NORTHFIELD, Ill. (June 7, 2021)—Medline Industries, Inc., a privately held manufacturer and distributor of health care supplies with 2020 revenue of $17.5 billion, has entered into a definitive agreement through which it will receive a majority investment from a partnership comprised of funds managed by Blackstone, Carlyle and Hellman & Friedman. Those close to the deal value it at $30 billion, including debt.

ARLINGTON, Va. (June 1, 2021)—Home medical equipment (HME) suppliers in rural and other non-bid areas received significant support in the April 2020 Cares Act through measures that extended the 50/50 blended rate for rural suppliers through the COVID-19 public health emergency (PHE), and for the first time provided a 75/25 rate (a blend using 75% current adjusted rates and 25% unadjusted rates) for suppliers in other non-bid areas for the duration of the PHE.