Aerocare Holdings

What Aerocare Holdings does

Aerocare Holdings is a US-based for-profit provider of home medical equipment (HME) products and services, founded in 2000 and headquartered in Orlando, Florida. The company operates at mid-market scale with 251-500 employees, serving patients who require durable medical equipment delivered to the home setting for chronic and complex care conditions. Its website is aerocareusa.com, and the company is classified as a private for-profit entity.

Aerocare Holdings operates within the US HME industry, where revenue is generated through insurance-billed equipment sales and recurring supply contracts covered by Medicare, Medicaid, and commercial payors. The company has been private equity-sponsored since at least 2016, with SV Health Investors providing initial institutional capital and a 2019 Series 4 recapitalization led by SkyKnight Capital with participation from AIP Private Markets, Bienville Capital, Peloton Equity, and SV Health Investors. Leadership comprises Steve Griggs as President & CEO and Matthew Ebbel as Director, consistent with a PE-backed operating company structure where board representation includes sponsor-affiliated directors.

The company's strategic positioning sits within a consolidating HME sector dominated by large national platforms. Aerocare Holdings' apparent integration with AdaptHealth's national HME network, evidenced by the adapthealth.com/?partner=AeroCare referral URL pattern, suggests the company functions either as a regional affiliate or acquired regional brand within a larger consolidator's footprint. As a mid-sized regional operator, Aerocare Holdings' strategic options have historically included independent expansion via further PE capital deployment, add-on acquisitions in adjacent geographies, or integration into a national HME platform; the input data does not definitively confirm which path Aerocare Holdings pursued beyond the 2019 recapitalization.

Name

Aerocare Holdings

Website

https://aerocareusa.com

Company type

Private

Founded year

2000

Headcount range

251–500 employees

Short description

Aerocare Holdings is a US-based for-profit provider of home medical equipment products and services, founded in 2000 and headquartered in Orlando, Florida, employing 251-500 people to serve chronic and complex care patients requiring durable medical equipment in the home setting.

Ownership category

akta.pro rank

Product category

Home Medical Equipment

NAICS

Home Health Equipment Rental (532283), Ambulatory Health Care Services (621)

SIC

Services-Home Health Care Services (8082), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

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

akta.pro secondary industries

Ventilators & Mechanical Ventilation Systems (ICU/Transport/Home) (HLAHAGAC), Inhalation & Nebulization Devices (Nebulizers, Spacers, Inhaler Accessories) (HLAHAGAE)

Keywords

• Home medical equipment
• Durable medical equipment
• Respiratory therapy
• Sleep therapy
• Diabetes supplies

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Home Medical Equipment Sales: Sales of durable medical equipment including respiratory therapy devices, CPAP/BiPAP machines, wheelchairs, hospital beds, and related accessories to patients with chronic and complex conditions
2. Diabetes Supplies and Devices: Recurring supply of continuous glucose monitors (CGMs), insulin pumps, infusion sets, test strips, and related diabetes management products with insurance billing handled on behalf of patients
3. Respiratory and Sleep Therapy Services: Ongoing supply of respiratory medications, oxygen therapy, sleep apnea therapy (CPAP/BiPAP devices and masks), and related pharmacy services
4. Specialty Medical Supplies: Sales of urology supplies, ostomy supplies, wound care products, orthotics, and enteral nutrition products

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Aerocare Holdings is a provider of home medical equipment products and services offering respiratory therapy devices, sleep therapy equipment, diabetes management supplies, mobility aids, and related durable medical equipment to patients with chronic and complex conditions. The company operates within the AdaptHealth HME partner network, providing patients with home delivery of equipment and integrated insurance billing across the United States. Services also include clinical support, equipment fitting, refill reminders, and care coordination with healthcare providers.

Product overview

AdaptHealth operates a multi-category home healthcare platform structured as a network of full-service medical equipment companies offering tailored products and services to empower patients to live at home. The core AdaptHealth platform spans Respiratory Care (oxygen therapy, ventilatory support, nebulizers, portable oxygen concentrators, airway clearance), Sleep Therapy (CPAP/BiPAP devices, masks, sleep coaching), Mobility & Home Equipment (wheelchairs, walkers, hospital beds), Wound Care, Orthotics & Bracing, Hospice Care, Urology & Ostomy, and Mom & Baby (breast pumps via StorkPump.com). A key sub-brand is AdaptHealth Diabetes (diabetes.adapthealth.com), a dedicated e-commerce and supply-delivery platform for diabetes devices including continuous glucose monitors (Dexcom G7, FreeStyle Libre family), insulin pumps (Medtronic MiniMed 780G, Tandem t:slim X2, Tandem Mobi, Beta Bionics iLet), insulin pods (Omnipod 5 family), and the associated infusion sets, reservoirs, and transmitters. The patient-facing myAPP mobile app enables reordering, bill payment, and tracking across the product portfolio. The company also operates the AdaptHealth Marketplace as a direct-to-consumer online storefront. All diabetes devices are sourced from third-party manufacturers (Abbott, Dexcom, Medtronic, Tandem, Beta Bionics, Insulet); AdaptHealth acts as a distributor/retailer rather than a developer of these devices.

