Quipt Home Medical

What Quipt Home Medical does

Quipt Home Medical is a U.S. provider of clinical respiratory care and home medical equipment serving patients with chronic pulmonary, cardiac, sleep, and mobility conditions. Founded in 2018 and headquartered in Fort Thomas, Kentucky, the company operated 115 locations across 26 states as of its most recent disclosure, caring for an active patient base of more than 270,000 and maintaining a referral network exceeding 32,500 unique sources including physicians, hospitals, and integrated delivery networks such as Ballad Health (20-hospital referral network).

The company's service portfolio spans sleep apnea and PAP treatment (including an at-home sleep testing system with board-certified physician review), home ventilation (invasive and non-invasive), oxygen therapy, complex power mobility with ATP evaluation, and a broad range of home medical equipment (mobility aids, bathroom solutions, daily living aids). Technology components include the "Patient Centric Ecosystem," which provides remote patient monitoring of treatment effectiveness to drive early intervention and reduce hospitalizations, alongside digital ordering integrations with DME Scripts, Parachute Health, and Go Scripts, and a Snapworx-powered patient re-ordering portal. Quipt consolidated its footprint through a multi-brand strategy, retaining 17+ acquired regional brands (e.g., Access Respiratory, NorCal Respiratory, Hometown Medical, Care Medical, SleepWell) as wholly-owned subsidiaries, plus a 60% majority stake in Hart Medical Equipment acquired in September 2025.

Revenue is generated primarily through insurance-reimbursed services (Medicare and national payers including UHC and Aetna), equipment rentals on daily or recurring terms, recurring consumables resupply, and one-time equipment sales. Go-to-market combines a direct field/service model across 115 locations, a B2B2C referral channel anchored by 32,500+ healthcare-provider sources, and digital ordering partnerships. Quipt was previously listed on Nasdaq and TSX under QIPT before being taken private in March 2026 by affiliates of Kingswood Capital Management and Forager Capital Management at $3.65 per share in an all-cash transaction valued at approximately $260 million including debt.

Name

Quipt Home Medical

Legal name

Quipt Home Medical, Corp.

Website

https://quipthomemedical.com

Company type

Private

Founded year

1993

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Quipt Home Medical is a U.S. provider of clinical respiratory care and home medical equipment serving patients with chronic pulmonary, sleep, and mobility conditions across 26 states, operating 115 locations and 270,000+ active patients via a payer-reimbursed, referral-driven model.

Ownership category

akta.pro rank

Product category

Home Medical Equipment & Respiratory Care

NAICS

Home Health Care Services (621610), Home Health Care Services (62161)

SIC

Services-Home Health Care Services (8082)

akta.pro primary industry

Home Respiratory & Ventilator Care (Skilled) (HLADAFAI)

akta.pro secondary industry

Respiratory & Sleep Therapy Equipment (Oxygen, CPAP/BiPAP, Nebulizers) (HSABAKAD)

Keywords

• Home medical equipment
• Respiratory care services
• Durable medical equipment
• Home oxygen therapy
• Clinical respiratory care

Headquarters

HQ city

Fort Thomas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Equipment Rental: Rental of respiratory equipment including BiPAP and CPAP machines, ventilators, and oxygen therapy equipment. Flexible rental options accommodate various facility sizes and can be rented on a daily basis without long-term contracts.
2. Respiratory Care Services: Clinical respiratory care delivering comprehensive in-home equipment and disease management solutions for patients with cardio and pulmonary diseases, sleep disorders, and chronic conditions.
3. Home Medical Equipment Sales: Sales of home medical equipment including mobility aids (wheelchairs, walkers, seat lift chairs), bathroom solutions, and daily living aids.
4. Resupply Services: Ongoing resupply of consumables and accessories for respiratory equipment including masks, tubing, and filters.
5. Professional Services: Services of Respiratory Therapists available with equipment rental, patient education, and ongoing support. Equipment maintenance included with rentals.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Quipt Home Medical provides clinical respiratory care and durable home medical equipment to patients with chronic respiratory, cardiopulmonary, sleep, and mobility conditions. Its core offerings include Sleep Apnea and PAP treatment, home ventilation, oxygen therapy, power and custom mobility solutions, and complementary daily/ambulatory aids, delivered through in-home service across 115 locations in 26 U.S. states with respiratory therapist support and remote patient monitoring.

Product overview

Quipt Home Medical is a premier provider of clinical respiratory care offering a comprehensive in-home equipment and disease management ecosystem. The company's core offering consists of technology-enabled respiratory care equipment and services, including Sleep Apnea and PAP Treatment, Home Ventilation, Home Medical Equipment, and Custom Mobility Solutions. Quipt operates through a multi-brand portfolio strategy, having acquired and integrated multiple regional providers (Access Respiratory, AHHE, Care Medical, Focus Respiratory, Hometown Medical, Legacy Oxygen, Mayhugh's Medical, Medical West, Med Supply Plus, NorCal Respiratory, Northwest Medical Respiratory, Patient Aids, Resource Medical Group, SleepWell, Valley Respiratory Services, Valley Seating and Mobility). Additional services include Equipment Solutions, Daily and Ambulatory Aids, Power Mobility, Respiratory Equipment Rental, and Oxygen Therapy. The Patient Centric Ecosystem utilizes remote monitoring to assess treatment effectiveness, enabling early intervention and reduced hospitalizations.

