CINCINNATI—Quipt Home Medical Corp. has bought Great Elm Healthcare, LLC, a division of Great Elm Group, Inc. that operates a complete line of respiratory-related durable medical equipment (DME) service locations across eight states in the Midwest, Southwest and Pacific Northwest and had $60 million in revenue last year.
NASHVILLE, Tennessee—Monogram Health, a value-based specialty provider of in-home evidence-based care and benefit management services for patients living with polychronic conditions, including chronic kidney and end-stage renal disease, has closed on $375 million of new funding.
Expect 2023 to be a big year for Programs of All-Inclusive Care for the Elderly (PACE), which have been gaining attention since the COVID-19 pandemic drew public attention to failures in the health care system. The PACE Innovation Act allows pilot programs to expand their reach, and the Alliance for PACE Innovation and Quality has launched a new project in 2023 designed to hit a target of 200,000 PACE participants in five years.
EL SEGUNDO, California—24 Hour Home Care, a non-medical in-home care provider, announced Simon Close will be promoted to president of its Senior Care division. Close joined the 24 Hour Home Care team in 2020 as vice president of sales and brings a wealth of knowledge in the health industry and worldwide business experience. As president of senior care, Close is focused on serving clients and their families by making it easy to access in-home care with an effortless experience.
LAS VEGAS—Assistive robotics company Labrador Systems is presenting new demonstrations of its award-winning personal robot at CES (formerly the Consumer Electronics Show).
BALL GROUND, Georgia—CAIRE Inc., a global manufacturer of oxygen therapy and on-site generation systems, has finalized the acquisition of St. Paul, Minnesota-based MGC Diagnostics Holdings, Inc. (MGC). This acquisition strengthens CAIRE’s position and focus on diagnostic technologies — furthering expanding its expertise in serving patients throughout the progression of pulmonary disease, the company said in a news release.
FORT WORTH, Texas—Health care mergers and acquisitions (M&A) advisory firm VERTESS recently welcomed Jonathan Hadley as its newest managing director. Hadley brings a wealth of knowledge and experience in the medical device space after leading and growing the largest medical device service organization in North America, MSC Biomedical.
ERLANGER, Kentucky—Adaptive Imports has a new president and clinical director: Melissa “Missy” Tally.
Tally will oversee the United States sales and distribution of complex rehabilitation equipment brands including: Jenx, Hoggi, Krabat, SafeSpaces and HeadOvations. She will will focus on support for Adaptive Imports’ national team of independent sales representatives, customers, assistive technology professionals (ATPs), clinicians and referral sources.
JENSEN BEACH, Florida—Careficient Inc., a provider of electronic medical record (EMR) solutions for home health, hospice and homecare, announced the acquisition of Net Health’s EMR line of home health, hospice, homecare and palliative solutions and revenue cycle management (RCM) services.
RALEIGH, North Carolina—The CEO of two North Carolina durable medical equipment (DME) companies has been sentenced to 80 months in prison for health care fraud, according to the U.S. Department of Justice.