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Tag: Adapt Health


Providers

Adapt Health reports ‘outstanding’ growth

November 4, 2021HME News Staff

PLYMOUTH MEETING, Pa. – Adapt Health reported net revenue of $653.3 million for the third quarter of 2021, a 130% increase compared to the same quarter in 2020.  Net income attributable to AdaptHealth was $58.1 million for the quarter, compared to a net loss of $51.0 million during the same quarter in 2020. Adjusted EBITDA was $156.3 million, compared to $53.2 million in the third quarter of 2020; and adjusted EBITDA less patient equipment capex was $106.1 million, compared to $35.9...

Adapt Health, Home Medical Equipment, Steve Griggs


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Steve Griggs

Providers

Adapt Health on diabetes market: ‘The goal is to take market share’

August 6, 2021Theresa Flaherty, Managing Editor

PLYMOUTH MEETING, Mass. – Adapt Health’s diabetes platform is its fastest growing segment at a growth rate of 10% to 12%, said company execs during a call to discuss the company’s second quarter earnings.  The diabetes business had total net revenue of $126.5 million for the second quarter of 2020.  “We’ve been in diabetes a year, and it’s been great out of the gate,” said Josh Parnes, president. “The goal over time is to take market...

Adapt Health, Home Medical Equipment, Steve Griggs


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Providers

AdaptHealth reports 'near record' number of acquisitions, increases outlook

February 25, 2020HME News Staff

PLYMOUTH MEETING, Pa. - AdaptHealth reported net revenue of $149.5 million for the fourth quarter ended Dec. 31, 2019, a 38% increase over the same period last year.The provider reported a net loss of $3.4 million for the quarter, including $5.3 million of equity-based compensation and $7.8 million of transaction costs, primarily related to the merger with DFB.For 2019, AdaptHealth reported net revenue of $529.5 million, a 53% increase.It reported a net loss of $15 million for the year, including...

Acquisitions, Adapt Health, Financial Results


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