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ROTECH HEALTHCARE INC. COMPLETES PURCHASE OF CERTAIN SPECIALIZED MEDICAL SERVICES ASSETS IN WYOMING


Posted: Dec. 08, 2014

Orlando, FL – Rotech Healthcare Inc. (Rotech) announced it has completed its asset purchase of certain Specialty Medical Services assets located in Cody, Wyoming and surrounding areas, increasing Rotech’s ability to serve respiratory-related home healthcare patients and referral sources in that part of Wyoming.

“This is a welcome day for our company, as we continue to execute our plan to increase our presence in both rural and metropolitan U.S. healthcare markets through acquisition and location expansion” said Tim Pigg, Rotech’s Chief Executive Officer. “At the same time, we have doubled our efforts to attract sales and operations talent to strengthen our market share in the communities we serve.”

“Rotech is looking to leverage its platform to expand its presence in existing and new markets with the support of its long-term oriented investors,” Pigg continued, “and I believe the combination of our post-emergence capital structure and supportive deep-pocketed investors gives Rotech one of the strongest balance sheets in the industry. Unlike many of our smaller distressed competitors, we have the staying power to ride the current market difficulties and capital available to invest in our core products and target healthcare markets. We will continue to seek acquisition opportunities to build upon Rotech’s platform in the future. I encourage DME owners who are considering selling their business to call Rotech at 877.603.7840.”

About Rotech Healthcare Inc.

Timothy C. Pigg, President & CEO • 2600 Technology Drive, Suite 300, Orlando, FL 32804 • 877.603.7840

 

 

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