Wave Healthcare

What Wave Healthcare does

Wave Healthcare LLC is a privately held Texas-based pediatric Durable Medical Equipment (DME) provider that delivers home respiratory therapy and enteral nutrition services to medically complex children and their families. The company supplies and maintains ventilators (Vivo 45/65, Trilogy 100/200, LTV, EVO, Astral), CPAP/BiPAP machines, nebulizers, oxygen concentrators, suction machines, tracheostomy supplies, airway clearance devices, enteral feeding pumps (Kangaroo OMNI, Infinity), gastrostomy tubes, and enteral formulas, with hands-on in-home setup, family training, and ongoing clinical support delivered by licensed respiratory therapists and Registered Dietitians. Its core differentiator is clinical specialization in pediatrics, including disease-specific nutrition education for asthma, diabetes, cystic fibrosis, and spinal muscular atrophy, plus 24/7 care access.

The business operates on an insurance-reimbursement model, accepting Texas Medicaid programs (Star, Star Kids, CHIP, Traditional Medicaid) and commercial insurance, with revenue generated per service event and per equipment provision rather than via disclosed subscription pricing. Wave Healthcare reaches families primarily through physician and hospital referrals, insurance case managers, phone outreach (corporate and toll-free lines), and a content/website channel; equipment and clinical staff are deployed directly to patient homes across Texas. The company holds ACHC accreditation, participates in the Texas OIG Inspector General Integrity Initiative, and is led by a founder who is a Respiratory Therapist.

The company extends its pediatric service into adulthood via sister company Sail Healthcare (founded 2018), which absorbs patients transitioning out of pediatric care between ages 18-21, supporting lifetime customer retention in the respiratory DME category. Operations are anchored at the San Antonio headquarters with no disclosed funding rounds, institutional ownership, or expansion beyond Texas.

Name

Wave Healthcare

Legal name

Wave Healthcare LLC

Website

https://wavehealthcare.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Wave Healthcare is a Texas-based pediatric Durable Medical Equipment provider delivering home respiratory therapy and enteral nutrition services to medically complex children and their families, with in-home licensed respiratory therapist support and insurance-based reimbursement.

Ownership category

akta.pro rank

Product category

Pediatric Home Medical Equipment Services

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)

SIC

Services-Home Health Care Services (8082), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Home Respiratory & Sleep Therapy Providers (DME-Integrated) (HLAFAEAF)

akta.pro secondary industry

Home Ventilation, Oxygen Therapy & Respiratory DME Clinical Management (HLAKANAM)

Keywords

• Pediatric durable medical equipment
• Home respiratory therapy
• Enteral nutrition services
• Pediatric respiratory care
• Home medical equipment

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. DME Equipment and Supply Services: Wave Healthcare provides durable medical equipment (respiratory equipment, enteral supplies) and related services to pediatric patients. Revenue is generated through insurance reimbursement (Medicaid and commercial insurance) and direct patient billing for any uncovered services.
2. Insurance-Based Revenue: Services are primarily covered through accepted insurance plans including Medicaid (Star, Star Kids, CHIP), Traditional Medicaid, and various commercial insurance providers. Revenue is derived from insurance reimbursements for covered DME equipment and services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Wave Healthcare provides pediatric home respiratory therapy and enteral nutrition services combined with durable medical equipment (DME) for medically complex children in Texas. Services include in-home respiratory therapist visits, provision and maintenance of ventilators, CPAP/BiPAP machines, nebulizers, oxygen concentrators, suction machines, tracheostomy supplies, enteral feeding pumps, gastrostomy tubes, and nutritional formulas, along with Registered Dietitian consultations and 24/7 family support.

Product overview

Wave Healthcare is Texas's leading pediatric DME (Durable Medical Equipment) provider offering a comprehensive suite of home-based respiratory and nutritional care services for children. The company operates two integrated service lines: Children's Home Respiratory Therapy and Equipment (including ventilators, CPAP/BiPAP, nebulizers, oxygen equipment, and airway clearance devices) and Pediatric Enteral Services and Equipment (featuring feeding pumps, gastrostomy tubes, nutritional formulas, and Registered Dietitian consultations). The core offering includes hands-on support from licensed respiratory therapists, state-of-the-art medical equipment, 24/7 care access, equipment maintenance, and family caregiver training. For patients aging out of pediatric care (18-21), Wave Healthcare coordinates with sister company Sail Healthcare to ensure continuity of adult respiratory services. Additional support includes disease-specific education, transition planning, and the Wavey family resources program.

