million. 

LAKE FOREST, Calif. – Apria Healthcare in August reported net revenues of $607.7 million for the three months ended June 30, 2012, compared to $576.3 million for the same period last year. It reported net losses of $12.7 million vs. $9.4 million.

ORLANDO, Fla. – Rotech Healthcare last week reported net revenues of $116.5 million for the second quarter compared to $121.9 million for the same period last year. Net loss was $13.5 million vs. $2.5 million.

ORLANDO, Fla. – Rotech Healthcare this week reported net revenues of $116.5 million for the second quarter compared to $121.9 million for the same period last year. Net loss was $13.5 million vs. $2.5 million.