BNET Industries

Market Cap:$4.0M
Last Fiscal Year Sales:$559.3M
  • Public
  • US
Dow Jones Description

Home Care Products; Infusion Therapy, Home Respiratory Care & Other Medical Services & Equipment Marketer & Distr

President & CEOPhilip L. Carter
Number of Employees 3,800
Contact Information

2600 Technology Dr Ste 300

Orlando, Florida 32804

www.rotech.com

(407) 822-4600

NAICS Code Home Health Care Services: 621610

News & Analysis

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rotech healthcare inc. - All News and Analysis

Additional Resources

  • Vapotherm®'s poised for expansion into home care segment

    - 2008-11-01

    Vapotherm, the global leader in High How Oxygen Therapy products, has announced that industry veteran Nick Macmillan has joined the company as Manager of its Home Care Segment. Macmillan will be responsible for developing and managing the company's expansion of respiratory therapy products that address chronic and sleep disorders. ...

  • IBM Helps Rotech Healthcare and Osaka Gas Accelerate Performance and Lower Costs Using WebSphere Virtual Enterprise

    - 2008-05-28

    IBM (NYSE: IBM) today announced that businessesare taking advantage of WebSphere Virtual Enterprise tomanage software applications and service oriented architecture SOA environments with minimal human interaction. The software increasesapplication performance and lowers operational and energy costs required tocreate, run, and manage applications across an enterprise. WebSphere Virtual...

  • Rotech Healthcare Inc., Receives Nasdaq Notice Regarding Capital Market Listing Deficiency

    - 2008-04-23

    ORLANDO, Fla. -- Rotech Healthcare Inc. (NASDAQ:ROHI) (the "Company") announced that it received on April 17, 2008 a Nasdaq Staff Determination letter stating that the Company has failed to comply with Marketplace Rule 4310c(3), which requires the Company to have a minimum of $2,500,000 in stockholders' equity or $35,000,000 market...

  • Rotech Healthcare Inc., Receives Nasdaq Notice Regarding Capital Market Listing Deficiency

    - 2008-03-14

    ORLANDO, Fla. -- Rotech Healthcare Inc., (NASDAQ:ROHI) (the "Company") announced that it has received a Nasdaq Staff Deficiency letter indicating that the Company has failed to comply with Marketplace Rule 4310c(3), which requires the Company to have a minimum of $2,500,000 in stockholders' equity or $35,000,000 market value of listed...

  • Rotech Healthcare Announces NASDAQ Deficiency Notice

    - 2007-12-14

    ORLANDO, Fla. -- Rotech Healthcare Inc. (NASDAQ:ROHI) (the "Company") today announced that it received a Bid Price Deficiency Letter from the NASDAQ Stock Market on December 10, 2007, indicating that for 30 consecutive business days preceding the date of the letter, the bid price of the company's publicly held shares...

  • Rotech Healthcare Announces NASDAQ Deficiency Notice

    - 2007-11-21

    ORLANDO, Fla. -- Rotech Healthcare Inc. (NASDAQ:ROHI) (the "Company") today announced that it received a NASDAQ Staff Deficiency Letter on November 16, 2007, indicating that the Company fails to comply with the minimum market value of publicly held shares requirement for continued listing on the NASDAQ Global Market set forth...

  • Aegis Industries, Inc. Highlighted by Leading Penny Stock Site.

    - 2007-03-30

    M2 PRESSWIRE-30 March 2007-LiquidStockReport.com: Aegis Industries, Inc. Highlighted by Leading Penny Stock SiteC1994-2007 M2 COMMUNICATIONS LTD RDATE:30032007 Stocks To Watch: Aegis Industries, Inc. (OTCBB: AGIN), Rotech Healthcare, Inc (Nasdaq: ROHI), Xechem International, Inc. (OTCBB: XKEM), Empire Resources, Inc (AMEX:ERS), Smith...

  • Trading Alert for Rotech Healthcare Inc.

    - 2007-03-28

    M2 PRESSWIRE-28 March 2007-Biotech News: Trading Alert for Rotech Healthcare Inc.C1994-2007 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...

