FSB’s Pinnacle Medical sells to AdaptHealth
CHICAGO – FSB Companies has sold its portfolio company Pinnacle Medical Solutions, a provider of diabetes management supplies, to AdaptHealth.
Pinnacle, which will continue to operate under its current name and location in Southaven, Miss., primarily serves patients in the Southeast, offering CGMs, insulin pumps and other diabetic supplies.
“It was an honor to be part of the Pinnacle team and build something special,” said Frank Brumfield, CEO and owner of FSB. “The Pinnacle-FSB teams were able to work together to create an exceptional company that provides outstanding quality service to patients, payers and manufacturers. We were able to leverage technology, perfect workflows and build an incredible culture that we are proud to transition to AdaptHealth.”
AdaptHealth announced earlier this week that is it acquiring AeroCare Holdings.
Allina Health sells to AdaptHealth
ST. PAUL, Minn. - Allina Health is selling its HME division to AdaptHealth, according to ABC Newspapers. The purchase includes Allina’s Home Oxygen & Medical Equipment Division, also known as HOME. “We are extremely proud of the work and commitment of our Home Oxygen & Medical Equipment staff,” said Lisa Shannon, president and COO of Allina Health. “We are excited about AdaptHealth’s deep industry expertise and resources to grow and invest in the division.” HOME has a showroom in St. Paul, Minn., and a presence in seven other cities in Minnesota.