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Trading Alert for Rotech Healthcare Inc.
0 Comments | M2 Presswire, March, 2007
M2 PRESSWIRE-28 March 2007-Biotech News: Trading Alert for Rotech Healthcare Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:28032007 So what if it's the 21st century? Rotech Healthcare still makes house calls. The company leases and sells respiratory-assistance equipment and durable medical equipment to home-bound patients with breathing disorders and other infirmities.
The company operates through about 490 locations in 48 states. Respiratory equipment, which provides most of the company's sales, includes nebulizers, sleep disorder breathing therapy systems, and oxygen systems. Rotech also offers other medical equipment, including hospital beds, walkers, and wheelchairs. Shares were down 4 after securing a $160 million credit facility....
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