IRVING, Texas–(BUSINESS WIRE)–National HME, a leading provider of durable medical equipment solutions and services to hospice and alternate sites of care, today announced that it has acquired Hospice Source, a provider of medical equipment to hospice patients and facilities. This acquisition expands National HME’s footprint, with added capacity to offer best-in-class service and solutions to hospices and their patients across the United States.
“We are thankful for the new healthcare provider relationships created through this acquisition and we are excited for the opportunity to provide exceptional services through our national platform and leading Hospice Cloud Pro technology,” said Jeffrey Waldman, Chairman and CEO of National HME. “The entire National HME organization, along with our new team members from Hospice Source, who we are thrilled to welcome, are committed to enabling a comforting and compassionate patient experience.”
The transaction will provide immediate value and improved efficiency for Hospice Source customers. With Hospice Cloud Pro underpinning a team of highly skilled medical service technicians and deep institutional operational experience, National HME partners with healthcare providers to reduce their operating costs while maintaining critical hospice benefits for their patients.
About National HME
National HME, Inc., headquartered in Irving, Texas, is one of the largest direct providers of technology-enabled hospice medical equipment (“HME”) management solutions. The company serves thousands of hospices through its 50+ owned and operated locations around the United States and robust partner network. Through Hospice Cloud Pro (“HCP”), the Company’s proprietary web-based technology, National HME provides its customers with consolidated ordering and invoicing as well as data on utilization, cost trends, and network management for reporting and analytics. This enables National HME’s customers to predict and reduce costs, manage utilization, enhance operational efficiency, collect critical data, and improve quality of care. For more information, please visit www.nationalhme.com.
