AdaptHealth

AdaptHealth

Home medical equipment provider with rentals

Overview

AdaptHealth provides home medical equipment and related services to support patients living outside of hospitals. It sells and rents devices such as wheelchairs, ventilators, CPAP machines, thermometers, pulse oximeters, and sanitizing equipment, and also offers resupply and ongoing support; equipment is delivered, installed, maintained, and restocked as needed. The company serves patients, healthcare professionals, and insurance companies by coordinating direct sales, rentals, and insurance partnerships to ensure continuous home-based care. Its goal is to empower patients to live life at home with accessible, coordinated equipment and care.

About AdaptHealth

Simplify's Rating
Why AdaptHealth is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Phoenixville, Pennsylvania

Founded

2012

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Simplify's Take

What believers are saying

  • On August 4, 2026, organic continuing-operations revenue rose 15.9% year over year.
  • AdaptHealth signed Humana OneHome in May, transitioning 478,000 members without disruption.
  • The July 20, 2026 Diabetes Health sale lifts focus and redeploys cash to debt reduction.

What critics are saying

  • The West Coast capitated contract cut 2026 EBITDA guidance by $190 million-$210 million.
  • A July 2, 2026 contractor breach exposed PHI, insurance billing passwords, and EHR portals.
  • Persistent West Coast losses and cyber fallout can destroy cash flow and force covenant pressure.

What makes AdaptHealth unique

  • AdaptHealth spans 670 locations across 48 states, serving 4.5 million patients annually.
  • Its 2026 focus centers on Sleep Health, Respiratory Health, and Wellness at Home.
  • Capitated contracts with Humana and a West Coast network create payer integration depth.

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Funding

Total Funding

$2.8B

Above

Industry Average

Funded Over

8 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Aug 11th, 2026
AdaptHealth sells $600M diabetes unit to Cardinal Health, focuses on sleep and respiratory care

AdaptHealth is selling its approximately $600 million diabetes business to Cardinal Health and exiting certain e-commerce and drop-ship operations to focus on sleep, respiratory and home medical equipment. CEO Suzanne Foster said the diabetes segment lacked expected cross-selling opportunities and would have required significant investment in pharmacy capabilities. The company reported 16% second-quarter revenue growth, though its new West Coast capitated contract faces higher-than-expected costs due to utilisation and hospital-ordering issues. AdaptHealth built 40 new locations to support the contract covering 13 million members. Management highlighted strong growth potential in sleep care, driven by increased referrals and digital tools including home testing and AI-based mask fitting. Capital priorities include organic growth, reducing leverage to 2.5 times and pursuing targeted sleep and respiratory acquisitions.

Market Chameleon
Aug 11th, 2026
AdaptHealth faces securities investigation after sharp loss and guidance cut: what AHCO investors need to know.

AdaptHealth faces securities investigation after sharp loss and guidance cut: what AHCO investors need to know. 11 August 2026, 7:36 AM Major securities investigation initiated following Q2 loss and guidance reset. Shareholders of AdaptHealth Corp. (NASDAQ: AHCO) are facing more uncertainty as prominent securities law firm Levi & Korsinsky begins an official investigation into possible securities violations. The inquiry comes on the heels of AdaptHealth's Q2 2026 results, where the company posted a GAAP loss of $0.99 per share - falling far below analyst expectations of roughly $0.15 profit. This surprising gap triggered a sharp drop in AHCO's share price, with losses reaching as much as 26% for investors. Key issue: GAAP loss and reduced guidance raise red flags. AdaptHealth's latest results revealed not only a sizeable quarterly GAAP loss, but also a $144.2 million goodwill impairment charge - a significant hit for any company. Even as adjusted EBITDA landed at $132 million for the quarter, the company simultaneously lowered its full-year 2026 revenue guidance, resetting expectations to $2.85-$2.89 billion and indicating weaker future performance. For investors, the combination of negative earnings, large impairment, and reduced outlook has intensified concerns over management's prior forecasts. | Q2 2026 Metric | Reported Value | | GAAP Earnings Per Share | -$0.99 | | Adjusted EBITDA | $132 million | | Goodwill Impairment Charge | $144.2 million | | Updated 2026 Revenue Guidance | $2.85B-$2.89B | Investigation focus: were revenue and profit targets misleading? The Levi & Korsinsky probe hinges on whether AdaptHealth made materially false or misleading forecasts. Only months after previously issuing its guidance, AHCO revised its 2026 numbers downward - prompting the legal review. If proven, this could potentially open the door for investors who purchased shares before the guidance cut to seek financial recovery, even if those shares have already been sold at a loss. What should AHCO investors do now? * Gather brokerage records, including purchase dates and prices. * Review your AHCO investment history (date, quantity, price paid, and sale, if relevant). * Contact Levi & Korsinsky for a free eligibility evaluation at [email protected] or (212) 363-7500. Participation does not require going to court or paying upfront legal fees; securities claims are typically handled on a contingency basis. Investors should move promptly to ensure their eligibility and potential for recovery. Key takeaway: legal process is underway, and action may preserve recovery options. For AdaptHealth shareholders, the official investigation by a top-50 securities litigation law firm brings a measure of recourse in a turbulent period. If you took losses on AHCO stock, now is the time to act. Gather your records, determine eligibility, and stay tuned - resolution may take time, but early action helps preserve your rights as details emerge. Contact Information: If you have feedback or concerns about the content, please feel free to reach out to Market Chameleon via email at [email protected]. About the Publisher - Marketchameleon.com: Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. Market Chameleon leverage extensive data, models, and analytics to provide valuable insights into these markets. Its primary goal is to assist traders in identifying potential market developments and assessing potential risks and rewards. NOTE: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about option risks and characteristics at theocc.com. The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information. Disclosure: This article was generated with the assistance of AI

