Grant Avenue Capital invested $55 million into medical equipment provider Performance Home Medical (PHM), Grant managing partner Buddy Gumina tells Axios exclusively. Grant Avenue made a majority investment Kent, Washington-based PHM late last year. It was previously owned by two Pacific Northwest-based health systems, which were leveraging PHM as their DME provider for discharged patients. Founded in 2011, PHM provides home care services and equipment to patients in need of obstructive sleep apnea devices, oxygen, ventilators and CGM technology.
Read the full article: Performance Home Medical Secures $55M from Grant Ave //
Source: https://www.axios.com/pro/health-tech-deals/2024/11/07/performance-home-medical-secures-55m-from-grant-ave