Apria to sell Corum

Discussion in 'Pacific Pulmonary Services' started by Anonymous, Dec 4, 2013 at 11:28 AM.

Tags: Add Tags
  1. Anonymous

    Anonymous Guest

    Most of you at PPS probably aren't aware because management has no communication but this is industry news. Apria's Corum division was making money that is why it was purchased. Apria now doesn't have Corum to balance the financial disaster that Apria has become. Look for Apria to start the cuts right away. Here is a link to hmenews, you should check it everyday.

    http://www.hmenews.com/article/cvs-buys-coram
     

  2. Anonymous

    Anonymous Guest

    Yeah, but they are going to concentrate on their respiratory lines, including nebulizer meds. Just goes to show how terrible some management is in DME. Sell the profitable lines and use that money to prop up the unprofitable lines. Then once things start going downhill takes 6 months to show on balance sheet but company is already sold with artificially inflated financials