HME News: Philips buys Australian pharmacy sleep services provider

Royal Philips has signed an agreement to buy Australian Pharmacy Sleep Services, in a move that the company says will accelerate its home sleep testing offering through the pharmacy channel in Australia. “With the addition of APSS to our sleep and respiratory care business in Australia, Philips will be able to provide better access to Read more about HME News: Philips buys Australian pharmacy sleep services provider[…]

Allegheny Health Network expands infusion business with acquisition

The Allegheny Health Network, in Pennsylvania, is expanding its home health business by purchasing a Pittsburgh pharmacy that specializes in home infusion medicines. The North Shore-based nonprofit hospital system, which is owned by Highmark Health, said its Healthcare@Home division acquired the home infusion pharmacy in Sharpsburg from Infusion Partners, a subsidiary of Elmsford, N.Y.-based BioScrip Read more about Allegheny Health Network expands infusion business with acquisition[…]

ResMed Acquires software solutions provider Jaysec

ResMed has acquired Jaysec, a provider of Internet-based software solutions for the HME industry. Headquartered in Knoxville, Tenn, Jaysec’s products help HME providers resupply their patients and communicate with referring medical providers. “Jaysec’s products streamline key HME business practices such as resupply, allowing home medical equipment providers to focus on delivering quality care for their Read more about ResMed Acquires software solutions provider Jaysec[…]

Kindred Healthcare steps up hostile pursuit of Gentiva

Kindred Healthcare Inc raised its hostile bid for a stake in Gentiva Health Services Inc, stepping up its pursuit of the home healthcare services provided by Gentiva to an aging U.S. population. Hospital operator Kindred offered $16 per share for a 14.9 percent stake in Gentiva, valuing the company at $589 million, based on the Read more about Kindred Healthcare steps up hostile pursuit of Gentiva[…]

Health data platform Validic acquires Infometers to boost clinical device integrations

Durham, North Carolina-based health data platform company Validic announced this week that it had acquired its partner Mountain View, California-based Infometers for an undisclosed sum. Validic’s CEO Ryan Beckland told MobiHealthNews that his company bought Infometers for its technology capabilities and for its team. All full-time Infometers employees have joined Validic, Beckland said, but the Read more about Health data platform Validic acquires Infometers to boost clinical device integrations[…]

HME News: Wright & Filippis sells to Lincare

Wright & Filippis said goodbye to 35 years of providing home medical equipment and respiratory services on June 30, when it sold that part of its business to Lincare. “In Medicare’s eyes and the payers’ eyes, those businesses have moved to a commodity business,” said A.J. Filippis, CEO. “We decided we wanted to get back Read more about HME News: Wright & Filippis sells to Lincare[…]

WellCare Acquires Certain Assets from Healthfirst New Jersey

WellCare Health Plans, Inc. announced that its New Jersey subsidiary has completed the acquisition of Medicaid assets from Healthfirst Health Plan of New Jersey, Inc. (Healthfirst NJ). The acquired assets primarily are associated with the approximately 42,000 Healthfirst Medicaid members who are expected to be transferred to WellCare’s Medicaid plan, as well as certain provider Read more about WellCare Acquires Certain Assets from Healthfirst New Jersey[…]

Gentiva Board Rejects Unsolicited Tender Offer from Kindred

Gentiva Health Services, Inc. announced that its Board of Directors unanimously determined to reject the unsolicited tender offer from Kindred Healthcare, Inc. to acquire all of the outstanding shares of Gentiva, together with the associated preferred share purchase rights, for a price of $14.50 per share in cash. The Board determined that the Offer is Read more about Gentiva Board Rejects Unsolicited Tender Offer from Kindred[…]