Tag: MedOne
Great Elm’s DME companies see increase
November 15, 2022HME News Staff
WALTHAM, Mass. – Great Elm Group’s DME companies grew total revenue for the first quarter by 7% to $16.7 million compared to the prior-year period.
Adjusted EBITDA was $3.4 million vs. $5.1 million.
“The increase in revenue was primarily attributable to organic growth in resupply revenue, a full quarter of contributions from the MedOne acquisition and improved revenue reserves,” the company stated. “This revenue growth was achieved despite ongoing global...