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Quipt Home Medical acquires Ballad Health DME provider

RECENTLY ACQUIREDJul 07, 2025

Acquiring Company

Quipt Home Medical

Acquired Company

Ballad Health

WilderJohnson CityBiotechnologyHealth CareMedicalHealth CareMedicalHospitals and Health Care

Description

Quipt Home Medical Corp. has acquired a durable medical equipment provider owned by Ballad Health for $1.6 million plus the value of accounts receivable and inventory. This acquisition is part of Quipt's strategy to deepen partnerships with healthcare systems, enhance post-acute care coordination, and drive organic growth. The Acquiree reported $6.6 million in revenue, serving over 12,500 patients annually.

Quick answer

Quipt Home Medical is acquiring Ballad Health, announced July 7, 2025. Quipt Home Medical is based in Wilder, Kentucky, United States.

How much did Quipt Home Medical pay for Ballad Health?
The deal value was not disclosed.
What does Quipt Home Medical do?
Quipt Home Medical Corp. is a provider of home medical equipment and services in North America.
Where are Quipt Home Medical and Ballad Health based?
Quipt Home Medical is based in Wilder, Kentucky, United States. Ballad Health is based in Johnson City, Tennessee, United States.
Who are the decision-makers at Quipt Home Medical?
Fundz holds 2 contacts at Quipt Home Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Quipt Home Medical

Location

Wilder, Kentucky, United States

About

Quipt Home Medical Corp. is a provider of home medical equipment and services in North America. The company specializes in offering a comprehensive range of home healthcare products. It focuses on improving patient outcomes through enhanced home care services. Quipt is traded on the Nasdaq Capital Market and the Toronto Stock Exchange.

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Frequently asked

Who acquired Ballad Health?

Ballad Health was acquired by Quipt Home Medical, based in Wilder. The deal was reported on July 7, 2025. Quipt Home Medical Corp. is a provider of home medical equipment and services in North America. The company specializes in offering a comprehensive range of home healthcare products. Quipt Home Medical is privately held and operates in Biotechnology.

When did Quipt Home Medical acquire Ballad Health?

Quipt Home Medical's acquisition of Ballad Health was reported on July 7, 2025. Quipt Home Medical Corp. has acquired a durable medical equipment provider owned by Ballad Health for $1.6 million plus the value of accounts receivable and inventory. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ballad Health do?

Ballad Health is a healthcare system dedicated to providing high-quality healthcare services to the Appalachian Highlands. It is privately held, operating in Health Care, and is based in Johnson City.

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