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Tag: Riverside Co.


News

In brief: Study details increased Part A costs, PE firm exits respiratory market

August 3, 2018HME News Staff

WATERLOO, Iowa - A study sponsored by The VGM Group shows the cost shift that is happening as a result of reduced access to DME for Medicare beneficiaries.The study by Leitten Consulting shows that:. Fall-related injuries due to failure to provide needed mobility equipment results in a cost shift of between $4,705 and $5,029;. COPD-related exacerbations due to failure to provide supplemental oxygen therapy results in a cost shift of about $14,350; and. OSA-related complications due to failure to...

Aeroflow, insulet, Invacare, lincare, Riverside Co., VGM


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Providers

Riverside Co. exits respiratory market

August 3, 2018HME News Staff

CLEVELAND - The Riverside Company, a global private equity company based here, has sold Specialized Medical Services to Lincare.Milwaukee-based SMS is a provider of respiratory equipment, logistics solutions and related medical products to long-term care centers like skilled nursing facilities.Under Riverside's hold, SMS's footprint grew to cover more than 45 states and 3,200 facilities, and its revenue grew more than seven times, according to the firm.Riverside initially entered the respiratory...

lincare, M&A, private equity, respiratory, Riverside Co.


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