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Tag: DME Express


Moneyline: Patientco, TwelveStone receive investments; DME Express makes buy

July 26, 2018HME News Staff

ATLANTA - Patientco, a patient billing and payment technology company, has raised $28 million in Series B growth capital.The investment was led by Accel-KKY, with participation from existing investor BlueCross BlueShield Venture Partners/Sandbox Advantage Fund. It will be used to accelerate growth, expand sales and marketing, and further product innovation.“We are solving an unprecedented affordability crisis in health care,” said Bird Blitch, co-founder and CEO of Patientco. “We...

DME Express, patientco, TwelveStone Health Partners

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Moneyline: Mega merger announced, Capital buys Epic Health Services, DME Express raises capital

December 23, 2016HME News Staff

MUNICH and DANBURY, Conn. - Linde and Praxair announced their intention to merge on Dec. 20, creating a company with revenues of about $30 billion and a current market value of more than $65 billion. The two companies have been courting each other, on and off, for two years. Linde, which bought Lincare for $4.6 billion in 2012 and American HomePatient in 2015, is currently the industrial gas industry's No. 2 player, followed by Praxair at No. 3. Air Liquide SA of France leads the industry. Praxair...

Bain Capital, DME Express, Epic Health Services, Linde, Mergers & Acquisitions (M&A), Praxair, WayPoint Capital

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DME Express raises capital for expansion

December 20, 2016HME News Staff

BATON ROUGE, La. - DME Express, a DME provider to hospice and nursing facilities in the Southeast, has secured an undisclosed amount of growth equity financing from WayPoint Capital Partners, it announced Dec. 19.Concurrent with the financing, DME Express has also secured a significantly expanded credit facility from its existing lender, Bank of Oklahoma.Funds will be used to support the company's rapid growth and its continued expansion.“This capital raise will enable DME Express to continue...

Capital Raise, DME Express, Expansion, Private Equity

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