Differentiator

Problem solved

Functional benefit

Brands

• Access: Respiratory care equipment provider
• AHHE
• Care Medical
• Focus Respiratory
• Health Technology Resources
• Hometown Medical
• Legacy Oxygen
• Mayhugh's Medical
• Medical West
• Med Supply Plus
• NorCal Respiratory
• Northwest Medical Respiratory
• Patient Aids
• Resource Medical Group
• SleepWell
• Valley Respiratory Services
• Valley Seating and Mobility

Products and services

• Sleep Apnea and PAP Treatment At-home sleep testing system with results reviewed by board-certified sleep doctors, plus Positive Airway Pressure (PAP) device support and patient-centric respiratory care for patients with sleep apnea.
• Home Medical Equipment Comprehensive range of home medical equipment including mobility aids, wheelchairs, walkers, and home aids for daily living assistance.
• Home Ventilation Home ventilation solutions including both invasive and non-invasive ventilator treatments, enabling patients to manage respiratory care in their homes.
• Custom Mobility Solutions Complex power mobility options and custom wheelchair solutions with ATP (Assistive Technology Professional) evaluation to match equipment to patient needs.
• Equipment Solutions Access to a range of medical equipment from mobility assistance to airway management, with tailored solutions for individuals with comorbidities.
• Daily and Ambulatory Aids Walking aids, sleeping solutions, home aids for daily activities like cooking and eating, bathroom solutions, and mobility equipment including manual wheelchairs, walkers, and seat lift chairs.
• Power Mobility Complex power mobility options for individuals living in wheelchairs, with ATP evaluation, funding approval assistance, and follow-up support.
• Respiratory Equipment Rental Rental options for BiPAP and CPAP machines with no upfront costs, flexible daily rental without long-term contracts, available for facilities ranging from 25-bed ventilator wings to single standby ventilators.
• Oxygen Therapy Personalized oxygen therapy solutions customized to individual needs including flow rate adjustments, delivery system selection, and lifestyle considerations, with respiratory therapist support to mitigate readmissions.

Quantifiable outcome

• 270,000+ patients served
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability1 record

Feature3 records

Partnerships

One partnership is on record.

• Ballad HealthcoreStrategic or Co-development Partner · 1 July 2025Ballad Health partnered with Quipt through the acquisition of a DME provider for $1.6 million, aiming to deepen integration within post-acute care pathways through Ballad Health's referral network of 20 hospitals.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• AdaptHealth: Largest U.S. home medical equipment provider, including CPAP, oxygen, ventilators, and mobility devices. Competes head-to-head with Quipt across the same payer and referral channels and is the closest scale comparable.
• Lincare Holdings: National respiratory and home medical equipment provider (oxygen therapy, CPAP, nebulizers, ventilators). Operates the same core clinical respiratory model as Quipt and serves a comparable chronic-disease patient base.
• Rotech Healthcare: U.S. provider of home respiratory and medical equipment, focused on sleep apnea, oxygen therapy, and home ventilation. Directly overlaps Quipt's respiratory therapy and equipment rental product lines.
• American HomePatient: National home respiratory and medical equipment provider offering oxygen, CPAP, ventilators, and chronic disease management services. Closely mirrors Quipt's clinical respiratory care positioning.
• National Seating & Mobility: U.S. provider of complex rehab technology, custom wheelchairs, and home accessibility solutions. Directly comparable to Quipt's Valley Seating and Mobility / Power Mobility service line.
• Apria Healthcare (pre-Owens & Minor): Pre-acquisition Apria was one of the largest U.S. HME providers with deep sleep, oxygen, and ventilation offerings. Now part of Owens & Minor, but legacy Apria footprint and contracts directly compete with Quipt.

Broad incumbents

• Owens & Minor (Apria Healthcare): Owens & Minor owns Apria Healthcare, a major home medical equipment and respiratory therapy provider. Larger, diversified medical products company with HME as one segment, competing with Quipt in respiratory DME.
• Modivcare: Diversified healthcare services company with a home medical equipment segment (formerly Medical Modalities) serving chronic respiratory and mobility patients. Broad incumbent with overlapping respiratory DME exposure.

Others

• Option Care Health: Largest U.S. independent provider of home and alternate-site infusion services. Adjacent in the broader home-based care ecosystem and serves a similar chronic/complex patient population, though its core service line differs.
• ResMed: Global leader in sleep apnea and respiratory care devices (CPAP, BiPAP, masks). Functions as a major equipment supplier/upstream partner to Quipt's resupply and equipment rental revenue streams rather than a direct HME services competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/myquipt
• LinkedInlinkedin.com/company/protechhomemedical

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries18 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quipt Home Medical