Trade AdaptHealth Corp. - AHCO CFD

AdaptHealth Corp. Company profile

About Adapthealth Corp

AdaptHealth Corp. is focused on providing patient-centered, healthcare-at-home solutions, including home medical equipment (HME), medical supplies and related services. The Company is focused on providing sleep therapy equipment, supplies and related services (including CPAP and bi PAP services) to individuals suffering from obstructive sleep apnea (OSA); medical devices and supplies to patients for the treatment of diabetes (including continuous glucose monitors and insulin pumps); home medical equipment to patients discharged from acute care and other facilities; oxygen and related chronic therapy services in the home, and other HME devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy and nutritional supply needs. The breadth of the Company’s product is particularly valuable to acute care hospitals, sleep laboratories and long-term care facilities that discharge patients with complex conditions and multiple product needs.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Adapthealth Corp revenues increased from $1.06B to $2.45B. Net income applicable to common stockholders totaled $141.8M vs. loss of $161.6M. Revenues reflect Insurance segment increase from $657M to $1.5B, Government segment increase from $295.7M to $685.5M. Net Income reflects FV Adjustments of Financial Investments increase from $135.4M (expense) to $53.2M (income).