Tag: Pinnacle Medical
In brief: Congressional caucus on sleep, Sullivan Health’s first acquisition, telehealth expansion finalized
December 3, 2020HME News Staff
DARIEN, Ill. – The American Academy of Sleep Medicine has created a Congressional Sleep Health Caucus to promote healthy sleep and the importance of high-quality, patient-centered care for patients.
The caucus is co-chaired by Reps. Zoe Lofgren, D-Calif., and Rodney Davis, R-Ill.
“As we deal with the unique challenges and added stress brought on by the COVID pandemic, the necessity of good, quality sleep is all too clear,” said Lofgren. “Insufficient sleep...
AdaptHealth, AeroCare deal to 'accelerate' growth
December 3, 2020Theresa Flaherty, Managing Editor
PLYMOUTH MEETING, Pa. - After operating on parallel acquisition tracks for the past few years, AdaptHealth will acquire AeroCare Holdings for $1.1 billion in cash and 31 million shares, for a total purchase price of about $2 billion, in the biggest deal in HME in years.
Both companies have made acquisitions a cornerstone of their growth plans: Since 2017, AdaptHealth has closed 64 transactions; AeroCare has closed 50. Since its inception, AeroCare has closed a total of 155 transactions, building...