Decision Makers

Name (plus bio) Position
Philip L. Carter President & CEO
Albert Prast CIO & CTO
J. Chad Brown Chief Sales Officer
Mark Myogeto Chief Strategy Officer
Michael Dobbs Chief Operation Officer
Rebecca Myers Chief Legal Officer
Steven P. Alsene Chief Financial Officer
Edward L. Kuntz Director

Board of Directors

Name (plus bio) Position
Arthur J. Reimers Chairman
Arthur Siegel Board of Directors
Barbara B. Hill Board of Directors
Barry E. Stewart Board of Directors
Guy P. Sansone Board of Directors
James H. Bloem Board of Directors
William J. Mercer Board of Directors

Philip L. Carter, became President, Chief Executive Officer and a director of Rotech Healthcare Inc. in December 2002. From March 2002 to November 2002, Mr. Carter was self-employed. From May 1998 to February 2002 Mr. Carter was the Chief Executive Officer and a director of Apria Healthcare Group Inc. Prior to joining Apria Healthcare Group Inc., Mr. Carter had served as President and Chief Executive Officer of Mac Frugal's Bargains Close-Outs Inc., a chain of retail discount stores, since 1995.

Organization Position Status
Rotech Healthcare Inc. President & CEO Current
Rotech Healthcare Inc. Board of Directors Current
Apria Healthcare Group Inc. Chief Executive Officer Former
Apria Healthcare Group Inc. Director Former
Organization Position Status
Rotech Healthcare Inc. CIO & CTO Current
Connextions, Inc. Executive Vice President, Chief Information Officer Current
International Business Machines Corporation Former
Rollins College Master of Business Administration Former
University of Michigan Bachelor of Science Former
Organization Position Status
Rotech Healthcare Inc. Chief Sales Officer Current
Organization Position Status
Rotech Healthcare Inc. Chief Strategy Officer Current

Michael R. Dobbs, became Chief Operation Officer of Rotech Healthcare Inc. in January 2003. Prior to joining our company, Mr. Dobbs was an officer of Apria Healthcare Group Inc., serving as Executive Vice president, Logistics from January 1999 to January 2003 and as Senior Vice President, Logistics from June 1998 to January 1999. Prior to joining Apria Healthcare Group Inc., Mr. Dobbs served as Senior Vice President of Distribution for Mac Frugal's Bargains Close-Outs Inc. from 1991 to 1998.

Organization Position Status
Rotech Healthcare Inc. Chief Operation Officer Current
Apria Healthcare Group Inc. Executive Vice president, Logistics Former
Apria Healthcare Group Inc. Officer Former

Rebecca L. Myers, Chief Legal Officer and Corporate Secretary, joined Rotech in January 2001. Previously, Ms. Myers was the Chief Executive Officer and Chief Operating Officer, respectively, of two Internet healthcare start-ups. Prior to that, Ms. Myers was the SVP and General Counsel of Options Healthcare. Prior to Options, Ms. Myers served as the SVP and General Counsel of ValueRX, then the nation’s largest independent pharmacy benefits manager. Prior to ValueRX, Ms. Myers served as the Assistant General Counsel of Preferred Healthcare, a publicly traded managed mental healthcare company. Ms. Myers also previously served as the Assistant General Counsel of Trans World Airlines. Prior to her corporate career, Ms. Myers served as an Assistant District Attorney in the Bronx District Attorney’s Office. Ms. Myers’ academic career includes a position as Adjunct Professor of Business Law at Lehman College. Ms. Myers received her Bachelor of Science in Psychology with a concentration in Philosophy from Fordham University and her law degree from St. John's University School of Law.

Organization Position Status
Rotech Healthcare Inc. Chief Legal Officer Current
Lehman College Adjunct Professor Former
Trans World Airlines, Inc. Assistant General Counsel Former
St. John's University Law Degree Former
Fordham University Bachelor of Science In Psychology With A Concentration Former

Steven P. Alsene, Vice President of Finance and Interim Chief Financial Officer, joined Rotech in June 2003 as the Vice President of Internal Audit. From June 1999 to June 2003, Mr. Alsene was the Head of Corporate Audit Services of Harcourt Education, a division of Reed Elsevier PLC. From 1992 to 1999, Mr. Alsene served in various audit department capacities including audit manager with PricewaterhouseCoopers LLP. Mr. Alsene is a certified public accountant in the State of Florida. He received his Bachelor of Science in Accounting from Florida State University and holds a Masters in Accounting from Florida State University.

