Skip to Content

Tag: Capital

Also Noted

Protech Home Medical raises more than $28.8 million

July 1, 2020HME News Staff

CINCINNATI - Protech Home Medical has closed its previously announced offering of about 25 million units at a price of $1.15 per unit for aggregate proceeds of about $28.8 million, which includes the exercise in full of the 15% over-allotment option. The company has also closed: its previously announced brokered private placement of 1.75 million units at the issue price for additional gross proceeds of about $2 million, and its non-brokered private placement of 927,825 units at the issue price for...

Capital, Offering, Protech Home Medical

Read Full Articlered right arrow icon

Also Noted

AdaptHealth raises capital

June 30, 2020HME News Staff

PLYMOUTH MEETING, Pa. - AdaptHealth has commenced a public offering of 6.5 million shares of its Class A common stock, subject to market and other conditions. In conjunction with the offering, the company intends to grant to the underwriters a 30-day option to purchase up to 975,000 additional shares of Class A common stock. AdaptHealth plans to use the net proceeds from the offering for general corporate purposes, including acquisitions and other business opportunities, capital expenditures and...

AdaptHealth, Capital, Public offering

Read Full Articlered right arrow icon

Also Noted

Univita Health secures $40M

March 18, 2015HME News Staff

MIRAMAR, Fla. - Univita Health has secured a credit facility of $40 million from Genstar Capital and a private lender, it announced March 17. The provider says it will use the credit facility to expand its roster of health plan partners. Currently, Univita has contracts with more than 20 Medicare Advantage and Medicaid plans in Florida, Georgia and Tennessee. Through those contracts, the provider manages care for more than 5 million members. In 2014 alone, Univita added 1 million members on Medicaid...

Capital, Univita Health

Read Full Articlered right arrow icon