Tag: Joint Venture

CAMBRIDGE, Mass. – Apnimed, a clinical-stage pharmaceutical company focused on developing oral pharmacological therapies for the treatment of obstructive sleep apnea, has announced a joint venture with Shionogi & Co., a pharmaceutical company based in Japan, to develop therapies to treat OSA and other sleep disorders. The joint venture, Shionogi-Apnimed Sleep Science, combines Apnimed’s deep knowledge of OSA, highly experienced clinical-stage drug development team and robust network of...

LEXINGTON, Mass. – A new joint venture between KabaFusion and Houston-based Memorial Hermann Health System will allow both entities to grow bigger market share, says Dr. Sohail Masood, founder and CEO of KabaFusion.  Memorial Hermann has 6,700 affiliated physicians and more than 265 care delivery sites throughout the area, providing a platform for KabaFusion as it looks to grow its national footprint.  “We have a lot of respect for Memorial Hermann,” he said. “Memorial...

MORGANTOWN, West Va. – Mon Health Equipment and Supplies and DASCO Home Medical Equipment have entered into a joint venture to build a stronger company that better serves communities across north central West Virginia. “This joint venture will allow us to make the most of DASCO’s long-time expertise in the business and ensure Mon Health Equipment and Supplies in Weston and Morgantown remain a vibrant and committed community medical service as it has been for many years,” said...

SANDUSKY, Ohio - Marina Home Health, a DME provider serving north central Ohio, will operate the Norwalk, Ohio, branch of Fisher-Tutus under the name Fisher-Titus Durable Medical Equipment under a new joint venture, according to the Norwalk Reflector. “Pairing our DME history with the current Fisher-Titus home medical equipment offering is an incredible opportunity for us,” Mike Will, president of Marina Home Health, told the newspaper. “As a locally owned and operated company,...

SOUTH BEND, Ind. - Beacon Home Care is transitioning its medical equipment and supplies business to Alick's Home Medical Equipment by the end of the month, according to the South Bend Tribune. The companies, which are both based here, are calling the change a “joint venture,” the newspaper says. Beacon Home Care will retain its nursing, therapy, home health aide and other services. “We are focusing our energies on what Beacon does best,” Heidi Prescott, a spokeswoman for...

Q. What are the major considerations in determining the benefits of entering into a partnership/joint venture with a hospital-based HME provider?A. More and more private/hospital HME partnerships are starting to surface as a result of competitive bidding and other industry pressures. Hospital HME providers are looking for private HME providers to help them continue to access new Medicare patients after having been locked out of Round 2; to help them manage operations leaner and more efficiently;...