BRENTWOOD, Tenn. (November 13, 2018)—Numotion announced its acquisition by an affiliate of AEA Investors LP. AEA acquired controlling interest in Numotion from LLR Partners and Audax Group. LLR Partners has reinvested in Numotion as a minority shareholder. The private equity firms are partnering with Numotion’s existing management team to help fund the company’s continuing growth initiatives. Harris Williams & Co. served as financial advisor to Numotion.
OVERLAND PARK, Kan. (November 13, 2018)—Breathe, an independent diagnostic testing facility (IDTF) that provides third-party testing for DME providers, announced the addition of capnography testing to its software platform.
The term capnography refers to the noninvasive measurement of the partial pressure of carbon dioxide (CO2) in exhaled breath expressed as the CO2 concentration over time. Capnography can detect respiratory depression and apnea.
AMSTERDAM (November 12, 2018)—Royal Philips announced the launch of a global initiative to celebrate everyday wins by patients, providers and caretakers regarding the management of chronic obstructive pulmonary disease (COPD). Launching on World COPD Day November 21, this awareness and celebratory campaign aims to help inspire COPD patients and their caregivers around ways to improve their overall quality of life.
SAN FRANCISCO (November 14, 2018)—Honor, a provider of homecare services company and founder of the Honor Care Network, announced the opening of the company’s second operations center to be located in Austin, Texas. The new 30,000 square foot operations center in North Austin will complement Honor’s current operations center in Concord, California, where the company manages its care operations.
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WEST DES MOINES, IOWA (November 9, 2018)—Briggs Healthcare announced it has entered into a definitive agreement to acquire Selman-Holman & Associates. As a wholly-owned subsidiary of Briggs, Selman-Holman will continue to expand its education and compliance solutions for the home health industry.