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Provider of home medical equipment and related patient care services
adapthealth.comLast updated
In short: AdaptHealth reported fluctuating financial results, settled major lawsuits for over $49 million, and divested its diabetes business unit.
Net loss was $145.3 million due to a goodwill write-down, and full-year Adjusted EBITDA guidance was lowered to $490–520 million; Diabetes Health divestiture signed for $235 million.
The deal sharpens AdaptHealth's focus on core sleep and respiratory businesses, increases capital flexibility for reinvestment and debt reduction, and positions Diabetes Health with a larger owner.
Net revenue rose 5.4% to $819.8 million, adjusted EBITDA fell to $121.2 million, and the company raised full-year revenue guidance.
The $1.1 billion facility replaces existing debt, lowers interest pricing, and extends maturity to 2031, supporting operations and future note redemption.
Detailed price information for Adapthealth Corp Cl. A (AHCO-Q) from The Globe and Mail including charting and trades.
A North Carolina federal court has given its preliminary approval to a $14.3 million settlement of claims that Pennsylvania-based AdaptHealth Corp. overbilled patients for medical...
Wall Street Zen downgraded shares of AdaptHealth (NASDAQ:AHCO – Free Report) from a hold rating to a sell rating in a research report released on...
AdaptHealth Corp. (NASDAQ: AHCO) ("AdaptHealth" or the "Company"), a national leader in providing patient-centered, healthcare-at-home solutions including home...
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