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Tag: merger


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ACHC merges with HFAP

October 21, 2020HME News Staff

CARY, N.C. - The Accreditation Commission for Health Care and the Healthcare Facilities Accreditation Program are merging to form a single company. HFAP will operate as a branch within ACHC and, collectively, the organization will be known as ACHC. “Together, the combined services of ACHC and HFAP open possibilities for health care providers, affording them more choices and greater ease in meeting the accreditation and certification needs of their organizations,” said Jose Domingos, president...

Accreditation, Accreditation Commission for Health Care, Healthcare Facilities Accreditation Program, merger


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Centene, WellCare merger finalized

January 24, 2020HME News Staff

ST. LOUIS - Centene Corp. has completed its acquisition of WellCare Health Plans, creating what it calls the leading healthcare enterprise focused on government-sponsored healthcare programs.Centene now provides health care to more than 24 million members across 50 states, or one in 15 people across the nation."We are pleased to have completed this transformational acquisition to create a leading healthcare enterprise committed to helping people live healthier lives through access to high-quality...

Centene, M&A, Managed Care, merger, WellCare


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Stockholders green light DFB, AdaptHealth merger

November 8, 2019HME News Staff

NEW YORK - DFB Healthcare Acquisitions stockholders have voted to approve all of the proposals related to its merger with AdaptHealth Holdings. The company's board of directors previously approved the combination and recommended that stockholders do the same. Stockholders also approved proposals to: change DFB's name to AdaptHealth and remove certain provisions related to DFB's status as a blank check company; issue certain securities for complying with applicable listing rules of the Nasdaq Capital...

AdaptHealth, M&A, merger, Nasdaq, public company


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In brief: Hillrom to buy Breathe Technologies; Option Care, BioScrip complete merger

August 9, 2019HME News Staff

CHICAGO - Hillrom has entered into a definitive agreement to buy Breathe Technologies, an Irvine, Calif.-based manufacturer of patented, wearable non-invasive ventilators, for $130 million.“The acquisition provides an exciting growth platform that utilizes our direct Respiratory Care commercial channel and business model,” said John Groetelaars, president and CEO of Hillrom. “This transaction represents another example of our plan to strategically deploy capital with a disciplined...

BioScrip, Breathe Technologies, Hillrom, Home Infusion, M&A, merger, Option Care, Vents


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BioScrip execs will continue at combined company

June 13, 2019HME News Staff

DENVER - Key members of BioScrip's leadership team will continue in executive roles with the combined company following the close of its pending merger with Option Care Enterprises. Dan Greenleaf, president and CEO of BioScrip, will become special advisor to the newly combined company's board chairman, Harry Kraemer, and CEO John Rademacher. Greenleaf will provide strategic and operational counsel to ensure a smooth transition, optimize the integration of both companies and drive long-term opportunities....

BioScrip, Home Infusion, M&A, merger, Option Care


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PE firm merges three companies to form AleraCare

May 14, 2019HME News Staff

LOS ANGELES - St. Cloud Capital, a private equity firm based here, has announced a growth capital investment in AleraCare Holdings, a provider of home and community based healthcare and pharmacy services. AleraCare now comprises three companies: MedicoRx Specialty Pharmacy, a specialty and home infusion pharmacy serving the California market; Vasco Infusion, a physician healthcare practice with several ambulatory infusion centers serving the Arizona and northern California markets; and VascoRx Specialty...

Home Infusion, M&A, merger, Private Equity


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Homecare Medical Supply joins Respiratory Services of WNY

August 3, 2018HME News Staff

AUBURN, N.Y., and BUFFALO, N.Y. - Homecare Medical Supply in Auburn, N.Y., has become a branch of Respiratory Services of Western New York in Buffalo, N.Y., according to the Olean Times Herald. Homecare Medical Supply will retain its name and location, and the son of the founders, Joe Manning, and granddaughter Cynthia Manning, will continue to manage the store, the newspaper reported. Respiratory Services of Western New York is a full-service provider of home respiratory and medical equipment and...

consolidation, Homecare Medical Supply, merger, Respiratory Services of WNY


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Walgreens eyes AmerisourceBergen

February 23, 2018HME News Staff

DEERFIELD, Ill. - Walgreens Boots Alliance is said to be in early talks to take over Valley Forge, Pa.-based AmerisourceBergen, according to news reports, though “no deal is imminent and there may not be one,” according to the Wall Street Journal. Walgreens already owns a 26% stake in the drug wholesale company. “For Walgreens, buying Amerisource would be an example of so-called vertical integration, in which a company acquires a link in its supply chain, enabling it to keep more...

Amerisource, merger, pharmacy, vertical integration, walgreens


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AAH, VGM coordinate advocacy efforts

May 24, 2016HME News Staff

WASHINGTON - AAHomecare and The VGM Group will merge their respective consumer advocacy groups into one industry wide platform.Per the merger, AAHomecare's Save My Medical Supplies and VGM's People for Quality Care will combine under the PFQC brand.“This coordinated, collaborative effort builds upon our past successes, while streamlining advocacy efforts to maximize impact,” said Tom Ryan, president and CEO of AAHomecare.The groups aim to use their collective influence and resources to...

aahomecare, Advocacy, merger, VGM


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Many questions in wake of ResMed-Brightree deal

March 25, 2016Liz Beaulieu, Editor

YARMOUTH, Maine - When two companies as big and different as ResMed and Brightree merge, there's more than likely going to be an impact on their HME provider customers, the majority of respondents to a recent HME Newspoll say.Sixty percent of respondents expect the mega deal to affect their businesses, some say in good ways and some say in potentially concerning ways.“Mergers and acquisitions have become common in our industry,” wrote John Reed, CEO of Walnut Medical Services. “We...

Brightree, merger, NewsPoll, ResMed


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