Tag: Harmar

CINCINNATI – Quipt Home Medical has acquired Good Night Medical, a business with operations across seven states, for about $7 million in cash.  The acquisition provides Quipt Home Medical with expansion opportunities into Massachusetts, North Carolina and Texas, where it doesn’t have a presence.  “Good Night Medical strengthens our healthcare network across multiple states, enhancing our national coverage sphere over an area that includes about 5 million COPD sufferers...

SARASOTA, Fla. – Harmar CEO Steve Dawson says “it feels really early” for the mobility and access market, with lots of runway for growth.  That’s a big reason why the company recently invested in a new facility that’s 60% bigger.  “We’re bullish on the market,” he said.  Dawson spoke to HME News about the market’s undercurrents and more.  HME News: Why was the expansion needed?  Steve Dawson: We’ve...

COVID-19 kept everyone home during the pandemic’s ascension, triggering a strong interest in home modifications and jumpstarting demand for home accessibility products and services. A year later, that demand hasn’t waned, specialists in the field say; if anything, they say, it continues to escalate.  “Demand for home accessibility is not slowing down but growing,” said Jim Greatorex, vice president of Waterloo, Iowa-based VGM Live at Home. “Things were a little...

Baby boomers wanting to stay at home despite mobility limitations is the key driver in the home accessibility market, specialists in the field say. The desire among boomers to avoid assisted living or skilled nursing facilities is strong and they are willing to pay for modifications that allow them to remain at home and “age in place.”Because HME providers serve these potential clients as mobility patients, they are in a great position to handle these home modification services as a business...

EXETER, Pa. - Pride Mobility Products has sold its lifts and ramps division to Harmar Mobility.The move allows Pride to focus on its efforts developing consumer-driven mobility products for its scooter, power chair and lift chair product lines.“We are pleased that Harmar has acquired our lifts and ramps division,” said Scott Meuser, chairman and CEO. “Our business is about consumers, and this change allows us to give consumers more of what they desire in our mobility products. We...

SARASOTA, Fla. - Private equity-backed Harmar is getting its second new CEO in less than three years. The lift manufacturer, whose controlling shareholder is New York-based Cortec Group, announced recently that it had named Steven Dawson as CEO. “This is a positive change,” said David Baxter, vice president of marketing for Harmar. “We're just dialing it up a bit.” Dawson, who comes from the building products industry and has worked with another Cortec-owned company,...

WASHINGTON - Per-capita healthcare spending grew by 5% and overall healthcare spending grew by 5.8% in 2015, according to a recent study by the Office of the Actuary at CMS.Those rates continue to be below the rates of most years prior to the passage of the Affordable Care Act.“Even as millions of people gained coverage, per-enrollee spending growth in private health insurance and Medicare continue to be well below the average in the decade before passage of the Affordable Care Act,”...

SARASOTA, Fla. - Steven Dawson is the new CEO of Harmar Mobility, the company announced Dec. 9. He has also been appointed to Harmar's board of directors. Dawson's career includes leadership roles managing and executing transformation, growth and development of organizations across a variety of industries. “We are excited we were able to recruit Steve to lead Harmar,” said Jeffrey Lipsitz, managing partner at Cortec Group, Harmar's controlling shareholder. “We had worked with Steve...

WASHINGTON - Now that a bill requiring Veterans Affairs to establish quality and safety standards for adaptive equipment and vehicles has finally been passed by the House of Representatives and the Senate, the real work begins, say those involved.“The VA has up to one year to start action on it,” said Dave Hubbard, CEO and executive director of the National Mobility Equipment Dealers Association, which was largely responsible for early drafts of the Veterans Mobility Safety Act. “They're...

In their quest to increase cash revenues, HME providers are inquiring about home accessibility with increasing frequency, manufacturers say. Quietly coexisting alongside the mobility market, home modification typically hasn't been a core service line for providers, but the tumultuous Medicare environment has HME companies taking a fresh look at the business.“Without a doubt this is a growth market and we are focused on capturing a larger share of it,” said David Baxter, vice president...