Tag: Industry consolidation
Idustry in 'the shakeout phase'
September 26, 2014John Andrews
Provider consolidation, a “shakeout” of companies serving the marketplace through mergers, acquisitions and closings, has been dramatically reducing the number of players in the HME industry.Yet this trend should not be viewed with alarm, but as a natural progression in a maturing business climate, says Chris Kinard, director of corporate systems development for Columbia, S.C.-based LifeHME.Kinard refers to The Consolidation Endgame Curve, a four-stage lifecycle that plots the entry,...
PMC closes its doors
January 26, 2010Liz Beaulieu, Editor
WASHINGTON - The legion of groups that represent wheelchair providers and manufacturers no longer includes the Power Mobility Coalition (PMC).
HME News called the PMC's director, Eric Sokol, in January and heard the following message: "You have reached the offices of the Power Mobility Coalition. The Power Mobility Coalition is now closed. For those who have inquiries regarding the PMC, please contact Steve Azia."
Azia, the PMC's counsel, told HME News in January that the PMC had been closed...
PMC closes its doors
January 26, 2010Liz Beaulieu, Editor
WASHINGTON - The legion of groups that represent wheelchair providers and manufacturers no longer includes the Power Mobility Coalition (PMC).
HME News called the PMC's director, Eric Sokol, in January and heard the following message: "You have reached the offices of the Power Mobility Coalition. The Power Mobility Coalition is now closed. For those who have inquiries regarding the PMC, please contact Steve Azia."
Azia, the PMC's counsel, told HME News in January that the PMC had been closed for...