Viemed Healthcare, Inc. announced the completion of its previously disclosed acquisition of Illinois-based Lehan's Medical Equipment. The transaction closed on July 2, 2025, for a base purchase price of $26 million, subject to customary adjustments. The agreement also included estimated contingent payments of $2.2 million.
Lehan's Medical Equipment specializes in home medical equipment, including respiratory care, sleep devices, and women's health products like breast pumps. This acquisition is expected to expand Viemed's presence in the Chicago market and diversify its product offerings. CEO Casey Hoyt expressed pleasure in welcoming the Lehan's team into the Viemed family.
Viemed anticipates updating its full-year 2025 outlook to include the anticipated results from the Lehan's acquisition. This update is expected to be provided with the company's second-quarter 2025 financial results. The integration of Lehan's is a key step in Viemed's strategic growth and diversification efforts.
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