Organization Position Status
Rotech Healthcare Inc. Chief Financial Officer Current
Organization Position Status
Surgis, Inc. Advisor and Director Current
Rotech Healthcare Inc. Chairman Current
Rotech Healthcare Inc. Board of Directors Current
New Mountain Capital, LLC Advisory Board Member Current
The Goldman Sachs Group, Inc. Partner Former
The Goldman Sachs Group, Inc. Former Co-Head Healthcare Gp Former
The Goldman Sachs Group, Inc. co-head Former
Harvard University Master of Business Administration Former
University of Miami Bachelor of Science Former

Arthur Siegel has been a director of the Company since October 2002. He is currently an independent consultant. From October 1997 to August 2001, he was the executive director of the Independence Standards Board, a promulgator of independence standards for auditors. In October 1997, he retired from Price Waterhouse LLP (now PricewaterhouseCoopers LLP) after 37 years, including 25 years as a partner and seven years as vice chairman of accounting and auditing services. Mr. Siegel holds a Masters of Business Administration and a Bachelor of Arts from Columbia University.

Organization Position Status
Rotech Healthcare Inc. Board of Directors Current
Organization Position Status
Rotech Healthcare Inc. Board of Directors Current
St. Jude Medical, Inc. Board of Directors Current
ValueOptions, Inc. Chief Executive Officer Former
Woodhaven Health Services CEO Former
Express Scripts, Inc. President Former
Cigna HealthCare Senior Vice President Former
Rush University Faculty Former
Woodhaven Health Services Chairman Former
Express Scripts, Inc. Board Director Former
The Johns Hopkins University M.S. Degrees Former
The Johns Hopkins University B.A. Former

Barry Stewart joined LHC Group in June of 2006. He has extensive experience in the healthcare industry, serving most recently as the CFO of Rotech Healthcare, a provider of home respiratory care and durable medical equipment and services to patients with breathing disorders. Prior to that, he was CFO at Evolved Digital Systems, a healthcare technology solutions company, and Vice President of Finance and Treasurer at Community Health Systems, an operator of general acute care hospitals in non-urban communities throughout the country. Mr. Stewart earned a Bachelor's Degree in Business Administration at Northeast Louisiana University and holds an MBA from the University of Houston. Additionally, he is a licensed CPA, as well as a Permanent Member of the Treasury Management Association. He is also a member of the American Institute of Certified Public Accountants, the Tennessee Society of Certified Public Accountants, and the Texas Society of Certified Public Accountants.

Organization Position Status
American Institute of Certified Public Accountants Current
Rotech Healthcare Inc. Board of Directors Current
Hotstocked.Com Board of Directors Current
Flotek Industries, Inc. Board of Directors Current
Evolved Digital Systems Inc. Cfo Former
Rotech Healthcare Inc. Cfo Former
LHC Group, Inc. Cfo & Senior Vice President Former
Community Health Systems, Inc. Vice President of Finance and Treasurer Former
The University of Houston Mba Former
Northeast Louisiana University Bachelor's Degree In Business Administration Former

Edward L. Kuntz is a leading healthcare executive in the United States, bringing deep industry knowledge and contacts. He currently is Executive Chairman of Kindred Healthcare, Inc., one of the largest providers of long-term healthcare services in the United States. Kindred is a New York Stock Exchange listed company with revenues in excess of $4 billion, and is also a Fortune ?500? company. In January 2004, Mr. Kuntz relinquished his position as CEO of Kindred, after serving as CEO for more than five years. Prior to Kindred, Mr. Kuntz was an advisor to a number of healthcare companies and investment groups, including a venture capital firm. He was also CEO of Living Centers of America, a leading long-term healthcare company. Mr. Kuntz began his career in the private practice of law and then served as General Counsel of ARA Services (now Aramark). Mr. Kuntz serves as a director of Rotech Healthcare and PharMerica. He has been active in numerous professional associations, including the Alliance for Quality Healthcare, the American Health Care Association and the Federation of American Hospitals. Mr. Kuntz graduated magna cum laude with a Bachelor of Arts degree and also received Juris Doctor and Master of Law degrees from Temple University.

