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Home Health Depot pulls trigger

‘We’re in a very good market to sell’
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07/14/2017

INDIANAPOLIS – With the economy humming and private equity money flowing, Home Health Depot’s Nate Feltman says the time was right to sell the last of the company’s business to Clearwater, Fla.-based Lincare.

Home Health Depot sells to Lincare

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07/12/2017

INDIANAPOLIS – It began shedding business segments three years ago and now Home Health Depot has sold what’s left to Clearwater, Fla.-based Lincare, according to the Indiana Business Journal.

LifeCare Solutions leaves California

Bid rates are ‘unsustainable,’ says company’s CEO
 - 
07/07/2017

PHOENIX – LifeCare Solutions has begun transitioning patients as it prepares to exit the California market, says company exec Robert Fahlman.

Reporter’s notebook: Want to succeed at retail? Keep ‘em coming back

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06/26/2017

LONG BEACH, Calif. – Along with sales growth, there’s another important retail metric Wayne Slavitt also tracks: repeat business.

Retail sales up

‘Relying on the insurance model is yesterday’s news’
 - 
06/26/2017

Business is booming for two HME providers who focus on retail.

“Year to year, we are running 15% over last year,” says Wayne Slavitt, founder & CEO of Mobul in Long Beach, Calif. “Relying on the insurance model is yesterday’s news.”

Moneyline: TwelveStone draws $3.5M in funding, ARI sells to PE firm for $140M, NSM expands presence in Texas

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06/23/2017

MURFREESBORO, Tenn. – TwelveStone Health Partners, a provider of pharmacy, infusion and enteral, respiratory and DME services, has secured $3.35 million in funding from Nashville, Tenn.-based private-equity firm Claritas Capital.

Cyber attacks? Providers say they’re armed

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06/09/2017

YARMOUTH, Maine – A recent ransomware attack on healthcare organizations in more than a dozen countries served as reminder to HME providers of the importance of investing in cyber security.

‘You’ve got to build muscle if you are going into a fight,’ says George Kucka

Wise words from winner of AAHomecare/Mal Mixon Legislative Advocate Award
 - 
06/02/2017

SCHERERVILLE, Ind. – Provider George Kucka launched his first HME company in 1985. By 1990 or so, it was obvious that if he wanted to depend on the entitlement program as a source of revenue he would have to stay on top of things.

QMES secures more financing

 - 
06/02/2017

NEW YORK – HME platform company QMES has obtained a second round of financing from CIT Group.

Ryan French has knack

‘I’ve always had that ability to use a program and figure out how it works and why it works’
 - 
05/23/2017

When Ryan French first started working at Jim’s Pharmacy & Home Health two-and-a-half years ago, the provider was still using a phone message book to jot down customer special orders.

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