A Medical Device Daily

Southern Home Medical Equipment (Spartanburg, South Carolina) reported completing its acquisition of Adaptive Medical Upstate (Lyman, South Carolina), a durable medical equipment producer.

Greg Tucker, president of Southern Home, said, "We're very pleased to conclude this deal. With the addition of Adaptive Medical, Southern Home is currently billing out approximately $103,000 each month among the three companies; Adaptive Medical, Apnea RX, and Ladies Health & Fitness. This is a tremendous and exciting time for our company as we look forward to five additional deals in the works which could add another $3.65 million in annual revenue."

Adaptive generated more than $800,000 in revenue in 2006.

In addition to the medical equipment businesses, Southern Home said it has moved aggressively into the nurse staffing business with the launch of Encore Medical Staffing, saying it is "positioned to gain market share in the nurse staffing industry on a national level."

Southern Home, focused on medical equipment operations in the Southeastern U.S., provides in-home and nursing home patients with medical equipment that includes: oxygen concentrators, semi-electric beds, wheelchairs, CPAPs, BiPAPs, and enteral tube feeding.