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Durable medical equipment (DME) is a category of medical devices designed to assist individuals with disabilities, injuries, or chronic health conditions. [1] These devices are prescribed by healthcare professionals and intended for repeated use over an extended period.
Lincare Holdings Inc. was a publicly traded healthcare company headquartered in Clearwater, Florida. [2] Lincare was leading the respiratory homecare industry by serving approximately 1.8 million patients nationwide Lincare operates from over 700 locations in 49 states across the United States and employs 10,000 people, including 1,300 licensed clinicians.
It is often referred to as "durable" medical equipment (DME) as it is intended to withstand repeated use by non-professionals or the patient, and is appropriate for use in the home. Medical supplies of an expendable nature, such as bandages, rubber gloves and irrigating kits are not considered by Medicare to be DME.
A pair of Miami-Dade doctors — orthopedic surgeon Lawrence Alexander and chiropractor Dean Zusmer — were found guilty Monday of participating in a network of medical equipment companies that ...
Kalispell Medical Equipment services nearly 20,000 square miles and 170,000 people around the Flathead Valley, including Flathead County, Lake County, and Lincoln County. [3] KME is a member of the Kalispell Chamber of Commerce. It is fully accredited as a Durable Medical Equipment Company by the Healthcare Quality Association on Accreditation.
In 1996, the company bought J. E. Hanger, Inc., of Georgia. This acquisition doubled the size of the company, which now had 175 patient care centers, six distribution sites, four manufacturing plants and 1,000 employees in 30 states. Hanger continued purchasing small companies and by 1998, was operating 256 patient care centers.
By the late 2000s, the company's revenue was over $1 billion and reported an increase of 17 percent in 2007 to $1.61 billion. [20] Revenue for 2008 was $1.88 billion, increasing to $1.99 billion in 2009 [21] and in 2010 increased to $2.02 billion. [22] On November 4, 2011, the company went private again at a price of $68.50 per share.
The CONMED Corporation is a publicly traded American manufacturer of medical equipment, primarily orthopedic, endoscopy, and general surgical tools. [2] In 2021, orthopedics made up $550 million of its revenue. [3] It is part of the S&P 600. It has manufacturing facilities in the United States and Mexico, and sales and distribution offices ...
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