Home Oxygen Company announced that it has completed an asset purchase of the durable medical equipment (DME) division of Community Hospice & Health Services, a nonprofit, community-based hospice and support services agency based in Modesto, California. The transaction, announced on June 25, closed June 15, 2024.
Home Oxygen Company is a DME provider based in Modesto, California. The company provides cutting-edge home medical equipment and supplies for use in the home.
Home Oxygen Company has also moved its warehouse to a larger 10,000-square-foot distribution center to accommodate its expanded business. The new center will serve the Sacramento and San Francisco areas. Financial terms were undisclosed.
According to data captured in the LevinPro HC database, this acquisition represents the 47th Home Health & Hospice (HH&H) deal of 2024, and the 11th in the DME/respiratory home care (RHC) specialty. During 2023, there were 100 HH&H and 21 DME/RHC deals announced.
