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In addition to recent acquisition of Hometown Respiratory, Aeroflow has announced it is looking for companies to acquire as part of a strategic expansion of its durable medical equipment (DME) business.
Asheville, NC (PRWEB) August 28, 2014
Aeroflow Healthcare has announced it is looking for companies to acquire as part of a strategic expansion of its durable medical equipment (DME) business. Aeroflow is positioned for taking ownership of new businesses through additional resources and a strong foundation to increase economies of scale.
Last week, the company announced that it has signed an agreement with Hometown Respiratory to increase service in the High Point/Greensboro/Winston-Salem area. This comes after Aeroflows purchase of local oxygen and respiratory service company AirCare in January.
The company is seeking to acquire a strategic partner that can greatly accelerate its growth as Aeroflows focus shifts to a national scale. Ideally, Aeroflow is seeking a DME company with a history of providing oxygen, PAP, and other standard DME products; either multi-line or single product categories.
Director of Operations, Ryan Bullock, said, "Our objective is to create stronger relationships with payers and suppliers in order to provide excellent customer service, transitional care, and assistance with continuum of care across multiple aspects of a patients reliance on home medical equipment."
Over the past year the company has been positioning itself to withstand the upcoming reimbursement cuts from private payers as well as the current federal Competitive Bidding Program. This model allows for economies of scale and the ability for Aeroflow to thrust into what the future holds. The company does not currently have plans to stop accepting patients from any payer they are currently contracted with; in order to maintain this, Aeroflow is looking to increase market share and leverage through acquisitions. Interested parties can contact Aeroflow Healthcare for more information by calling (888) 345-1780 ext 3326 or visiting http://www.aeroflowinc.com.
ABOUT AEROFLOW HEALTHCARE
Aeroflow Healthcare is the premier medical equipment provider of the Southeast, and services patients nationwide. Aeroflow is an accredited Medicare and Medicaid provider and accepts most commercial insurances. Their qualified staff offers years of experience in helping patients receive mobility, respiratory, sleep apnea and other medical equipment. Aeroflow is also the parent company of FetchRx Pet Pharmacy and CheapCPAPSupplies.com. For more information, visit http://www.aeroflowinc.com or call (888)-345-1780.
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