Durable Medical Equipment

Aspen Medical Products Acquires Advanced Orthopaedics

Aspen Medical Products (Aspen), the industry leader in spine innovation for pain and mobility management, has acquired Advanced Orthopaedics – a leading manufacturer and supplier of bracing solutions and orthopedic soft goods. This strategic purchase extends Aspen’s strength beyond spine, enhancing its global reach with a comprehensive portfolio and customer-centric solutions. Advanced Orthopaedics and Aspen […]

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PHM Bets on Remote Monitoring, ‘Marriage’ with Hospitals

Performance Home Medical plans to use an additional $55 million investment from Grant Avenue Capital to shift its business from value-based care to “outcome-related payments,” says CEO Larry Mastrovich. To help make that shift, the company plans to invest in remote patient monitoring, which fits in neatly with its core disease state management platform for

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HME’s Road Ahead

This is an introspective time of year, as sunsets come sooner and the days left on the calendar dwindle. It’s been a turbulent time for the home medical equipment (HME) industry, given the end of the 75/25 blended rate for Medicare reimbursement. But there have been triumphs as well. HME Business asked a range of

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Nationwide Medical Announces Partnership with Heritage Group

Nationwide Medical (“Nationwide” or the “Company”), a national provider of home medical equipment (“HME”) and clinical services for patients with chronic sleep and respiratory conditions, is pleased to announce that it has formed a growth partnership with Heritage Group, healthcare-focused private equity firm. Headquartered in Calabasas, CA, Nationwide operates in 49 states and serves over

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