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Quipt establishes ‘scalable playbook’ with $1.6M acquisition

July 7, 2025HME News Staff

CINCINNATI – Quipt Home Medical has acquired a full-service durable medical equipment (DME) provider serving more than 12,500 patients annually from four branch locations across east Tennessee and southwest Virginia. The price tag: $1.6 million plus the value of accounts receivable and inventory at closing. The provider is wholly owned by Ballad Health, a 20-hospital health system that serves 29 counties of the Appalachian Highlands in northwest Tennessee, southwest Virginia, northwest...

Ballad Health, Mergers & Acquisitions (M&A), Quipt Home Medical