AdaptHealth Corp acquires patient care solutions business from McKesson Corporation

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AdaptHealth Corp the third largest provider of home medical equipment in the United States, announced that it has closed the previously announced acquisition of the Patient Care Solutions business from McKesson Corporation and named healthcare industry veteran Rodney Carson,as President of the newly-formed AdaptHealth Patient Care Solutions. The PCS acquisition adds urological and ostomy products to AdaptHealth’s HME product portfolio and increases the company’s footprint in areas such as wound care, breast pumps, incontinence supplies, and diabetic care.

Mr. Carson brings nearly two decades of healthcare operations experience to AdaptHealth PCS. He most recently served as President and CEO of CCS Medical,one of the country’s leading providers of home medical supplies. Prior to CCS,Mr. Carson was President of Operations of MDLIVE, a national provider of tele-medicine services,as well as EVP of Operations at Nations Health, and President of Liberty Medical Supply.

“We believe that AdaptHealth PCS is an important component of AdaptHealth’s continued expansion of its HME supply business and will allow AdaptHealth to further enrich our product portfolio and offer our patients, healthcare professionals and commercial payor partnersa truly robust suite of products,” said Luke McGee, CEO of AdaptHealth. “Rodney is an experienced, proven and creative leader who brings to AdaptHealth PCS a record of success in building businesses, enhancing customer experiences, and driving operational efficiencies. He is an ideal choice to help implement our growth strategies and we are excited to welcome him to our team.”

“I am honored to be joining AdaptHealth to lead the Patient Care Solutions business at this important moment in the company’s history,” said Mr. Carson. “I believe the company is well-positioned to successfully execute its role as a full-service provider of home medical equipment and supplies that places the highest priority on its patients and partners.”

About AdaptHealth Corp.

AdaptHealth Corp is the third largest provider of home medical equipment in the United States. AdaptHealth provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to life and thrive. Product and services offerings include sleep therapy equipment (CPAP and BiPAP machines and supplies), respiratory equipment (including oxygen, invasive and non-invasive ventilation), mobility equipment, wheelchairs, walkers, and hospital beds. AdaptHealth also provides custom bracing services, hospice focused HME services, wound therapy and nutritional HME services. The company is proud to partner withan extensive and highly diversified network of referral sources, including acute care hospitals, sleep labs, pulmonologists, skilled nursing facilities, and clinics. AdaptHealth services beneficiaries of Medicare, Medicaid and commercial insurance payors. As of September 30, 2019, AdaptHealth services over one million patients annually in 49 states through its network of 189 locations.