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Tag: Valley Health Group

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GEC reports growth

November 14, 2018HME News Staff

WALTHAM, Mass. - Great Elm Capital Group has reported Valley Health Group (VHG) and Northwest Medical (NWM) generated EBITDA of $14.1 million for the period ending Sept. 30, 2018, a growth rate of 9.3% as of June 30, 2018. For the 12 months ended Sept. 30, 2018, VHG and NWM would have generated $47.7 million in revenue, representing 1.3% growth over the last 12 months ended June 30, 2018. GEC, which acquired an 80% interest in VHG and NWM for $63.6 million earlier this year, stated that it is focused...

Great Elm Capital Group, Valley Health Group

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Reimbursement cuts create opportunity, says investor

October 5, 2018Theresa Flaherty, Managing Editor

WALTHAM, Mass. - While many investors are afraid of what CMS has done to reimbursement, Great Elm Capital sees it as an opportunity, says John Ehlinger, managing director.GEC is a publicly traded holding company that made its first homecare deal in September when it partnered with Mesa, Ariz.-based Valley Healthcare Group to acquire Portland, Ore.-based Northwest Medical and combine the two companies.“CMS has catalyzed an interesting position where they cooled the sector to investment from...

Great Elm Capital, Home Medical Equipment (HME), Valley Health Group

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