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M&A market holds steady in 2016

Manufacturers pulled out their checkbooks, and niche providers thrived
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01/06/2017

YARMOUTH, Maine – The pace of acquisitions slowed down a bit in 2016, but overall it was a decent year for buyers, say analysts.

Numotion expands reach in Carolinas

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01/06/2017

BRENTWOOD, Tenn. – Numotion has acquired the complex rehab division of Charlotte, N.C.-based BlueDot Medical, extending its reach and capacity in the Carolinas.

In brief: Coloplast buys Comfort Medical for $160M, senators introduce bill to preserve access to diabetes supplies

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12/02/2016

MINNEAPOLIS – Coloplast, which has its U.S. headquarters here but is based in Denmark, has entered into a definitive agreement to acquire Coral Springs, Fla.-based Comfort Medical for $160 million in cash, the company announced Nov. 30.

Numotion adds to online offerings

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12/01/2016

BRENTWOOD, Tenn. – Numotion now offers RibGrips through shopnumotion.com.

In brief: Judge blocks overtime rule; Lincare, InfuSystem face legal action

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11/23/2016

WASHINGTON – A federal judge in Texas on Nov. 22 blocked a new overtime rule from going into effect on Dec. 1. The rule would require employers to pay overtime for more than 40 hours of work per week for all employees earning up to $913 per week or $47,476 per year. The current threshold: $455 per week or $23,660 per year. The judge, Amos L. Mazzant III of the Eastern District of Texas, ruled that the Obama administration had exceeded its authority by raising the overtime salary limit so significantly. The Labor Department says it “strongly disagreed” with the decision and was “considering all of our legal options,” raising the possibility of an appeal, according to The New York Times. While the injunction is only a temporary measure that suspends the rule until the judge can issue a decision on the merits, his language indicates he will likely strike down the rule, the Times reported.

Numotion nearly doubles size of facility

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11/22/2016

CAPE GIRARDEAU, Mo. – Numotion has relocated and expanded its Southeast Missouri branch, according to the Southeast Missourian.

Numotion finds perfect fit with HME of Texas

CEO says complex rehab giant has ‘healthy pipeline’
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11/18/2016

ROCKY HILL, Conn. – Numotion has checked off a lot of wants and must-haves on its acquisition wish list with its purchase of Home Medical Equipment of Texas in November.

Numotion makes inroads into Texas

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11/08/2016

FORT WORTH, Texas – Numotion has acquired Home Medical Equipment (HME) of Texas to extend its reach and capacity in the state. HME of Texas has been in business for more than 20 years, serving all of Texas from its location in Fort Worth.

Numotion joins e-commerce ranks

‘There has to be a different way for people to access these products and this is the first step for us’
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09/30/2016

ROCKY HILL, Conn. – Numotion has joined the e-commerce market with the launch of its new online store, www.shopnumotion.com.

In brief: Inogen increases revenue guidance, Philips enters new era

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08/05/2016

GOLETA, Calif. – Inogen last week reported double-digit increases in total revenues and net income for the second quarter ended June 30, 2016.

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