durable medical equipment

FORT WORTH, Texas—VERTESS, a leading health care mergers and acquisitions (M&A) advisory firm, announced a strong start to 2025, marked by the closure of five significant transactions across various health care sectors.

Key Transactions:

In the United States, the market for durable medical equipment (DME)—including oxygen concentrators, continuous positive airway pressure (CPAP) machines and peritoneal kidney dialysis machines—has a projected market increase from $43.3 billion in 2022 to $64.8 billion in 2027. However, a study found that those who rely on this equipment tend to be energy insecure, as operating this equipment can add significantly to household energy bills. 

CONSHOHOCKEN, Pennsylvania—AdaptHealth Corp. (AdaptHealth or the company), which provides patient-centered, health care-at-home solutions including home medical equipment, medical supplies and related services, announced its financial results for the first quarter ended March 31, 2025.

First Quarter Results and Highlights

All comparisons are to the quarter which ended March 31, 2024.

ST. PAUL, Minnesota—Sumitomo Corporation has, through its group company, Sumitomo Corporation of Americas (collectively Sumitomo Corporation Group), acquired ActivStyle, LLC, a U.S. provider of home medical supplies for patients with chronic conditions, in May 2025. Prior to this, in April 2025, Sumitomo Corporation increased its stake in Vast Medical Holdings, the parent company of Quest, a provider of home medical equipment, supplies and services for people with diabetes.

NEW YORK—Manishkumar Patel, 44, of Pelham Manor New York, was sentenced to 14 months in prison for defrauding Medicare of close to $50 million. Patel previously pled guilty to conspiring to commit health care fraud, wire fraud and violating the Anti-Kickback Statute.

LAFAYETTE, Louisiana—Viemed Healthcare, Inc., a post-acute respiratory provider, announced that it has agreed to buy Illinois-based Lehan’s Medical Equipment, a health care company offering home medical equipment (HME) with specialties in respiratory care and women’s health.

ARLINGTON, Virginia—The Rehabilitation Engineering and Assistive Technology Society of North American (RESNA) Standards Committee on Emergency Stair Travel Devices (ESTD) has released a final draft standard, "RESNA ED-1 Standard for Evacuation Devices - Volume 1: Emergency Stair Travel Devices used by individuals with disabilities," for a public comment period starting May 9, 2025. 

ST. LOUIS, Missouri—Responsive Respiratory (RRI) recently introduced a Patient Bed Transport Cart to its line of industrial transport and storage solutions.

A federal jury convicted a Louisiana nurse practitioner on Thursday, May 1 for her role in an over $2 million health care fraud scheme.

ROCHESTER HILLS, Michigan—InfuSystem Holdings, Inc., a national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, announced it will issue first quarter 2025 financial results on Thursday, May 8, 2025, before the market opens.

The company will also conduct a conference call for all interested parties on Thursday, May 8, 2025 at 9 a.m. ET to discuss its financial results.

LITTLE ROCK, Arkansas—Arkansas’s Governor Sarah Huckabee Sanders has signed into law Act 857, which amends the coverage of continuous glucose monitors (CGMs) in the Arkansas Medicaid program. This industry legislation protects CGM access by:

ASHEVILLE, North Carolina—

GERMANTOWN, Maryland—The HealthWell Foundation, an independent non-profit organization that provides financial assistance for underinsured Americans, announced it has opened a new fund that aims to assist with out-of-pocket costs for cancer homecare services and durable medical equipment (DME).

CAMBRIDGE, England—Inotec AMD, a medical equipment manufacturer, announced the close of its $33 million Series C financing round. The company said this funding—led by investors Amadeus Capital Partners, Meltwind, Puhua Capital and the Wealth Club—intends to further its mission to heal chronic wounds and improve patients’ lives on a global scale.

SUNNYVALE, California & ASHEVILLE, North Carolina—HealthTap, a virtual health care provider, announced its launch into the durable medical equipment (DME) market with its first partner, Aeroflow Health, a provider of home medical equipment and supplies. By joining the DME market, HealthTap aims to help more patients access primary care and DME services. 

NEWARK, New Jersey—United States Attorney Vikas Khanna announced that two Florida men, a father and son duo, were arraigned on charges relating to their roles in a multimillion-dollar durable medical equipment (DME) and prescription drug health care fraud and kickback scheme.

WASHINGTON—The Office of Inspector General (OIG) updated its work plan with two new durable medical equipment, prosthetics/orthotics and supplies-related reviews, the American Association for Homecare wrote in a recent e-newsletter to members. The OIG is part of the U.S. Department of Health and Human Services and is an independent office that reviews the department for fraud, waste and abuse.

WATERLOO, Iowa—Leitten Consulting has released a comprehensive report highlighting the critical need for Medicare to shift its focus from competitive bidding to proactive investment in durable medical equipment (DME). The report, authored by Brian Leitten, underscores the cost savings and health benefits of providing timely DME to Medicare beneficiaries. 

MINNEAPOLIS—Tactile Systems Technology Inc., a medical technology company providing therapies for people with chronic disorders, has been approved by the pricing, data analysis and coding (PDAC) contractor for the Centers for Medicare & Medicaid Services (CMS) for the use of health care common procedure coding system (HCPCS) code E0651 for billing the durable medical equipment Medicare administrative contractors for its pneumatic compression platform, “Nimbl.”