Tag: Paragon Ventures
Access Infusion Care grows in Delaware through new partnership
April 21, 2026HME News Staff
GAYLORD, Mich. – Access Infusion Care (AIC), a community-based infusion network dedicated to expanding access to care in rural and underserved communities, has announced a partnership with Infusion Solutions of Delaware, a physician‑led rheumatology and infusion practice serving patients across the state from locations in Dover, Milford, and Newark.
With this partnership, AIC now operates in four states, Michigan, Montana, Mississippi and Delaware, with a growing network of community‑based...
Moratorium complicates DME deals, but buyers stay engaged
April 17, 2026Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Medicare’s six-month moratorium on new DME supplier enrollments, which went into effect in late February, has not dampened deal-making activity, but that could change, say industry analysts.
The moratorium prevents:
Existing providers from opening new locations with new Medicare PTANs, effectively halting expansion efforts for many; and
Changes in majority ownership within 36 months of initial enrollment or a previous change in ownership.
“I've...
BioMatrix buys LUX Infusion, expands its home infusion nursing capabilities
November 13, 2025HME News Staff
PLANTATION, Fla. – BioMatrix Infusion Pharmacy has acquired LUX Infusion, an ambulatory infusion center business in Alaska, Paragon Ventures has announced. LUX operates three state-of-the-art infusion centers across the state. “Our decision to acquire LUX Infusion is rooted in a shared commitment to advancing access, quality, and innovation in ambulatory infusion care,” said Ted Kramm, CEO, BioMatrix Infusion Pharmacy. “Together, we are better positioned to transform infusion...
Strive Medical builds out diabetes biz
March 5, 2025HME News Staff
IRVING, Texas – Strive Medical, a portfolio company of NMS Capital, has acquired Charles Pharmacy & Surgical, a pharmacy and provider of diabetes supplies since 1968.
This strategic acquisition represents a major milestone in Strive Medical's continuous growth and dedication to delivering top-quality medical supplies and services to patients throughout the United States, the company says.
"We are thrilled to welcome Charles Pharmacy into the Strive Medical community,"...
Family Matters In-Home Care, Homecare California merge
February 19, 2025HME News Staff
CAMPBELL, Calif. - Family Matters In-Home Care has acquired Homecare California in a deal that expands their resources and allows the two companies to support families with smooth care transitions and compassionate care, they say. Family In-Home Care, which has locations throughout California, provides in-home care for seniors and adults with disabilities, while Homecare California, which is based in Los Altos, Calif., provides non-medical in-home care services for seniors and individuals who need...
Paragon Ventures enjoys front seat to industry change
May 24, 2024Theresa Flaherty, Managing Editor
NEWTOWN, Pa. – Even after three decades in mergers and acquisitions, Jonathan Sadock and Marc Rose of Paragon Ventures still get excited to see how HME companies are evolving.
“We have the benefit of having so much experience with seeing so many companies and how they – and the HME sector – have evolved to what it is today,” said Sadock, CEO and managing partner at Paragon Ventures.
Paragon, which launched in 1994, has successfully completed more...
In brief: Quipt’s ‘robust’ quarter, Cardinal’s raised guidance, Paragon’s 30th anniversary
February 16, 2024HME News Staff
CINCINNATI – Quipt Home Medical reported revenue of $65.4 million for the first quarter of fiscal 2024, a 60% increase compared to the same period last year.
Adjusted EBITDA was $15.3 million (23.5% of revenue) vs. $9.0 million (22% of revenue), a 71% increase; and net income (loss) was $(0.6) million vs. $0.3 million.
“We continued experiencing robust demand trends in the first quarter across our diverse product offering and are very pleased with the continued record...
Paragon Ventures marks 30 years
February 14, 2024HME News Staff
NEWTOWN, Pa. – Paragon Ventures is celebrating 30 years of strategic M&A for health care businesses.
The company has successfully completed more than 350 strategic mergers and acquisitions transactions in 45 states and across the continuum of health care, including infusion therapy, behavioral health, medical device, pharmacy, home medical equipment and advanced medical technologies.
“Our 30th anniversary is a testament to the trust placed in us by our clients...
Paragon Ventures published ebook
December 18, 2023HME News Staff
WAYNE, Pa. – Paragon Ventures has published the first in a series of articles to guide companies through the sale, merger and acquisition process. The first article, “Preparing for M&A,” reviews establishing transaction goals, assembling an M&A team and developing a sale strategy. “In the dynamic landscape of business, mergers and acquisitions have become integral for some companies seeking growth, market expansion, or strategic realignment,” Paragon states. “For...
Blake Pharmacy sells to PharMerica
September 27, 2023HME News Staff
WAYNE, Pa. - Blake Pharmacy has sold to PharMerica, a national provider of pharmaceutical services, according to Paragon Ventures. Blake Pharmacy has established a strong presence in Florida and its sale to PharMerica will allow it to leverage resources, infrastructure and advanced technology platforms. “We are proud to join forces with PharMerica and embark on this exciting new chapter,” said Ashish Patel, founder and CEO of Blake Pharmacy. “By integrating our strengths and capabilities,...