OT...A new owner for Lincare

[LSAT]

**QUOTE**German industrial gas producer Linde said on Sunday it has agreed to pay $4.6 billion for Lincare Holdings, a Florida-based provider of oxygen and respiratory therapy services to patients in the home.

The deal is the latest sign of inroads that industrial gas suppliers are making in the homecare market, which is growing 6 to 9 percent annually, driven mainly by cost-cuts at hospital operators and an aging population.

In its 2011 annual report, Lincare, which serves more than 800,000 customers in the United States and Canada, estimated that the total U.S. home respiratory market represented about $6 billion in annual sales.

[chunkyfrog]

Monopoly:
Go directly to jail; do not pass Go, do not collect $200.

[dragonflybeach]

So what does this mean for clients/patients of Lincare/Optigen/Militarycpap?

[Goofproof]

It means CORPS keep getting bigger and more money for them. The new world order. Jim

[dragonflybeach]

Got it. The rich get richer and the poor get poorer.

[archangle]

I picture John Cleese in a Nazi uniform telling someone, "You vill take this PRS1 Plus machine and you vill LIKE it!"

[chunkyfrog]

Are they still allowed to use the word "care" in their name?

[BlackSpinner]

Hey! I guess that is why we had a flood of German spam this week?

[dragonflybeach]

Are they still allowed to use the word "care" in their name?

I did get a call from them yesterday afternoon asking how my cpap was going. I consider that very good follow-up.