Quipt Home Medical Partners with Three Major Health Systems to Form Joint Venture

Quipt Home Medical has partnered with three major health systems to form a joint venture, acquiring a 60% ownership interest in Hart Medical Equipment. The transaction enhances Quipt's presence in the Midwest, adds deep healthcare system partnerships, and provides entry into Michigan and Ohio. Quipt expects to consolidate Hart's financial results, increasing its annualized run-rate revenue to approximately $300 million. The joint venture strengthens Quipt's strategy of expanding relationships with healthcare systems and building scalable integration models.