Differentiator

Problem solved

Functional benefit

Products and services

• Respiratory Care Services Provision of oxygen therapy, ventilation support, nebulizers and inhalation devices, portable oxygen concentrators, and airway clearance devices to patients with chronic respiratory conditions, including home delivery and clinical support.
• Sleep Therapy Services CPAP and BiPAP devices, masks and accessories, sleep apnea therapy, and sleep coaching and success programs for patients with sleep-disordered breathing.
• Diabetes Care Services Provision of continuous glucose monitors, insulin pumps, infusion sets, and related diabetes management supplies from manufacturers including Abbott, Dexcom, Medtronic MiniMed, Tandem Diabetes, Beta Bionics, and Insulet, with insurance billing handled on behalf of patients.
• Mobility and Home Equipment Services Wheelchairs, walkers, hospital beds, commodes, and other durable medical equipment enabling safer movement and independence at home.
• Wound Care Services Advanced wound dressings, gauze and basic dressings, compression products, and topicals, ointments, and creams for chronic and acute wound healing.
• Orthotics and Bracing Services CAM boots, wrist, ankle, and knee braces, shoulder slings, and neck and back braces for restoring mobility, function, and freedom of movement.
• Urology and Ostomy Services Catheters, collection and drainage bags, ostomy pouches and rings, and bladder and bowel supplies for managing daily routines with dignity and comfort.
• Mom and Baby Services Breast pumps, milk bags and accessories, maternity garments, and enteral nutrition supporting mothers from pregnancy through breastfeeding and beyond.
• ePrescribe Platform Electronic prescribing platform enabling healthcare providers to send prescriptions directly to the HME provider, with options to get started or schedule a demo.
• myAPP Mobile Application Patient-facing mobile application enabling reordering of supplies, bill payment, order tracking, and access to tutorials for diabetes and respiratory care supplies.

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered flagship, core and regional.

• OneHomeflagshipStrategic or Co-development Partner · 1 June 2026Partnership in shared mission of empowering patients to live their best lives. OneHome and AdaptHealth collaborate to provide comprehensive home healthcare solutions with unified patient care coordination.
• Premium PositioningcoreTechnology or Integration · 30 October 2025Strategic alliance to integrate high-precision GNSS correction services into ProStar's mapping platforms to enhance real-time location intelligence across multiple regions. The partnership expands global reach and aims to improve infrastructure mapping and management.
• Kaiser PermanentecoreChannel Partner/ Reseller/ DistributorPartnered healthcare provider for patient referrals and coordinated home medical equipment care. AdaptHealth provides durable medical equipment and diabetes supplies as part of Kaiser Permanente's care continuum.
• HumanacoreChannel Partner/ Reseller/ DistributorMajor insurance partner providing coverage for AdaptHealth's home medical equipment and diabetes supplies. Humana members have in-network access to AdaptHealth's product portfolio including respiratory, sleep therapy, and diabetes management products.
• Vidant HealthregionalStrategic or Co-development PartnerRegional health system partner in eastern North Carolina for patient care coordination. Partnership extends quality home healthcare directly into patients' homes through Vidant Health's provider network.
• Cardinal HealthflagshipStrategic or Co-development PartnerAdaptHealth Corp. entered into definitive agreement to divest Diabetes Health business to Cardinal Health, demonstrating ongoing portfolio optimization and strategic focus on core HME operations.
• Pinnacle Medical SolutionsflagshipStrategic or Co-development PartnerAcquisition expanding AdaptHealth Diabetes customer base. Pinnacle Medical Solutions' glucose monitoring and diabetes supply delivery operations integrated into AdaptHealth Diabetes network, providing broader catalog of CGM and pump supplies with nationwide shipping.

Scale indicators10 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Apria Healthcare: Large national HME provider (now part of Owens & Minor) focused on respiratory therapy, sleep apnea (CPAP/BiPAP), negative-pressure wound therapy, and home ventilation; nearly identical product mix and payor-reimbursement model to Aerocare.
• Lincare Holdings: Linde subsidiary and one of the largest U.S. respiratory HME providers offering oxygen, nebulizers, sleep therapy, and home ventilation across a multi-state branch network; directly comparable in core respiratory and home-based DME services.
• Rotech Healthcare: Publicly traded (ROCC) home medical equipment company focused on respiratory care (oxygen, ventilators, nebulizers), sleep therapy, and DME; closest pure-play mid-cap comparable to Aerocare's respiratory/sleep mix.
• Byram Healthcare: National distributor of urology, ostomy, wound care, and diabetes supplies direct to patients' homes with managed-care contracting; comparable DME-by-mail model and payor-driven reimbursement exposure.
• National Seating & Mobility: Specialty HME provider of complex rehab technology, wheelchairs, and home mobility/accessibility equipment; relevant adjacent peer given Aerocare's mobility and home-equipment category.
• American HomePatient: Multi-state HME provider offering respiratory therapy, home ventilation, and sleep-disordered breathing equipment to chronic disease patients; comparable regional branch-network model and Medicare-heavy reimbursement mix.
• Shield Healthcare: Regional HME and home-delivered medical supply provider with focus on ostomy, urology, wound care, and enteral nutrition; directly comparable to several of Aerocare's specialty supply categories.

Broad incumbents

• AdaptHealth: Publicly traded national HME platform (AHCO) with 600+ locations across 48 states, distributing respiratory, sleep, diabetes, mobility, and wound-care products; directly comparable product portfolio and a current distribution/partner counterparty to Aerocare.
• Owens & Minor (Patient Direct): Post-Apria healthcare logistics and home-medical-distribution segment serving chronic-care patients with respiratory, sleep, and wound-therapy products; comparable scale and product breadth to a roll-up of Aerocare's portfolio.

Emerging players

• Cardinal Health at-Home: Diversified medical distributor that recently agreed to acquire AdaptHealth's Diabetes Health business, expanding direct-to-patient HME and DME distribution; relevant comp given its growing role in diabetes supply distribution alongside Aerocare.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors5 records

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

M&A

Investments

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

Frequently asked questions about Aerocare Holdings