Tag: Lincare

WASHINGTON – CMS’s competitive bidding program set the stage for a number of the difficulties that the HME industry is seeing as it tries to meet increased demand for oxygen therapy for COVID-19 patients, say the leaders of Apria Healthcare and Lincare and the Council of Quality Respiratory Care.  The agency may have dropped oxygen from Round 2021, its latest round of bidding, but 10 years since the program’s...

GUILFORD, U.K. - Linde's board of directors has appointed Sanjiv Lamba as COO effective Jan. 1. In this role, Lamba will be responsible for the regional operating segments of the Americas, APAC and EMEA, as well as Linde Engineering and Lincare. He will also be responsible for certain global functions, initiatives and businesses. He will report to Linde CEO Steven Angel and will relocate to Danbury, Conn. Prior to being named COO, Lamba served in several roles at Linde, including executive vice president...

YARMOUTH, Maine?- The best way to improve margins in an industry that suffers from constant pricing pressure is by reducing administrative burdens, said panelists during a recent discussion on “Post-pandemic: The rise of post-acute care.” “Everybody has way too many people involved in paper processing and billing and collections, rather than helping patients,” said Dan Starck, CEO of Apria Healthcare, during the virtual HME News Business Summit, Sept. 15-17. “And I'm...

WASHINGTON - The Council for Quality Respiratory Care has named Crispin Teufel as chairman of the board. Teufel, CEO of Lincare, succeeds Dan Starck. “I am honored and humbled to serve as the next chairman of the CQRC,” said Teufel. “As we navigate the unprecedented challenges imposed by COVID-19, I look forward to working collaboratively with my industry colleagues to continue delivering high-quality care to patients both during the pandemic and beyond.” The CQRC is a coalition...

YARMOUTH, Maine - HME providers are the “pressure release valve” for acute care facilities that are expected to strain from the number of patients who have COVID-19 and need care.The respiratory virus, which can be deadly for older people and those with underlying conditions, has created a spike in demand for ventilators, oxygen concentrators and BiPAP devices, equipment that HME providers are well positioned to provide in the home.“The home is the pressure release valve for the...

CERRITOS, Calif. - KabaFusion has acquired the home infusion assets of Lincare, expanding its footprint to 28 specialty pharmacies.The deal adds specialty pharmacies in 11 markets: Alabama, Arkansas, Florida, Indiana, Kentucky, Michigan, New Jersey, New York, North Carolina, Virginia and Wyoming.“We are excited to expand our national network with the infusion pharmacies from Lincare,” said Dr. Sohail Masood, founder and CEO. “We look forward to combining the best of both our teams,...

CERRITOS, Calif., and LEXINGTON, Mass. - KabaFusion has acquired the home infusion assets of Lincare, expanding its footprint to 28 home infusion specialty pharmacies.The deal adds specialty pharmacies in 11 markets: Alabama, Arkansas, Florida, Indiana, Kentucky, Michigan, New Jersey, New York, North Carolina, Virginia and Wyoming.“We are excited to expand our national network with the infusion pharmacies from Lincare,” said Dr. Sohail Masood, founder and CEO. “We look forward to...

CLEARWATER, Fla. - Lincare Holdings, a subsidiary of Linde Group of Germany, has acquired Preferred Homecare/Lifecare Solutions, a portfolio company of Beecken Petty O'Keefe of Chicago, according to PE Hub Healthcare.Preferred Homecare provides a full range of HME, including respiratory, complex rehab and NPWT products, from 22 locations, largely in Arizona, but also in Colorado, California and Nevada, according to its website.Beecken Petty O'Keefe, a healthcare-focused private equity firm, started...

CLEARWATER, Fla. - Lincare Holdings, a subsidiary of Linde Group of Germany, has acquired Preferred Homecare/Lifecare Solutions, a portfolio company of Beecken Petty O'Keefe of Chicago, according to PE Hub Healthcare.Preferred Homecare provides a full range of HME, including respiratory, complex rehab and NPWT products, from 22 locations, largely in Arizona, but also in Colorado, California and Nevada, according to its website.Beecken Petty O'Keefe, a healthcare-focused private equity firm, started...

MIDDLEBURY, Conn. - When Lincare bought J&L Medical Services, it got a “gem,” says one industry analyst.J&L Medical, a provider of home respiratory and sleep therapy equipment and supplies, serves patients from seven locations throughout Connecticut and southwestern Massachusetts. The company, named “Best Home Respiratory Provider” by HME News in 2007, was founded by John Loyer and Lynn Tata Plummer in 2003.“John focused and did a really good job in the area of sleep,”...