Aerocare Announces Completion Of Acquisition By Adapthealth
Capital for the acquisitions of Solara and ActivStyle will come from a combination of debt and equity. Simultaneous with its buy of Solara, AdaptHealth has agreed to acquire ActivStyle, a medical supply company specializing in incontinence products, from The Riverside Company . ActivStyle is headquartered in Minnesota with branch locations in Iowa, Illinois, and Ohio.
But you’ve closed a number of deals since last quarter’s guidance. And then today, in my prepared remarks, I talked about raising $90 million to $100 million for acquisitions. So I think if you take that all together, you’re looking at $260 million to $290 million ballpark for acquisition raise. That’s a whole different team that’s making sure that that gets combined and integrated in their operations.
They don’t care for their employees, at least not the ones that do the bulk of the work. Poor pay, never ending work, and absolutely no incentives to thrive at this place. Represents equity-based compensation expense for awards granted to employees and non-employee directors. Net income attributable to AdaptHealth Corp. was $79.1 million, or $0.12 per diluted share, compared to $4.5 million, or $0.08 per diluted share, in the second quarter of 2020. Net revenue was $617.0 million, compared to $232.1 million in the second quarter of 2020, a 166% increase.
According to one global survey, 66 percent of people said they were aware of health coaching as a profession, and 31 percent said they’d undergone coaching personally. Kerry is Co-President and CEO of Pro-Change Behavior Systems, Inc., a research and development company on a mission to disseminate evidence-based behavior change solutions to maximize health and well-being. As a registered nurse, certified coach, and member of the Motivational Interviewing Network of Trainers , Jody has been fortunate to practice this passion in a number of organizations, including Kaiser Permanente, the Boeing Company, and Healthgrades. She’s also played a variety of roles in which she helped create strategy, reinvent policy, design programs and curriculum, facilitate, travel, speak, train, and coach. Jody is on a mission to change health and care in healthcare. She has a passion for health and how we create it, both in our individual lives and within organizations and populations.
For purposes of this metric, patient equipment capital expenditure is measured as the value of the patient equipment received during the accounting period without regard to whether the equipment is purchased or financed through lease transactions. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations and the Company’s acquisition pipeline. These statements are based on various assumptions and on the current expectations of AdaptHealth management and are not predictions of actual performance. Headquartered in Plymouth Meeting, Pennsylvania, the publicly traded AdaptHealth helps deliver home health equipment and medical supplies to patients in the home setting. Its offerings — often aimed at helping patients manage chronic conditions in the home — include equipment to treat diabetes, sleep disorders, respiratory illnesses and more. Included are programs that provide medical equipment on a loan basis as well as those that provide equipment that people can keep.
We work with Medicaid plans and State Medicaid Directors fostering innovation, de-risking ventures, cultivating reimbursement policy dialogue, and promoting effective deal flow and capital into Medicaid focused ventures. The offices and warehouses will remain in their current locations and be operated by AdaptHealth beginning on November 1, 2020. We are pleased to report that the vast majority of our colleagues have been offered positions with AdaptHealth. There is absolutely nothing good to say about working for this company. If you have applied and they call you either run away as fast as you can or make sure to ask for an outrageous amount of money because that’s the pay rate you’ll be stuck with the whole time you are employed here.