Tag: Hart Medical Equipment

ORLANDO, Fla. – Rotech Healthcare has obtained $425 million in new financing via an amended and reinstated credit agreement with a diverse group of lenders. The provider used part of the proceeds to pay a $100 million dividend to its holding company and will use the remainder to support growth through strategic acquisitions. “This new credit agreement provides Rotech with sufficient capital over the next five years to continue our growth strategies, as well as to provide a $100...

CHEBOYGAN, Mich. – Hart Medical Equipment has acquired McLaren Home Medical Equipment, formerly known as VitalCare, which has locations in Cheboygan, Gaylord and Petoskey in northern Michigan. “Hart concentrates on patient outcomes, integrative technologies, timely delivery and customer satisfaction, which has helped build trust within our communities,” said Allen Hunt, president of Hart Medical. “We look forward to bringing Hart’s focus on continuity of care,...

ROCHESTER HILLS, Mich. - Hart Medical Equipment has acquired Crittenton Medical Equipment, allowing the provider to expand its presence into the Rochester Hills area of lower Michigan. Hart is a regional HME provider with shared ownership by Michigan-based Ascension Genesys, Henry Ford and McLaren health systems. “Hart concentrates on patient outcomes, timely delivery and customer satisfaction, which has helped build trust among our customers across the Michigan market,” said Allen Hunt,...