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AdaptHealth reports ‘near record’ number of acquisitions, increases outlook


PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $149.5 million for the fourth quarter ended Dec. 31, 2019, a 38% increase over the same period last year.

Permobil consolidates websites


NASHVILLE, Tenn. – Permobil has a new website that features its entire product portfolio—not only power wheelchairs, but also seating and positioning products, and manual wheelchairs—in one place.

In brief: Rotech ‘ready to assist,’ Universal Software makes buy


ORLANDO, Fla. – Rotech Healthcare announced last week that it has received contract offers for general HME and standard mobility for all 117 competitive bidding areas as part of the Round 2 re-compete.

Rotech announces layoffs at billing center

‘It’s a strategic move,’ says president and CEO

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

Oncologix updates on earnings


LAFAYETTE, La. – Oncologix, a diversified medical holding company with operating divisions in medical devices, healthcare services and DME sales and distribution, expects to grow annualized revenues to $25 million by the end of 2015, it announced April 14.

FullCircle hires marketing company


SHELBYVILLE, Ky. – FullCircle Registry has engaged a marketing company to distribute company information to stockholders and the investment community.

DHS gets Progressive


HARRISBURG, Pa. – Dynamic Healthcare Services (DHS), a portfolio company of GMH Ventures, a Newtown, Pa.-based private equity group, has continued its string of acquisitions into 2014.

Brightree adds ‘nimble providers’ with MedAct buy

Also gets office footprint in central U.S.

ATLANTA – Brightree has acquired McKinney, Texas-based MedAct, adding 330 HME providers to its customer base.

M&A: ‘Protect the mothership’


ORLANDO, Fla. – All around us, HME companies are buying, selling, merging and generally moving forward with some sort of plan, says Jonathan Sadock.

With breathing space, Rotech prepares to execute

Company seeks to make acquisitions, build managed care biz

ORLANDO, Fla. – Rotech Healthcare emerged from Chapter 11 bankruptcy Sept. 27, and it isn’t looking back.

The company plans to evolve with the industry, says CEO Steve Alsene.