Tag: Mergers & Acquisitions (M&A)
Buyers reward strong fundamentals as M&A accelerates
October 16, 2026Theresa Flaherty
YARMOUTH, Maine – Buyers continue to show strong interest in home medical equipment (HME) companies, but analysts say heightened due diligence and competitive bidding concerns are making them more selective.
Buyers focus on strong fundamentals
There are “billions” of dollars in acquisition capital available, but buyers are conducting deeper financial, operational, legal and compliance due diligence than ever before, says Jonathan Sadock, president of Paragon Ventures.
Paragon...
AWG bets on scale, local care in HME expansion strategy
October 9, 2026Theresa Flaherty
WASHINGTON – America Wellness Group (AWG) plans to use its acquisition of New Hampshire Medical Supply (NHMS) as the first step in building a larger home medical equipment (HME) platform that combines its centralized operations with locally focused patient care, says CEO Marcio Lima.
Lima, who began exploring investment opportunities in health care about a year ago, said the HME industry's complex reimbursement environment and regulatory requirements – often viewed as obstacles...
SuperCare Health looks ahead to growth, succession after Excellere deal
October 7, 2026Theresa Flaherty
CITY OF INDUSTRY, Calif. – Backed by new ownership and an upcoming leadership transition, SuperCare Health is positioning itself for its next phase of growth, with plans to expand its respiratory care footprint, invest in technology and pursue strategic acquisitions.
SuperCare, which was founded in June 1974 as a small pharmacy, eventually expanding into home medical equipment (HME), was recently acquired by Excellere Partners, a Denver-based private equity firm focused on health care,...
McKesson, CD&R to buy Option Care for 37% premium
October 6, 2026HME News Staff
NEW YORK and IRVING, Texas – McKesson and CD&R will acquire Option Care Health for $32.05 per share, reflecting a total enterprise value of $5.8 billion. CD&R will hold a majority stake, and McKesson will hold a minority stake.
The transaction value represents a premium of about 37% to Option Care Health’s closing share price on Oct. 5, 2026, the last full trading day of the company’s common stock prior to the announcement.
In line with McKesson’s strategic objectives
The...
Inogen to sell U.S. oxygen rental biz to Rotech Healthcare
October 1, 2026HME News Staff
BEVERLY, Mass. – Inogen has signed a definitive agreement to sell its U.S. oxygen rental business to Rotech Healthcare for a total estimated cash consideration of up to $25 million.
Separately, Inogen has also signed a new, long-term supply agreement with Rotech that it believes will accelerate patient demand and access to Inogen’s oxygen concentrators through Rotech’s national distribution network.
Following these transactions, Inogen says it will operate through a simpler,...
America Wellness Group makes platform play with NHMS acquisition
September 28, 2026HME News Staff
WASHINGTON – America Wellness Group (AWG) has acquired New Hampshire Medical Supply (NHMS), a Washington, D.C.-based independent home medical equipment (HME) provider, with plans to build a national platform.
"This is our first acquisition in the HME segment, and it was deliberately chosen to be the first of many," said Marcio Lima, CEO of AWG. "We're building a national home medical equipment platform, one exceptional local operator at a time."
Founded in 1962,...
Hanger Numotion to scale growth, impact
September 25, 2026Liz Beaulieu, Editor
AUSTIN, Texas, and BRENTWOOD, Tenn. – A combined Hanger and Numotion will be better positioned to invest in new technologies, expand into new markets and, ultimately, serve more people with mobility-related disabilities, says Mike Swinford.
The two companies announced Sept. 10 that they would merge to form Hanger Numotion, with Swinford serving as CEO.
“The more we scale, the more we can grow to, ultimately, serve more individuals,” he said. “We have...
Reliable Medical buys Freedom in Mobility
September 16, 2026HME News Staff
NASHVILLE, Tenn. – Reliable Medical has acquired Huntsville, Ala.-based complex rehab technology (CRT) provider Freedom in Mobility, deepening its coverage across Alabama and Tennessee.
Charles Sargeant, CEO of Reliable Medical, says Freedom in Mobility’s “Mobility Made Simple” philosophy is a natural extension of Reliable Medical’ s patient-first approach.
“(Teresa Glass Owens, president,) and Forrest have built an exceptional CRT provider with the clinical...
Hanger, Numotion to merge
September 10, 2026HME News Staff
AUSTIN, Texas – Hanger, Inc. and Numotion plan to merge, forming Hanger Numotion, with Mike Swinford as CEO.
The companies say this strategic merger will create a scaled North American platform with complementary capabilities across orthotics and prosthetics (O&P), complex rehab technology (CRT) and other mobility and independence solutions. Together, they will serve more than 1.5 million patients annually through Hanger’s 925 O&P clinics in the U.S. and Numotion’s 200-plus locations...
Medically Modern accelerates payer strategy with acquisition of Mid-Island Medical Supply
September 8, 2026HME News Staff
NEW YORK – Medically Modern, a nationwide provider of continuous glucose monitors (CGMs), insulin pumps and related diabetes supplies, has acquired Wantagh, N.Y.-based Mid-Island Medical Supply, expanding the company’s insurance coverage from Medicare only to nearly every major commercial and public payer.
Through the transaction, Medically Modern acquired active payer contracts with Aetna, Cigna, Humana, Anthem Blue Cross Blue Shield, Fidelis Care, the NYSHIP Empire Plan, New York...