Differentiator

Problem solved

Functional benefit

Products and services

• Children's Home Respiratory Therapy and Equipment Specialized respiratory therapy and equipment services for children receiving home care. Includes in-home support from licensed respiratory therapists, equipment operation, maintenance, family caregiver training, and 24/7 access. Designed for medically complex pediatric patients with chronic respiratory conditions requiring ventilators, CPAP/BiPAP, nebulizers, oxygen therapy, airway clearance, and tracheostomy support.
• Pediatric Enteral Services and Equipment Nutritional care services and enteral feeding equipment for children, including support from a Registered Dietitian, oral and enteral supplements, and disease-specific nutrition education for conditions such as asthma, diabetes, cystic fibrosis, and spinal muscular atrophy.
• Pediatric Nutritional Consultation Registered Dietitian services providing nutritional assessments, formula/dietary intolerance guidance, failure to thrive support, and disease-specific nutrition education for conditions including asthma, diabetes, cystic fibrosis, and spinal muscular atrophy.
• Pediatric to Adulthood Transition Support Coordination services helping families navigate the transition from pediatric to adult home respiratory care between ages 18-21, including legal, insurance, and medical considerations, with handoff to sister company Sail Healthcare for adult patients.
• Wavey Family Support Resources Family support mascot and accompanying resources including educational content, encouragement, coloring pages, activities, and equipment guides for children and caregivers navigating pediatric home respiratory and enteral care.

Named customers6 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Sail HealthcarecoreStrategic or Co-development Partner · 1 January 2018Sail Healthcare is Wave Healthcare's sister company, founded in 2018 to provide the same specialized respiratory care for adult patients that Wave provides in the pediatric community. This partnership enables Wave to support families through the transition from pediatric to adult care as patients age into adulthood (typically ages 18-21).

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Lincare Holdings: Lincare is a large DME provider heavily focused on respiratory services (oxygen, ventilators, nebulizers, sleep therapy) serving the home market. Directly comparable to Wave Healthcare's respiratory equipment and home service model, but operates nationally and serves primarily adult patients.
• Apria Healthcare (Owens & Minor): Apria Healthcare, owned by Owens & Minor, is a major national DME provider with a strong respiratory/home ventilation business. Overlaps with Wave Healthcare in home ventilator, oxygen, and sleep therapy equipment, but serves all patient demographics and operates a much broader DME footprint.
• AdaptHealth: AdaptHealth is one of the largest national DME providers, offering respiratory equipment (CPAP/BiPAP, ventilators, oxygen), sleep therapy, and enteral supplies. Comparable to Wave Healthcare in the equipment and respiratory therapy categories, but competes at a national scale across all patient ages and a broader DME portfolio.
• Rotech Healthcare: Rotech Healthcare is a national DME provider with respiratory therapy, home ventilators, oxygen, and sleep apnea equipment as core offerings. Comparable equipment categories and home-care service model to Wave Healthcare, but serves a broader geographic and demographic footprint.
• Aveanna Healthcare: Aveanna is a large publicly traded home health provider with a significant pediatric private duty nursing and medical solutions (DME) segment. Comparable to Wave Healthcare in serving medically complex pediatric patients at home, but operates at national scale across a much broader portfolio of services.
• BAYADA Home Health Care: BAYADA is a large established home health provider with dedicated pediatric and adult nursing services and home care offerings. Comparable business model (licensed clinician-led in-home care for medically complex patients) and similar Medicaid/private insurance reimbursement dynamics, but operates across many states with a broader service portfolio.
• Maxim Healthcare Services: Maxim Healthcare Services is a national home health provider with a pediatric home care division serving medically complex children. Comparable to Wave Healthcare in pediatric home care delivery and private duty nursing overlap, though Maxim operates across many states and a broader adult/pediatric home health portfolio.
• Coram (CVS Health): Coram, part of CVS Health, is a national home infusion and enteral nutrition provider. Comparable to Wave Healthcare's enteral feeding and nutrition services offering, but operates at significantly larger scale and serves primarily adult patients as part of CVS's broader care delivery portfolio.

Direct peers

• Pediatric Home Service (PHS): Pediatric Home Service is a pediatric-focused DME and home respiratory provider serving medically complex children across multiple states. It is the closest direct comp to Wave Healthcare in terms of customer base (ventilator-dependent and medically complex children), service offering (respiratory, enteral, infusion), and clinical model (licensed respiratory therapists providing in-home care).
• Thrive Skilled Pediatric Care: Thrive Skilled Pediatric Care is a pediatric home health provider serving medically complex children with skilled nursing and family caregiver support. Comparable to Wave Healthcare's pediatric in-home clinical model and Medicaid-funded pediatric population, though more focused on nursing services than DME equipment provision.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/wavehealthcarellc
• LinkedInlinkedin.com/company/wave-healthcare
• Instagraminstagram.com/waveandsailhealthcare

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 Wave Healthcare