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Tag: Great Elm Healthcare


Quipt ‘moves to new sphere’

January 6, 2023Theresa Flaherty, Managing Editor

CINCINNATI – Quipt Home Medical kicked off 2023 by adding seven new states and 70,000 patients with its acquisition of Great Elm Healthcare – its largest acquisition to-date, says CEO Greg Crawford.  “We really could not be more excited about this,” he said. “To combine these two organizations is really taking Quipt to another sphere.”  Quipt will pay $80 million for the Waltham, Mass.-based Great Elm, which formed in 2018 when Great Elm Capital...

CPAP, Great Elm Healthcare, Greg Crawford, Home Medical Equipment (HME), Quipt Home Medical

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Great Elm Healthcare sells to Quipt for $80M

January 4, 2023HME News Staff

 WALTHAM, Mass. – Great Elm Group has sold its DME business, Great Elm Healthcare, to QHM Holdings, Inc., a wholly owned subsidiary of Quipt Home Medical Corp., for $80 million.  GEG has also announced it has sold a majority of its ownership interest in Forest Investments, Inc. to J.P. Morgan Broker-Dealer Holdings Inc., for approximately $18 million.  “The successful sale of our DME business and the recently announced Forest transaction are transformative for Great...

Great Elm Healthcare, Home medical supplies, Quipt Home Medical

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