AdaptHealth Signs Definitive Agreement to Acquire Patient Care Solutions Business From McKesson Corporation
AdaptHealth Corp. - Class A (AHCO)
Company Research
Source: Business Wire
PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--AdaptHealth Corp. (NASDAQ: AHCO; AHCOW) (“AdaptHealth” or the “Company”), the third largest home medical equipment (HME) provider in the United States, today announced it has entered into a definitive agreement to acquire the Patient Care Solutions (PCS) business from McKesson Corporation. The proposed transaction is expected to close in December 2019, subject to the satisfaction of customary closing conditions. The total investment, including restructuring costs until the business is fully integrated on AdaptHealth’s platform in the latter half of 2020, is expected to be approximately $30 million.PCS currently provides wound care supplies, ostomy supplies, urological supplies, incontinence supplies, diabetic care supplies, and breast pumps directly to patients across the United States. The company maintains extensive national relationships with physicians, medical facilities and customers, and currently serves all 50 states.For the trailing
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News
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at Royal Bank of Canada from $13.00 to $11.00. They now have an "outperform" rating on the stock.MarketBeat
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at Truist Financial Co. from $13.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- AdaptHealth Corp. to Participate in the Stifel 2024 Healthcare ConferenceBusiness Wire
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at UBS Group AG from $13.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $14.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
AHCO
Earnings
- 11/5/24 - Miss
AHCO
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- AHCO's page on the SEC website