Associated Press
Aug 7th, 2026
AdaptHealth shares plunge 26% after Q2 revenue misses by $107M, prompting investor probe

AdaptHealth Corp. shares plunged as much as 26% after the company reported second-quarter revenue of $740.3 million, significantly below the expected $847 million. The home healthcare provider also posted a GAAP loss partly driven by a $144.2 million goodwill impairment charge. Adjusted EBITDA came in at $132 million for the quarter, against roughly $160 million expected. AdaptHealth slashed its 2026 full-year guidance to approximately $2.85 billion to $2.89 billion in revenue and $490 million to $520 million in adjusted EBITDA. Management attributed the reduced outlook to the Diabetes Health divestiture, a capitated contract, manufacturer pricing, and other portfolio actions. The revised revenue guidance represents a decline of roughly 16% to 19% from figures the company had maintained weeks earlier. Law firm Levi & Korsinsky has launched an investigation into potentially misleading statements.

WPGX Fox 28
Aug 5th, 2026
Securities fraud investigation into AdaptHealth Corp. (AHCO) announced - shareholders who lost money urged to contact The Law Offices of Frank R. Cruz.

Securities fraud investigation into AdaptHealth Corp. (AHCO) announced - shareholders who lost money urged to contact The Law Offices of Frank R. Cruz. * 2 hrs ago The Law Offices of Frank R. Cruz announces an investigation of AdaptHealth Corp. ("AdaptHealth" or the "Company") (NASDAQ: AHCO) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ADAPTHEALTH CORP (AHCO), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. Jenny Gilruth describes Farage's decision to trigger a by-election as 'a lot of nonsense' What Is the Investigation About? On August 4, 2026, the Company reported second quarter results, including earnings per share of -$1.07, missing consensus estimates by $1.22. Further, the Company announced a significant cut to full year 2026 adjusted EBITDA guidance by $190-210M (27.9-28.8%) at the midpoint. The Company disclosed that financial results were driven in part by issues with the Company's West Coast Capitated Contract, including that "the complexity of that transition has impacted our margins. Together with an unexpected price increase from one of our manufacturers, this has led us to lower our full-year outlook." The Company further disclosed "there are inefficiencies in the inherited workflows, including the nonstandard use of urgent orders" and "the combination of these items represents $40 million of expected impact on profitability relative to our prior projections for the second half of this year." On this news, AdaptHealth shares fell $4.13 or 38.09% per share, to close at $6.71 on August 4, 2026, thereby injuring investors. If you purchased AdaptHealth Corp. securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact WPGXFox28: The Law Offices of Frank R. Cruz 2121 Avenue of the Stars, Suite 800 Century City, California 90067 Call WPGXFox28 at: 310-914-5007

Yahoo Finance
Aug 4th, 2026
AdaptHealth reports Q2 revenue miss, stock plunges 25.7% as guidance slashed

AdaptHealth, a healthcare services provider operating 680 locations across the US, reported Q2 2026 results that significantly missed analyst expectations. Revenue fell 7.5% year-on-year to $740.3 million, 12.6% below forecasts of $847.2 million. The company posted a GAAP loss of $0.99 per share, compared to analyst estimates of $0.15 profit. Operating margin declined to -18.6% from 9.9% in the prior year period. AdaptHealth slashed its full-year revenue guidance to $2.87 billion from $3.49 billion, representing a 17.6% reduction. The revised forecast sits 17.7% below analyst estimates. EBITDA guidance of $505 million also fell short of the $697.2 million expected. Following the announcement, shares dropped 25.7%. Despite recent challenges, analysts project 12.1% revenue growth over the next 12 months.

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