Organization Position Status
Aperture Venture Partners, LLC Executive In The United States, Bringing Deep Industry Knowledge and Contacts Current
Kindred Healthcare, Inc. Executive Chairman Current
PharMerica Corporation Board of Directors Current
Castle-Dental.Com Director Current
Aperture Venture Partners, LLC Board of Directors Current
Rotech Healthcare Inc. Director Current
Kindred Inc. CEO Former
Kindred Healthcare, Inc. Chief Executive Officer Former
PharMerica Corporation President Former
Ara Services Corporation General Counsel Former
Temple University Juris Doctor Former
Temple University Master of Law Degrees Former
Temple University Bachelor of Arts Former
Organization Position Status
Rotech Healthcare Inc. Board of Directors Current

James H. Bloem joined Humana in February 2001, as senior vice president and chief financial officer. In addition to supervising all accounting, actuarial, financial, tax, risk management, treasury and investor relations activities, he is responsible for helping develop business growth strategies, with a focus on industry-leading innovation in product design and the application of new technology. Previously, Mr. Bloem has served as executive vice president, then as President of the Personal Care Division of Perrigo Company, the nation's largest manufacturer of over-the-counter pharmaceuticals, personal care and nutritional products for the store brand market. Prior to that, he served as Vice President and Chief Financial Officer of Herman Miller, Inc., an international manufacturer of office furniture and furniture systems. Before that, Mr. Bloem served as Vice President and General Counsel of Herman Miller, Inc. Mr. Bloem also has worked as an independent financial and business consultant, serving national and international clients, and was a partner specializing in taxation and corporate practice in the Grand Rapids, Michigan law firm of Law, Weathers, and Richardson. Mr. Bloem holds a law degree from Vanderbilt University and a Masters of Business Administration degree from Harvard Business School. He also is a certified public accountant, and serves as a director of several corporate and educational boards.

Organization Position Status
Business-Higher Education Forum Senior Vice President, Chief Financial Officer and Treasurer Current
Humana Inc. Senior Vice President, Chief Financial Officer & Treasurer Current
Mark Farrah Associates Current
Rotech Healthcare Inc. Board of Directors Current
The Perrigo Company President Former
Herman Miller, Inc. Chief Financial Officer Former
The Perrigo Company Executive Vice President Former
Herman Miller, Inc. Vice President Former
Weathers Partner Former
Herman Miller, Inc. General Counsel Former
BDO Seidman, LLP Tax Accountant Former
Humana Inc. Board of Directors Former
Vanderbilt University Law Degree Former
Harvard Business School Masters of Business Administration Degree Former
Calvin College Bachelor of Arts Degree Former
Vanderbilt University Degree Former
Organization Position Status
Intuitive Surgical, Inc. Founder and Managing Member of Avocet Ventures, Llc Current
R2 Technology, Inc. Board of Directors Current
Affinergy, Inc. Board of Directors Current
Rotech Healthcare Inc. Board of Directors Current
Intuitive Surgical, Inc. Director Current
The Technology Company, Inc. Board of Directors Current
Avocet Ventures, LLC Managing Member Current
IVAC Corporation CEO Former
IVAC Corporation President Former
Avocet Ventures Founder Former
Avocet Ventures Managing Member Former
Eli Lilly and Company Former
Mallinckrodt Inc. Former
Medicalimaginggroup Former
Abbott Laboratories Former
IVAC Corporation Director Former
North Carolina State University Bachelors of Science In Zoology Former

Executive News

  • Managed Care Executives See Highly Competitive, Rational Market

    CNN Money - 6/10/09 - View Story

  • Humana Inc. to Present at the 2009 Citi Healthcare Services Day

    Business Wire - 5/27/09 - View Story

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     ROHI $0.15 +0.02 (15.38% )
Average Volume 26,990
Shares Outstanding 25.51M
Market Cap 3.8M
Year High 0.21
Year Low 0.005
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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