MODESTO, Calif. – Home Oxygen Company has acquired the DME division of Community Hospice & Health Services in Modesto, Calif. “We are honored to service Community Hospice & Health Services patients,” said Andrea Ewert, CEO Of Home Oxygen Company. The deal was finalized June 15; terms were not disclosed. Home Oxygen Company has moved its warehouse to a larger, 10,000-square-foot distribution center to accommodate the purchase and serve as a regional distribution enter for its warehouses in Sacramento and the San Francisco Bay area. Community Hospice & Health Services will have greater access to the latest respiratory technology and services. George Herbert, the DME division manager, will retire after 28 years in the industry.
The M&A market for healthcare companies continues to build on STRATEGIC opportunities. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
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