Providers
New accreditation cycle raises costs, burdens
June 5, 2026Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Home medical equipment (HME) providers who are preparing for resurvey and reaccreditation say CMS's move to an annual requirement adds significant administrative burden with little perceived benefit.
Providers push back on annual requirement
As part of its final rule on the competitive bidding program, CMS began requiring all providers to undergo annual reaccreditation starting Jan. 1, 2026 – a shift from the previous three-year cycle.
Providers say...
Sanford Health Equip buys Great Plains Restorative Services
June 2, 2026HME News Staff
BISMARK, N.D. – Sanford Health Equip has acquired Great Plains Restorative Services, a home medical equipment (HME) provider serving Bismarck, Dickinson and surrounding rural communities, in a move that expands its footprint into western North Dakota.
As a result of the deal, patients in the area will have access to expanded resources, a broader product offering and a regional care network, Sanford Health Equip says.
“Great Plains has built strong relationships and a reputation...
King Drug and Home Care grows where access is thin
May 29, 2026HME News Staff
OWENSBORO, Ky. – King Drug and Home Care’s newest location puts DME closer to where patients in Owensboro are already receiving care.
Located near the hospital, doctor’s offices and a retail center, the new East-side location gives patients and referral sources another access point in a market where reimbursement pressure, consolidation and provider exits have made convenience harder to maintain.
“Being close to the hospital seemed to be a no-brainer,” said Amy...
Growing the ‘George’s Way’ in Ohio
May 15, 2026Theresa Flaherty, Managing Editor
BROOKVILLE, Ind. – George’s Pharmacy & Medical Equipment, which has 11 locations in Indiana, is taking its hands-on approach to customer service to Ohio, where it recently opened a location in Blue Ash, its first in the state.
“I’ve always wanted to go to Ohio,” said Trent Gillman, owner and CFO. “Nobody offers the full everything, a one-stop shop in Ohio. So, our goal is to start out in Cincinnati and see how it goes.”
The family-owned George’s...
Accendra Health lags in Q1 but lays groundwork for standalone status
May 13, 2026HME News Staff
RICHMOND, Va. – Accendra Health’s overall growth rates during the first quarter were “not where they need to be,” but execs say they’ve laid the groundwork for long-term health as a standalone company.
Streamlining after loss of contract
The company has mostly completed its previously announced exit from its contract with a large commercial payer while working to ensure continuity of care for patients, CEO Edward Pesicka said on a recent earnings call. That included...
Accendra Health reports Q1, announces $1.5B optimization
May 11, 2026HME News Staff
RICHMOND, Va. – Accendra Health reported $627.8 million for the first quarter of 2026 vs. $673.9 million for the same period last year. Adjusted EBITDA was $58.4 million vs. $96 million.
Unless otherwise noted, the results reflect Accendra’s continuing operations, which represent what was previously the Patient Direct segment and certain functional operations. The company ended the fourth quarter of 2025 by selling its Products & Healthcare Services (P&HS) business to Platinum...
Scale matters: Kingswood writes Quipt’s growth story
May 8, 2026Theresa Flaherty, Managing Editor
LOS ANGELES – With its recent acquisitions of Quipt Home Medical and Drive Medical, Kingswood Capital Management sees plenty of opportunity in the home medical equipment industry to take high-quality platforms and grow them both organically and through M&A, says Kingswood Partner Michael Niegsch.
“We focus on situations with strong downside protection and multiple levers for value creation,” he said. “The HME market fits that well, given its non-discretionary demand. You’ve...
AdaptHealth contract to drive long-term growth but comes with short-term costs
May 6, 2026Theresa Flaherty, Managing Editor
CONSHOHOCKEN, Pa. – AdaptHealth is now the exclusive HME provider for more than 10 million new members thanks to a large, capitated contract that has been driving a period of ramped up activity – and costs – including 35 de novo locations over the past few months.
Capitated contract drives scale — and short‑term costs
While covered membership count, revenue per member, utilization and product costs for the five-year, $1 billion contract are all meeting expectations,...
Finnegan Health Services buys Eclipse Medical
May 5, 2026HME News Staff
CONWAY, Ark. – Finnegan Health Services has acquired Eclipse Medical, a North Little Rock, Ark.-based provider specializing in diabetes and urology supplies. The deal expands Finnegan’s product offerings, enhances its operational scale and deepens its relationships with physicians, payers and health care partners.
“Eclipse Medical is a natural fit with our mission to deliver high-quality, patient-centered care,” said Todd Ross, President & CEO of Finnegan Health Services....
AdaptHealth sets stage for ‘defining year’
May 5, 2026HME News Staff
CONSHOHOCKEN, Pa. – AdaptHealth reported revenue of $819.8 million for the first quarter ended March 31, 2026, an increase of 5.4% over the same period the prior year.
Other financial results
Organic revenue growth of 9.1%, with growth across each of the reportable Segments.
Net loss attributable to AdaptHealth Corp. was $16.0 million compared to net loss of $7.2 million.
Adjusted EBITDA was $121.2 million compared to $127.9 million, a decrease of 5.3%.
Cash flow from operations...