Tag: Kubat Pharmacy
In brief: Rotech financing, Kubat merger, Merits president
December 31, 2020HME News Staff
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...
Kubat Pharmacy merges with Vital Care Pharmacy
December 31, 2020HME News Staff
OMAHA, Neb. – Kubat Pharmacy has merged with Norfolk, Neb.-based Vital Care Pharmacy, according to local news reports. It’s the second merger announced this month by Kubat, one of the largest independent pharmacies in Omaha. In addition to prescription drugs and compounding, Kubat offers home medical equipment, respiratory and mobility services. “Vital Care Pharmacy is a great partner with Kubat,” Mitch Deines, vice president of strategic business development at Kubat Health...