Tag: Compass Health Brands
Drive Medical signals aggressive growth strategy with Compass acquisition
February 4, 2026Liz Beaulieu, Editor
PORT WASHINGTON, N.Y. - With its recently announced acquisition of Compass Health Brands, Drive Medical is “just getting warmed up” under its new ownership, says CEO Derek Lampert.
Kingswood Capital Management, a Los Angeles-based private equity firm, announced in October that it had signed a definitive agreement to buy Drive Medical from Clayton, Dubilier and Rice (CD&R).
Just three months later, Drive Medical announced...
Drive Medical to buy Compass Health Brands to broaden offerings
January 28, 2026HME News Staff
PORT WASHINGTON, N.Y. - Drive Medical has signed a definitive agreement to acquire Compass Health Brands, a supplier of branded and private-label consumer medical products, including ProBasics, Carex and TheraMed.
Drive Medical says the acquisition further strengthens its product portfolio and expands its ability to serve retailers, consumers and health care providers with solutions across the continuum of care.
“This...
Urgent recall issued for TrueAire-5 oxygen concentrator
February 6, 2025HME News Staff
WASHINGTON – The U.S. Food and Drug Administration has issued an urgent recall for the JMCC5A Ni/TruAire-5 Oxygen Concentrator due to the device spontaneously catching fire. The FDA says all units from a specified serial number range must be immediately discontinued from use and removed from service and promptly returned to Compass Health Brands. The affected devices are Model O2C5L with serial number range JA2311000001-JA2312000740. On Nov. 26, 2024, Jiangsu Jumao X-Care Medical Equipment...
In brief: ALS report, McKesson agreement, Swift C-suite
June 28, 2024HME News Staff
WASHINGTON - The National Academies of Sciences, Engineering and Medicine have published “Living with ALS,” a report on improving the quality of care for individuals with ALS that includes specific recommendations to strengthen access to respiratory care.
The report includes a policy brief that urges CMS and private insurers to act quickly to expedite access to essential ALS medical and support services, including:
Requiring expedited (within 72 hours)...
Compass Health moves to Diamond sponsor
June 27, 2024HME News Staff
CLEVELAND – Compass Health Brands is increasing its corporate sponsorship of AAHomecare to the Diamond level. Compass Health has been a supporter of AAHomecare and its state association partners for seven years. “The work being done by AAHomecare is so vital to the health of the HME industry,” said Mike Scarsella, senior vice president of HME. “The commitment and dedication of the staff and board of directors is incredible, and Compass is so pleased to be able to contribute...
In brief: Philips settlement, Compass Health network, NHIA fellows
December 27, 2023HME News Staff
SAN DIEGO – Philips Respironics has paid almost $2.5 million to resolve allegations that it violated the False Claims Act by giving kickbacks to sleep laboratories, the U.S. Attorney’s Office for the Southern District of California has announced.
The settlement resolves allegations that, from 2016 through 2021, Philips Respironics provided sleep labs with free masks used to treat and diagnose sleep-related respiratory disorders to induce physicians at the labs to write referrals...
Compass Health adds Quality Biomedical to network
December 26, 2023HME News Staff
MIDDLEBURG HEIGHTS, Ohio – Compass Health Brands has expanded its authorized service center network with the addition of Quality Biomedical. Through this new agreement, the Boulder, Colo.-based Quality Biomedical will support Compass Health customers with in-warranty and out-of-warranty repairs for stationary and portable oxygen concentrators, CPAP and BiPAP devices, ventilators and other equipment. “Partnering with Quality Biomedical dovetails perfectly with Compass Health’s focus...
Repair Authority, Compass Health partner on repairs
May 1, 2023HME News Staff
STRONGSVILLE, Ohio – Repair Authority has been selected by Compass Health Brands as its preferred repair partner for the truAIRE-5 stationary oxygen concentrator. This latest partnership brings the number of factory authorized warranty service center contracts that Repair Authority holds to nine, the most of any other repair company, it says. “We are honored to have been selected by Compass Health Brands as their preferred repair partner,” said Jess Keirn, CEO of Repair Authority....
Compass Health finds 'right partner' to offer CBD
June 26, 2020HME News Staff
CLEVELAND - Compass Health has signed an exclusive distribution agreement with Well Care Brands to promote and sell their P�rCare line of CBD products. The partnership with Compass Health will allow Well Care Brands to target the HME segment for their P�rCare line, which is specifically designed for the “over 40 market.” “We have been eager to enter the CBD segment of the market but needed to find the right partner, a partner who understands the unique needs of both the HME...
Carex rebrands
November 12, 2019HME News Staff
MIDDLEBURG HEIGHTS, Ohio - Carex, a subsidiary of Compass Health Brands, has unveiled a new logo and redesigned its website. Carex.com now features: more than 600 products, with free shipping on orders more than $75; an easy-to-use and interactive search functionality; and navigation based on health condition. “Our new Carex brand logo and website are a representation of our continued dedication to providing the best products, customer service and brand experience,” said Stuart Straus,...