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Tag: home health depot


Providers

Home Health Depot pulls trigger

July 14, 2017Liz Beaulieu, Editor

INDIANAPOLIS - With the economy humming and private equity money flowing, Home Health Depot's Nate Feltman says the time was right to sell the last of the company's business to Clearwater, Fla.-based Lincare.Previously, Home Health Depot sold its complex rehab and home access businesses to National Seating & Mobility in 2014 and 2016, and its hospice business to National HME/Hospice Cloud earlier this year. NSM and National HME are both backed by PE firms.“We timed our sales around a lot of...

home health depot, Home Medical Equipment, Home Respiratory Services, Lincare


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Providers

Home Health Depot sells to Lincare

July 12, 2017HME News Staff

INDIANAPOLIS - It began shedding business segments three years ago and now Home Health Depot has sold what's left to Clearwater, Fla.-based Lincare, according to the Indiana Business Journal.Nathan Feltman, a majority owner of Home Health Depot, along with business partner and friend David Hartley, told the journal that it became apparent a few years ago that it would be increasingly difficult to remain profitable as a smaller diversified company in the current market due to declining Medicare and...

home health depot, Lincare, M&A


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Providers

Sticky situation: Home Health Depot shrinks to grow

April 14, 2017Theresa Flaherty, Managing Editor

INDIANAPOLIS - By divesting Genesis Healthcare Services, Home Health Depot is getting back to basics, says Nate Feltman.HHD in February sold the Atlanta-based Genesis, a provider of HME to hospice organizations, to Richland Hills, Texas-based Hospice Cloud. In the nearly five years since HHD acquired Genesis, it doubled its patient census and added many new customers.Still, when a buyer came along and made them an offer they couldn't refuse, the provider accepted, so it could return its focus to...

home health depot, Home Respiratory Services, Nate Feltman


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Mobility

Home Health Depot offloads complex rehab

December 5, 2014Tracy Orzel

INDIANAPOLIS - Home Health Depot (HHD) took the phrase, “Jack of all trades, master of none” to heart when it sold its complex rehab technology division to National Seating & Mobility.“Our company was being spread too thin,” said Nathan Feltman, president and co-owner of HHD.Over the past few years, HHD had been actively looking to expand its complex rehab technology footprint, acquiring both Medical Mobility in Indiana and Advanced Rehab Technologies in Iowa in 2012, and...

Bob Leonard, home health depot, nathan feltman, NSM


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Also Noted

NSM makes second November buy

November 21, 2014HME News Staff

NASHVILLE, Tenn. - National Seating & Mobility (NSM) announced today that it plans to acquire the custom seating and mobility division of Indianapolis-based Home Health Depot (HHD). “HHD is a respected presence in our industry with an excellent staff and reputation,” said NSM CEO Mike Ballard, in a release. The deal adds 16 ATPs and 50 support professionals to NSM's staff. HHD branches begin operations as NSM immediately in Atlanta, Coralville and Urbandale, Iowa, Indianapolis and Broadview,...

home health depot, National Seating & Mobility


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Mobility

Alliance seeks to preserve presence of indie complex rehab providers

April 11, 2014Leah Hoenen

INDIANAPOLIS - How do indie complex rehab providers successfully compete against growing national companies? By banding together.Five regional providers have formed an alliance, called One Point Partners, to help them gain an edge they might not have on their own.“It seemed to me that, as an independent provider, it's a very challenging reimbursement environment,” said David Hartley, CEO of Home Health Depot, an alliance partner. “We all need to have the volume purchasing power...

Bellevue Healthcare, Complex Rehab, David Hartley, home health depot, One Point Partners, Peter Norman


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Providers

Reporter's Notebook: Looking forward, not back

January 24, 2014Theresa Flaherty, Managing Editor

Hermitage, Tenn.-based provider Kevin Brown is excited about the year ahead.A big reason why: All Star Medical Supply recently opened a new retail location in Franklin and moved its existing Hermitage operation into a much larger location (6,000 square feet vs. 2,000 square feet).“We've been doing retail since 2009 and we've had a lot of success,” said Brown, owner. “It was probably less than 10%. Now we are probably between 35% to 40% and hoping to get that a little higher.”One...

All Star Medical Supply, home health depot, Jim Leedom, Kevin Brown


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Providers

Former racecar driver revs up biz

November 6, 2013Theresa Flaherty, Managing Editor

INDIANAPOLIS - After pulling back from TV advertising about four years ago, Home Health Depot is once again on the local airwaves.And this time around, it has help from former Indy racecar driver Sam Schmidt. Schmidt, who was paralyzed in a crash, is featured in the ads.“He's a well-known guy in Indiana,” said Nathan Feltman, president. “He's a current team owner for the Indy 500, so he's often on the news.”The 30-second ads, which started airing in October, help drive traffic...

home health depot, Indy 500


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News

In brief: Clock ticks on MPP, MAC outlines responsibilities

October 25, 2013HME News Staff

WASHINGTON - All eyes in Washington, D.C., last week may have been on the Affordable Care Act and the website that couldn't, but that didn't stop stakeholders from meeting with legislative staffers to get a sense of what the industry might accomplish before the end of the year. “We are hearing that they will be doing a fix to take care of doctors before the holidays and that's the vehicle we've been looking for to include the market pricing program (MPP),” said Seth Johnson, vice president...

101 mobility, aahomecare, Abandoned Oxygen Patients, Accreditation Commission for Healthcare, binson's home helath centers, dnv healthcare, erik kolacinski, genesys health equipment, hart medical, Home Care Medical


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Also Noted

Kolacinski joins Home Health Depot

October 23, 2013HME News Staff

INDIANAPOLIS - Erik Kolacinski is the new area vice president of Home Health Depot's Complex Rehab Division, the company announced Oct. 21. Based in Atlanta, Kolacinski will oversee growth initiatives in the southern U.S. and improve customer service. “Home Health Depot presents an exciting opportunity for me to apply all of the skills that I've developed over my career,” said Kolacinski. “The company is dedicated to growth, but is also highly committed to patient satisfaction and...

erik kolacinski, home health depot


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