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Tag: AdaptHealth


Also Noted

AdaptHealth adds director to board

October 4, 2021HME News Staff

PLYMOUTH MEETING, Pa. – AdaptHealth has appointed Greg Belinfanti to the company’s board of directors. Belinfanti is a senior managing director of One Equity Partners and will serve as the private equity firm’s designee on the board. “We appreciate OEP’s continued support and welcome Greg to the board of directors,” said Richard Barasch, chairman of the board. Belinfanti currently serves on the boards of Restorix Health and Ernest Health, and formerly served on...

AdaptHealth, Board of Directors, One Equity Partners, Private Equity


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Dank Starck

News

New alliance speeds up e-prescribing adoption

September 8, 2021HME News Staff

INDIANAPOLIS – A group of investors that includes AAHomecare, VGM & Associates, AdaptHealth, Apria Healthcare, Lincare and Rotech Healthcare have aligned to form DMEscripts, an independent e-prescribe company.  DMEscripts will use proprietary e-prescribe software to operate an open network for any DME supplier to join at no cost to prescribers and patients, the group says.  “I am thrilled at the collective energy of fellow industry leaders in embracing this digital transformation,...

AdaptHealth, Apria Healthcare, DMEScripts, e-prescribing, Lincare, Rotech


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In brief: Bacteria filters, buying preferences, home infusion bill

August 13, 2021HME News Staff

CAMBRIDGE, Mass. – Philips does not recommend using bacteria filters with CPAP/BiLevel devices as a means of mitigating chemical emission or particulate matter, it says in a new document related to a recent recall.  “Due to an influx of questions, additional information is being provided about the use of bacteria filters with CPAP/BiLevel devices,” the company states. “According to FDA regulation 868.5260, bacteria filters are medical devices that are intended to remove...

aahomecare, AdaptHealth, NCPA, PAMs, Philips Recall, VGM


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Also Noted

AdaptHealth to offer senior notes

August 11, 2021HME News Staff

PLYMOUTH MEETING, Pa. – AdaptHealth will offer $550 million aggregate principal amount of senior notes due 2030. The notes will be guaranteed by certain of the issuer’s current and future subsidiaries, as well as the issuer’s direct parent, AdaptHealth Intermediate Holdco LLC, on a senior unsecured basis. The company will use the net proceeds from the offering to repay the outstanding principal amount under the 12% promissory notes held by affiliates of Assured Investment Management...

AdaptHealth, Home Medical Equipment


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Also Noted

Short takes: Sunrise Medical, AdaptHealth

August 10, 2021HME News Staff

Sunrise Medical has rejoined AAHomecare as a Bronze Corporate Sponsor. “We can’t be more excited about our partnership with AAHomecare,” said Larry Jackson, president of Sunrise Medical North America. “Our company has always been committed to improving the lives of our consumers, providing them the solutions and technologies to live without limits. AAHomecare is an obvious and outstanding partner to support our efforts in advocating for our consumers and sharing with everyone...

aahomecare, AdaptHealth, Investor relations, Sunrise Medical


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Steve Griggs

Providers

Adapt Health reports increases

August 5, 2021HME News Staff

PLYMOUTH MEETING, Mass. – Adapt Health reported net revenue of $617 million for the second quarter of 2021, an increase of 166% over the second quarter in 2020.  Adjusted EBITDA was $147.4 million, a 246% increase; and adjusted EBITDA less patient equipment capex was $98.9 million, a 223% increase.  Organic growth for the quarter was 10.1%.  “Our business continues to grow organically as well as through strategic acquisitions in key markets, which complement our...

AdaptHealth, Financial Results


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In brief: Griggs takes reins, accessories need protection, Humana makes buy

June 18, 2021HME News Staff

PLYMOUTH MEETING, Pa. – Luke McGee has resigned from his positions as co-CEO and director of the board of AdaptHealth, and Stephen Griggs has been named CEO effective immediately.  Griggs, who is also a member of the board, joined AdaptHealth in February as co-CEO following the company’s acquisition of AeroCare Holdings, which he founded and led as president and CEO.  “Steve’s extensive management experience, along with health sector expertise and a proven...

AdaptHealth, Apria Healthcare, CRT Accessories, Luke McGee, NHIA, NSM, Viemed Healthcare, Virtis Health


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AdaptHealth names Griggs CEO

Providers

AdaptHealth names Griggs CEO

June 15, 2021HME News Staff

PLYMOUTH MEETING, Pa. – Luke McGee has resigned from his positions as co-CEO and director of the board of AdaptHealth, and Stephen Griggs has been named CEO effective immediately.  Griggs, who is also a member of the board, joined AdaptHealth in February as co-CEO following the company’s acquisition of AeroCare Holdings, which he founded and led as president and CEO.  “Steve’s extensive management experience, along with health sector expertise and a proven...

AdaptHealth, CEO, Investigation, Luke McGee, Steve Griggs


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Gary Sheehan

Providers

Gary Sheehan on industry’s shared vision

June 11, 2021Theresa Flaherty, Managing Editor

SANDWICH, Mass. – Just a year after forming through the merger of America's HealthCare at Home, Cape Medical Supply and Health Complex Medical, Spiro Health was acquired by AdaptHealth – and no one was more surprised than CEO Gary Sheehan.  “That was never part of the plan, but life happens,” he said. “We watched the merger of Adapt and AeroCare and have a ton of respect for both senior management teams. So, we took the call to discuss what it might look...

AdaptHealth, Cape Medical Supply, Gary Sheehan, Spiro Health


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Simplex tapped by network for enteral nutrition

May 18, 2021HME News Staff

AMBLER, Pa. – Simplex Health, a provider of medical nutrition therapies, and Axia Women’s Health, an independent women’s health group, have expanded their partnership to support gestational diabetes patients across Pennsylvania, New Jersey, Indiana, Ohio and Kentucky. As Axia’s trusted partner, Simplex will support gestational diabetes patients by offering nutrition counseling to lower glucose and insulin levels, manage carbohydrate and sugar intake, and more. Simplex will...

AdaptHealth, Axia Women's Health, Enteral Nutrition, Simplex Health


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