Skip to Content

Tag: restructuring


Vendors

Drive DeVilbiss secures 'additional runway'

September 20, 2019HME News Staff

PORT WASHINGTON, N.Y. - Drive DeVilbiss Healthcare has agreed in principle to receive $35 million in new capital, together with a reduction in cash debt service obligations from its current lenders.The transaction has broad support from the substantial majority of Drive's first and second lien lenders, and includes new capital from its primary equity holders, according to a press release.“We are pleased with the strong demonstration of support that our stakeholders have shown to our business...

Drive DeVilbiss, private equity, restructuring


Read Full Articlered right arrow icon

Also Noted

PHM seeks to finalize restructuring

November 21, 2017HME News Staff

LAFAYETTE, La. - Patient Home Monitoring on Dec. 15 will ask security holders to vote on splitting the company in two. PHM will become a DME company specializing in delivering and servicing oxygen therapy, sleep apnea treatment and mobility equipment; and Viemed will become a respiratory company specializing in non-invasive vents for patients with COPD, CHF and neuromuscular conditions. PHM announced plans to split into two different companies last year. PHM's board of directors has unanimously approved...

Patient Home Monitoring, restructuring


Read Full Articlered right arrow icon

On the Editor's Desk

A webcast schedule and a side note on the importance of saving

December 2, 2011Liz Beaulieu, Editor

(Let me just start this blog by saying: I had it half written, then went to save, and apparently I had waited too long because WordPress knocked me off. So here I go again.) I've spent the better part of this week putting together a webcast schedule for 2012. I know...2012. My calendar for next year already looks like a mess of deadlines and events written in different colored pens. Yours? We did eight webcasts this year, which is pretty good I think, but they were scheduled only a few months in...

cash sales, competitive bidding, legal/regulatory, Marketing, On The Editor's Desk, restructuring, strategic plans, webcast


Read Full Articlered right arrow icon