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Tag: M&A


Providers

Central Medical Supply bulks up in Northeast 

May 24, 2022HME News Staff

FLANDERS, N.J. – Central Medical Supply, a portfolio company of Osceola Capital, has acquired three hospice and home care equipment management companies: Helping Hands Medical Equipment, the hospice assets of Consolidated Medical Surgical Supply and PPD Homecare.  Helping Hands, an Allentown, Pa.-based provider of DME management solutions to hospice agencies founded by Marty Falk, further expands Central Medical’s presence in eastern and central Pennsylvania.  Consolidated...

Central Medical Supply, Hospice, M&A, Osceola Capital


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Sedgwick buys Orchid Medical 

May 23, 2022HME News Staff

MEMPHIS, Tenn. – Sedgwick, a provider of technology enabled risk, benefits and integrated business solutions has acquired Orchid Medical, an Orlando, Fla.-based provider of medical management solutions, including DME and supplies, and orthotics and prosthetics. The acquisition grows Sedgwick's ancillary care network, which ensures that employees of its workers' compensation clients receive prompt, high-value service for DME, transportation, translation, home health, diagnostic imaging...

M&A, medical management solutions, Orchid Medical, Sedgwick


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Reliable Medical marches further west

Mobility

Reliable Medical marches further west

May 20, 2022Liz Beaulieu, Editor

MINNEAPOLIS – Reliable Medical has staked a claim in California with its acquisition of Hometown Medical Supplies, a San Jose-based provider of primarily mobility equipment.  Right out of the gate, Reliable Medical will add three ATPs to Hometown Medical’s four ATPs, expanding the company’s ability to serve complex rehab patients from locations in San Jose, Los Angeles, Visalia and Stockton.  “There’s a strong demand in this market,” said Katie...

Hometown Medical Supplies, Katie Stevens, M&A, Reliable Medical


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Brad Smith

Providers

Vertess recaps Q1 activity 

May 18, 2022HME News Staff

FORTH WORTH, Texas – Vertess closed three transactions in the first quarter of 2022, including the sale of California-based Brannons Medical to AdaptHealth.  “Brannons was a staple in the San Jose community for 20-plus years,” said Robert Villalobos, managing director and deal lead for Vertess. “With the continued appetite for respiratory providers, it comes as no surprise the family run business was a desirable acquisition.”  Vertess also represented...

AdaptHealth, Brannons Medical, M&A, United Medical Providers, Vertess


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Mobility

SageHome seeks to develop nat’l home mods biz

May 3, 2022HME News Staff

ATLANTA – SageHome, a home modifications and aging-in-place provider, has partnered with strategic advisors Cairngorm Capital Partners to make its first acquisition: New Bath Today, an Indianapolis-based bathroom renovation specialist.  New Bath Today, which focuses on the wet area of a bathroom, a key risk area in the home for aging seniors, serves six states across the Midwest.  “We have big plans and our partnership with the team at Cairngorm Capital will allow us to...

aging-in-place, Home modifications, M&A, private investment, SageHome


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Specialty Providers

Quipt buys Good Night

April 19, 2022HME News Staff

CINCINNATI – Quipt Home Medical has acquired Good Night Medical, a business with operations across seven states, for about $7 million in cash.  The acquisition provides Quipt Home Medical with expansion opportunities into Massachusetts, North Carolina and Texas, where it doesn’t have a presence.  “Good Night Medical strengthens our healthcare network across multiple states, enhancing our national coverage sphere over an area that includes about 5 million COPD sufferers...

CPAP Therapy, Good Night Medical, M&A, Quipt Home Medical, Respiratory Therapy


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Preferred Home Care enters ‘next chapter’ 

April 7, 2022HME News Staff

NEW YORK – Preferred Home Care of New York has been acquired by Help at Home, a national provider of in-home, person-centered care. Edison Home Health Care, which shares a majority owner with Preferred Home Care, has also been acquired by Help at Home. “We established Preferred Home Care of New York with a clear vision to provide the most exceptional level of care from a remarkable team of caregivers and staff,” said CEO Berry Weiss. “We’re delighted to move into the...

M&A, Preferred Home Care


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Specialty Providers

Strive Medical boosts urology business 

March 29, 2022HME News Staff

IRVING, Texas – Strive Medical, a portfolio company of NMS Capital, has acquired the urology division of United States Medical Supply, strengthening its national footprint.  Strive Medical is a specialty provider of urology, wound care and other disposable medical supplies that has contracts with more than 24 state Medicaid programs and more than 5,000 private insurance plans.  “This transaction marks an important step in advancing Strive’s commitment to investing...

M&A, Strive Medical, United States Medical Supply, urological supplies, urology


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Providers

MSC deepens presence in Indiana 

March 22, 2022HME News Staff

CLEVELAND – Medical Service Company has acquired Ascension St. Vincent’s Medical Equipment, a full-service DME provider located in Evansville, Ind.  “As part of this exciting acquisition, MSC has expanded its partnership with Ascension from Central Indiana now down to Evansville,” the company stated in an announcement. “We are also thrilled to welcome the new team members joining the MSC family. We look forward to offering our industry-leading chronic care solutions...

Acquisition, M&A, Medical Service Company


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Ozarks Healthcare buys pharmacy 

March 8, 2022HME News Staff

WEST PLAINS, Mo. – Ozarks Healthcare recently acquired Bradford Pharmacy in West Plains, Mo., according to Ozark Radio News. Katie Mahan, director of Ozarks Healthcare Pharmacy, told the radio station that the company needed more space. Bradford Pharmacy, founded in 1996, has transitioned to Ozark Healthcare Pharmacy. Ozark Healthcare is a health system that comprises a 114-bed acute care hospital, as well as family medicine and specialty clinics, and offers rehabilitation and home care services....

Bradford Pharmacy, M&A, Ozarks Healthcare


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