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In brief: Mum’s still the word at CMS, Drive makes buy

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01/13/2017

WASHINGTON – Industry stakeholders were still waiting for word from CMS at press time on Friday on how the agency plans to retroactively delay a second round of reimbursement cuts in non-competitive bidding areas.

Capitala Finance exits investment in Drive Medical

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01/06/2017

CHARLOTTE, N.C. – Capitala Finance Corp. has exited its investment in Medical Depot, doing business as Drive Medical, netting a realized gain of about $5 million with a cumulative cash-on-cash return of 4.7x, it has announced.

In brief: Drive explains sale, ResMed and F&P trade lawsuits

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08/19/2016

PORT WASHINGTON, N.Y. – Drive Medical has sent a letter to its customers in response to reports that private equity firm Clayton, Dubilier & Rice is close to buying the company.

Drive Medical: ‘It is business as usual’

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08/16/2016

PORT WASHINGTON, N.Y. – Drive Medical has sent a letter to its customers in response to reports that private equity firm Clayton, Dubilier & Rice is close to buying the company.

In brief: PE firm buys NSM, another firm close to buying Drive

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08/12/2016

FRANKLIN, Tenn. – National Seating & Mobility has entered into a definitive purchase agreement with Court Square Capital Partners, a New York-based private equity firm.

Moneyline: Drive Medical seeks buyer, EZ-Access makes buy

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06/03/2016

PORT WASHINGTON, N.Y. – Drive Medical has hired an investment bank to explore and carry out a potential sale of the company, according to PE Hub.

Drive Medical seeks buyer

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06/02/2016

PORT WASHINGTON, N.Y. – Drive Medical has hired an investment bank to explore and carry out a potential sale of the company, according to PE Hub.

Reporter's notebook: The year in most read stories

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01/22/2016

YARMOUTH, Maine – All eyes were on the big guns—Drive Medical, Invacare, Inogen and ResMed—in 2015.

Or so it would appear, according to the five most read vendor stories for the year.

The year's most read vendor stories

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Wednesday, January 6, 2016

All eyes were on the big guns—Drive Medical, Invacare, Inogen and ResMed—in 2015.

Or so it would appear, according to the five most read vendor stories for the year.

In brief: CMS backpedals on miscellaneous codes, posts DMEPOS data dump

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10/09/2015

BALTIMORE – CMS has scrapped plans to discontinue several codes for miscellaneous DME.

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