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Bellevue

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Bellevue goes big

July 22, 2021Liz Beaulieu, Editor

BELLEVUE, Wash. – Bellevue Healthcare in June opened its largest location yet.   The 10,000-square-foot location in Burlington, Wash., focuses on retail but also serves as a distribution hub for servicing some of the more remote parts of the state, including the San Juan Islands, says Joel Gallion, president.  “We have stores in Everett and Bellingham, and this is in between,” he said. “So, from a logistical standpoint, it’s a good middle ground.”  Also...

Bellevue Healthcare, Home Medical Equipment


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Dave Kozak

Providers

From Dunkin’ to DME

July 16, 2021Theresa Flaherty, Managing Editor

SCOTTSDALE, Ariz. – While a national coffee franchise may not seem to have much in common with a regional DME provider, at their core, they’re both multi-unit retail locations, say Dave Kozak, who was recently named chief marketing officer of AZ MediQuip.  Kozak spent several years as director of marketing for Dunkin’ Brands, where he, along with Mark Belanger, now COO for AZ MediQuip, was responsible for the East Coast company’s westward expansion.  “There’s...

AZ Mediquip


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Providers

Rotech files IPO

July 7, 2021HME News Staff

ORLANDO, Fla. – Rotech Healthcare Holdings has filed for an initial public offering of up to $100 million and plans to list on the Nasdaq under the symbol ROTK.  The company had $534 million in sales for the 12 months ended March 31, 2021.  Rotech Healthcare offers a comprehensive range of home medical equipment and products and services across five core business lines: oxygen, ventilators, sleep therapy, wound care and DME. The company's payer mix includes commercial insurers,...

Home Medical Equipment, rotech healthcare


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‘Flat-out miserable’: Pacific Northwest providers work through heatwave

Providers

‘Flat-out miserable’: Pacific Northwest providers work through heatwave

July 2, 2021Theresa Flaherty, Managing Editor

SPOKANE, Wash. – With scattered power outages and ACs operating at maximum capacity, HME providers in the Pacific Northwest were working overtime to make sure staff, particularly delivery techs, stayed cool and hydrated, and patients were taken care of.  “We’re making sure people are staying hydrated,” said Brandon Whitney, an ATP and customer service team lead for Inland Medical and Rehab in Spokane, Wash. “The delivery...

Brandon Whitney, Erik Mickelson, heat wave, Home Medical Equipment, Joel Gallion


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AdaptHealth names Griggs CEO

Providers

AdaptHealth names Griggs CEO

June 15, 2021HME News Staff

PLYMOUTH MEETING, Pa. – Luke McGee has resigned from his positions as co-CEO and director of the board of AdaptHealth, and Stephen Griggs has been named CEO effective immediately.  Griggs, who is also a member of the board, joined AdaptHealth in February as co-CEO following the company’s acquisition of AeroCare Holdings, which he founded and led as president and CEO.  “Steve’s extensive management experience, along with health sector expertise and a proven...

AdaptHealth, CEO, Investigation, Luke McGee, Steve Griggs


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Humana buys second home care provider

Providers

Humana buys another home care provider

June 15, 2021HME News Staff

LOUISVILLE, Ky. – Humana has signed a definitive agreement to acquire onehome, a provider of a variety of home-based services, from WayPoint Capital Partners.  onehome has been operating a value-based model in Florida and Texas, and has served Humana members since 2015.  “At Humana, we are implementing a strategy to build a new value-based home health model that will improve patient outcomes, increase satisfaction for patients and providers, and provide greater value for...

Humana, M&A, onehome, Private Equity, Value-Based Care


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Gary Sheehan

Providers

Gary Sheehan on industry’s shared vision

June 11, 2021Theresa Flaherty, Managing Editor

SANDWICH, Mass. – Just a year after forming through the merger of America's HealthCare at Home, Cape Medical Supply and Health Complex Medical, Spiro Health was acquired by AdaptHealth – and no one was more surprised than CEO Gary Sheehan.  “That was never part of the plan, but life happens,” he said. “We watched the merger of Adapt and AeroCare and have a ton of respect for both senior management teams. So, we took the call to discuss what it might look...

AdaptHealth, Cape Medical Supply, Gary Sheehan, Spiro Health


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Providers

Hospice Source makes acquisition in California

June 9, 2021HME News Staff

DALLAS – Hospice Source has acquired Respiratory Therapy Home Care of Bellflower, Calif., further expanding its presence in the state.   "Hospice Source is committed to providing exceptional patient care to all its hospice partners,” said Jeff West, CEO. “The acquisition of RTHC allows us to extend that passion for service to a greater number of Southern California hospice patients and hospice partners.”  Founded in 1997, Hospice Source offers full-service...

Hospice Source, Respiratory Therapy Home Care


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Providers

Quipt readies for ‘pivotal time’

June 3, 2021Theresa Flaherty, Managing Editor

CINCINNATI – With a toehold in Florida and $27 million in cash on hand, Quipt Home Medical is serious about growth, company execs said on a recent earnings call.  “We are looking for turnkey respiratory companies that can be seamlessly integrated,” said Hardik Mehta, CFO. “We have a number of targets in sight – 15-plus with a cumulative value in the broad range of $75 million to $150 million.”  A top priority: Leveraging the acquisition of Jacksonville,...

Home Respiratory Equipment, Quipt Home Medical


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Providers

Quipt rides ‘tailwinds’ to revenue growth

June 2, 2021HME News Staff

CINCINNATI – Quipt Home Medical reported revenue of $24.2 million for its second quarter of fiscal year 2021, a 36% increase compared to the same period in 2020. Adjusted EBITDA was $5.4 million vs. $4.2 million. “As evidenced by our results, home health continues to experience structural tailwinds, which we expect to provide our business extraordinary opportunity for years to come,” said CEO and Chairman Greg Crawford. “With our rebranding process behind us, we are...

Home Medical Equipment, Quipt Home Medical


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