ORLANDO, Fla., (February 4, 2021)—AeroCare Holdings, Inc. announced that it has been acquired by AdaptHealth Corp. The acquisition was consummated for total consideration consisting of approximately $1.1 billion in cash and 31 million shares of AdaptHealth stock.
AeroCare
PLYMOUTH MEETING, Penn. (December 3, 2020)—AdaptHealth Corp., a provider of home medical equipment (HME) and related services, announced Tuesday that it has entered into an agreement to acquire Orlando, Florida-based AeroCare Holdings, Inc., in a deal valued at about $2 billion.
SAN FRANCISCO (October 30, 2019)—SkyKnight Capital (SkyKnight), a San Francisco-based private equity firm, announced that it has made an investment into AeroCare Holdings, Inc. (AeroCare), a provider of home health care solutions focused on patients with chronic respiratory conditions. AeroCare management and existing shareholders, including Peloton Equity, SV Health Investors and Morgan Stanley Investment Management’s AIP Private Markets, will remain invested as part of the transaction.
BREA, Calif. (July 22 2014)—The ITC has reversed its recent decision in the matter of ResMed’s complaint regarding the design of Apex Medical’s XT CPAP machine water chambers.
The notice states:
“The Commission has further determined Apex’s redesigned XT CPAP humidifier is not covered by the Consent Order, thereby reversing the ALJ’s finding on this point.
LAKE WALES, Fla. (Dec. 30, 2013)—3B/BMC, a global supplier of sleep diagnostics and sleep therapy products, announces FDA 510(k) clearance on the iVolve family of CPAP interfaces. The mask line rounds out 3B/BMC’s CPAP mask offering with a new premium, ultra lightweight, comfortable line of interfaces.
The iVolve mask line has dual extra soft silicone lining for added comfort, and extremely quiet ventilation.
LAKE WALES, Fla. (October 1, 2013)—Developers of sleep therapy solutions, 3B, announced the launch of iCode Connect, a cloud-based information management system that makes transferring sleep reports seamless. iCode Connect integrates with 3B’s free smartphone app, a first-of-its-kind app that decodes and sends sleep reports with the snap of a photo.
IRVINE, Calif., May 30, 2013—Breathe Technologies, Inc., a manufacturer of innovative medical devices for people with respiratory conditions, announces the Food and Drug Administration (FDA) has granted the company 510(k) clearance to market its Sleep System (Continuous Positive Airway Pressure, or CPAP & Interface) in the U.S. for treatment of Obstructive Sleep Apnea (OSA).
National Government Services, the Jurisdiction B Durable Medical Equipment Medicare Administrative Contractor (DME MAC) Medical Review Department has completed a widespread prepayment Targeted Medical Review (TMR) of 314 random claims for continuous positive airway pressure (CPAP) devices, HCPCS code E0601KH. Only 61 claims were allowed as billed and 197 were denied—an error rate of 81 percent.