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AdaptHealth Corp. Jason Clemens, CFA Chief Financial Officer IR@adapthealth.com AdaptHealth Corp. Announces New Chief Operating Officer

Key Takeaway: AdaptHealth Corp. has announced the appointment of Scott Barnhart as the new Chief Operating Officer, effective September 23, 2024. Mr. Barnhart has over 30 years of leadership experience across multiple sectors, including significant roles in global supply chain and operational improvements. The CEO emphasized that this leadership change aligns with their strategic goals of enhancing management effectiveness and improving patient care. AdaptHealth aims to leverage Mr. Barnhart's expertise to better address growth opportunities.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Scott Barnhart is expected to improve organizational structure.
  • Mr. Barnhart brings over 30 years of experience from various industries.
  • The leadership change is aimed at fostering organic growth and operational excellence.

Full Press Release Details

Corp. Announces New Chief
August 26, 2024 7:30
AM Eastern Daylight Time
PLYMOUTH MEETING, Pa.--(BUSINESS
WIRE)--AdaptHealth Corp. (NASDAQ: AHCO) ("AdaptHealth" or the "Company"), a national leader in providing
patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today
that Scott Barnhart has been appointed as Chief Operating Officer, effective September 23, 2024.
Mr. Barnhart has more
than 30 years of leadership experience in global operations including supply chain management, manufacturing, procurement, logistics,
customer service and product portfolio management. Most recently, he served as Chief Operating Officer of Qurate Retail Group, a leading
global retail group, where he led operational and productivity improvements across the fulfillment center network and last mile customer
delivery. Prior to that, Mr. Barnhart served in senior executive positions at some of the world's leading companies across several
industries, including his role as President of Global Medical Products & Supply Chain at Cardinal Health, where he developed and
led a five-year, end-to-end, global supply chain transformation strategy to improve productivity, innovation, quality and customer experience.
Chief Executive Officer of AdaptHealth, stated, "The change we're announcing today supports our ongoing efforts to create
clear roles and responsibilities, drive effective management, and align the organization's structure to best reflect our business processes."
continued, "The skillsets Scott brings will help us advance our commitment to delivering exceptional care to our patients while
fostering organic growth through disciplined operational excellence. There's a bright future for AdaptHealth and this change serves
to best position us to seize upon the opportunities ahead."
About AdaptHealth Corp.
AdaptHealth is a national
leader in providing patient-centered, healthcare-at-home solutions including home medical equipment (HME), medical supplies, and
related services. The Company provides a full suite of medical products and solutions designed to help patients manage chronic
conditions in the home, adapt to challenges in their activities of daily living, and thrive. Product and service offerings include
(i) sleep therapy equipment, supplies, and related services (including CPAP and bi PAP services) to individuals suffering from
obstructive sleep apnea, (ii) medical devices and supplies to patients for the treatment of diabetes (including continuous glucose
monitors and insulin pumps), (iii) HME to patients discharged from acute care and other facilities, (iv) oxygen and related chronic
therapy services in the home, and (v) other HME devices and supplies on behalf of chronically ill patients
with wound care, urological, incontinence, ostomy and nutritional supply needs. The Company is proud to partner with an extensive
and highly diversified network of referral sources, including acute care hospitals, sleep labs, pulmonologists, skilled nursing
facilities, and clinics. AdaptHealth services beneficiaries of Medicare, Medicaid, and commercial insurance payors, reaching
approximately 4.2 million patients annually in all 50 states through its network of approximately 670 locations in 47
Chief Financial Officer

Frequently Asked Questions

What role has Scott Barnhart been appointed to at AdaptHealth?

Scott Barnhart is the new Chief Operating Officer of AdaptHealth.

When will Scott Barnhart start his new position?

He will begin his role on September 23, 2024.

What is AdaptHealth known for?

AdaptHealth is a leader in providing healthcare-at-home solutions.

How many patients does AdaptHealth serve annually?

The company serves approximately 4.2 million patients each year.

What services does AdaptHealth provide?

They offer home medical equipment, supplies, and chronic condition management.

Last updated: Aug 26, 2024