Quarterly report pursuant to Section 13 or 15(d)

Note 16 - Subsequent Events

v3.21.1
Note 16 - Subsequent Events
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Subsequent Events [Text Block]

16.

Subsequent Events

 

On April 18, 2021, the Company acquired OB Healthcare Corporation (OB Healthcare), a privately held biomedical services company, for an approximate purchase price of $6.3 million. The initial accounting for the business combination, including the estimated fair value of the assets and liabilities acquired, is incomplete as a result of the timing of the acquisition. OB Healthcare specializes in on-site repair, preventative maintenance, and device physical inventory management to hospitals and healthcare systems nationwide. The acquisition further develops and expands InfuSystems DME segment and complements the Companys purchase of FilAMed.