Tag: AdaptHealth
Cybersecurity concerns run high
September 11, 2026Liz Beaulieu, Editor
YARMOUTH, Maine – Recent cybersecurity incidents at AdaptHealth and McKesson have put data security back in the home medical equipment (HME) spotlight. According to a recent HME Newspoll, 82% of respondents said they are either very concerned or somewhat concerned about cybersecurity threats facing their organizations.
AdaptHealth disclosed in July that it was investigating a security incident in which a threat actor gained unauthorized access to company systems and exfiltrated certain data....
AdaptHealth appoints new CFO
September 9, 2026HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth’s board of directors has named Harriss T. Currie as CFO. Currie will assume CFO responsibilities from Jason Clemens, who will assist with the transition through Oct. 1, 2026. Currie previously served as the CFO for Luminex Corp for more than 15 years until its sale to DiaSorin in 2021. He has more recently held CFO roles at Health Track Rx from 2025 to 2026 and Impulse Dynamics from 2022 to 2023. He also served as president of the Regenerative Medicine...
Cardinal Health sees more runway in fragmented at-home medical supplies market
August 12, 2026Liz Beaulieu, Editor
DUBLIN, Ohio – Cardinal Health says its acquisitions of Strive Medical and AdaptHealth's diabetes business are expected to add about two percentage points of growth to its Other segment in fiscal year 2027.
Officials say the company recently completed its acquisition of Strive Medical and it expects to complete its acquisition of AdaptHealth’s diabetes business sometime in the second half of the year.
The deals strengthen Cardinal Health's position in the growing at-home...
AdaptHealth cites supplier, contract challenges in second-half outlook
August 7, 2026Liz Beaulieu, Editor
CONSHOHOCKEN, Pa. – AdaptHealth's disclosure that an unexpected manufacturer price increase will have a $30 million impact in the second half became a focal point for analysts during the company's second-quarter earnings call.
CEO Suzanne Foster said a manufacturer notified AdaptHealth on June 30 that it was terminating its contract with the company and implementing an immediate price increase effective July 1.
“We are actively working with the manufacturer to secure improved...
AdaptHealth lowers outlook as new contract, manufacturer costs pressure margins
August 4, 2026HME News Staff
CONSHOHOCKEN, Pa. – AdaptHealth expanded two key payer relationships in the second quarter, completing the first full quarter under a capitated agreement with a large national integrated delivery network and signing a new agreement with Humana OneHome in South Florida and Texas to service about 478,000 members.
AdaptHealth says that the complexity of getting the first contract fully at run rate, coupled with an unexpected price increase from one of its manufacturers, impacted its margins...
In brief: Molina pauses, AdaptHealth lowers, Viemed grows, CMS finalizes
July 31, 2026HME News Staff
OMAHA, Neb. – Molina Healthcare of Nebraska is “briefly postponing” its planned Sept. 1 launch of a new DME Navigator platform operated by CareCentrix and Optum for members in all lines of business.
“Additional details and a new timeline for implementation will be announced soon,” Molina stated in a July 28 update. “Providers should continue conducting business with Molina as you do today, including the processes, procedures and systems used today to submit...
Cardinal Health expands supplies business with two tuck-in acquisitions
July 20, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health will acquire the diabetes business of AdaptHealth and all of Strive Medical, a provider specializing in urology supplies, for about $360 million cash. This follows the company’s acquisition of Advanced Diabetes Supplies (ADS) in 2025.
"These strategic transactions build on the synergies created by our recent investments in home care," said Jason Hollar, CEO, Cardinal Health. "As a natural extension of our at-Home Solutions growth strategy,...
AdaptHealth reports cybersecurity attack
July 6, 2026HME News Staff
CONSHOHOCKEN, Pa. – AdaptHealth is investigating a security incident whereby a threat actor gained unauthorized access to company systems and exfiltrated certain data, according to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC).
The company says that upon learning of the incident, it promptly activated its incident response procedures, launched the investigation with the support of external advisors and cybersecurity experts to assess and contain the threat and notified...
NYC Care marks successful first year for DME program
May 7, 2026HME News Staff
NEW YORK – NYC Care in its first year supported 2,652 patients with low- and no-cost durable medical equipment (DME) to support increased autonomy, reduced risk of injury, improved quality of life, and better pain management. NYC Care members access low- and no-cost DME like CPAP machines and associated accessories, diabetes-related supplies, mobility devices, and urinary supplies through its exclusive partner AdaptHealth. “Since we launched the durable medical equipment benefit last...
AdaptHealth sets stage for ‘defining year’
May 5, 2026HME News Staff
CONSHOHOCKEN, Pa. – AdaptHealth reported revenue of $819.8 million for the first quarter ended March 31, 2026, an increase of 5.4% over the same period the prior year.
Other financial results
Organic revenue growth of 9.1%, with growth across each of the reportable Segments.
Net loss attributable to AdaptHealth Corp. was $16.0 million compared to net loss of $7.2 million.
Adjusted EBITDA was $121.2 million compared to $127.9 million, a decrease of 5.3%.
Cash flow from operations...