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Knueppel Healthcare to close

Knueppel Healthcare to close

MILWAUKEE - Knueppel Healthcare Services, citing unsustainable Medicare reimbursement, will close by the end of April, according to the Milwaukee Business News.

The provider, a third-generation family business, also cited competition from e-commerce as a reason for closing and laying off 44 employees.

“I've been doing it for close to 20 years now; I gave it my best,” William Knueppel told the newspaper. “On a personal level, I feel I let my father down (who passed in 2008). I feel bad that I can't continue the family business, but I know he would understand.”

William Knueppel's grandparents founded Knueppel in 1955 as a pharmacy and their son Richard Knueppel took over the business in 1972. Shield Healthcare bought the business in the 1980s, transitioning it to an HME company. Richard Knueppel bought the business back three years later, and then William Knueppel and Cindy Ciardo bought it in 2004.

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