Hart Medical Equipment

Hart Medical Equipment

Post-discharge home medical equipment provider

Overview

Hart Medical Equipment provides durable medical equipment and related support services through a joint venture with major health systems in Michigan and Ohio. It offers items such as CPAP/BiPAP machines, oxygen, mobility aids, bathroom safety products, and diabetes, ostomy, and wound care supplies, which can be bought or leased from 29 locations or via an online platform and billed to Medicare and most insurers with a physician’s order. Its TeleHart telehealth platform delivers remote education and training to help patients use equipment safely after discharge. The company is embedded in discharge processes across more than 19 hospitals and affiliated facilities, helping clinicians coordinate referrals and ensure continuity of care.

About Hart Medical Equipment

Simplify's Rating
Why Hart Medical Equipment is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Grand Blanc, Michigan

Founded

N/A

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Simplify's Take

What believers are saying

  • Quipt closed Hart on September 3, 2025, adding roughly $60 million revenue.
  • Hart's career page listed openings on September 4, 2026, signaling active hiring.
  • The 2026 CMS moratorium protects incumbents like Hart from new DMEPOS entrants.

What critics are saying

  • Quipt went private on March 16, 2026, reducing Hart's disclosure and accountability.
  • CMS moratorium from February 27, 2026 blocks new Medicare DMEPOS enrollments and locations.
  • Hart's hospital referral concentration makes Henry Ford or McLaren contract loss existential.

What makes Hart Medical Equipment unique

  • Henry Ford and McLaren embed Hart in 19-plus hospital discharge workflows.
  • TeleHart trains CPAP, oxygen, and nebulizer patients remotely at home.
  • Hart serves 67,000 monthly patients across 24 locations in Michigan and Ohio.

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Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Quipt Home Medical
Aug 13th, 2025
Quipt Home Medical Partners With Three Major Health Systems to Form Strategic Joint Venture

CINCINNATI, Aug. 12, 2025 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company“) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, today announced it has signed a definitive agreement with three major health systems and hospitals to form a joint venture. Pursuant to the definitive agreement, Quipt will acquire a 60% ownership interest in Hart Medical Equipment (“Hart“), with the remaining 40% interest collectively held by major health systems, Henry Ford Health, McLaren Health Care, Blanchard Valley Health System, Wood County Hospital and The Bellevue Hospital. This strategic transaction is expected to enhance Quipt’s presence in the Midwest, add deep healthcare system partnerships, and provide the Company with immediate entry into Michigan, a large and strategically important market, and new territories in Ohio.

Finimize
Aug 12th, 2025
Quipt Home Medical Moves Into Michigan With Major Acquisition

Buying a 60% stake in Hart Medical Equipment opens new markets for Quipt and expands its hospital partnerships.

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