National HME acquires Allcare Medical

Richland Hills, Texas-based National HME acquired Allcare Medical last week, a move that furthers National HME’s reach as the nation’s largest provider of technological medical equipment for the hospice industry. This is the second major acquisition for National HME this year.

Allcare Medical, based out of Greenville, S.C., is a medical equipment provider specializing in serving hospice agencies. The addition of Allcare helps expand National HME’s presence to the Southeast U.S., the company said in a statement.

"This key acquisition aligns with our vision for the continued growth of National HME, and further expands our ability to provide the most comprehensive DME solution to any hospice in the country,” said Geoffrey Raker, a partner at New York-based Tailwind Capital, in a statment. Tailwind is a middle-market private equity firm and the main investor in National HME.