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On the Record · AdaptHealth

AdaptHealth acquisitions, on the record

The businesses AdaptHealth bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
DFB Healthcare Acquisitions Corp. (business combination with AdaptHealth Holdings LLC)
Word for word“The Business Combination closed on November 8, 2019.” 10-K for 2023
acquisitionThe Business Combination closed on November 8, 2019.—
AeroCare Holdings, Inc.
Word for word“The use of funds in 2021 consisted of $1,620.3 million for business acquisitions, primarily for the AeroCare acquisition, $203.3 million for equipment and other fixed asset purchases and $1.1 million for other investments.” 10-K for 2023
acquisition—$1,620.3 million for business acquisitions, primarily for the AeroCare acquisition
Acquisitions in 2023 (businesses not individually named)
Word for word“The use of funds in 2023 consisted of $337.5 million for equipment and other fixed asset purchases, $19.7 million for business acquisitions, and $0.1 million for other investments.” 10-K for 2023
acquisition—$19.7 million for business acquisitions
Acquisitions in 2022 (businesses not individually named)
Word for word“The use of funds in 2022 consisted of $19.0 million for business acquisitions, $391.4 million for equipment and other fixed asset purchases and $0.7 million for other investments.” 10-K for 2023
acquisition—$19.0 million for business acquisitions
DFB Healthcare Acquisitions Corp.
Word for word“The Business Combination closed on November 8, 2019.” 10-K for 2024
mergerNovember 8, 2019—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2018-12-31$86.3 million$164.8 million
2019-12-31$63.5 million$65.3 million
2020-12-31$769.3 million$732 million
2021-12-31$1.62 billion$2.54 billion
2022-12-31$19 million$12.3 million
2023-12-31$19.7 million$9.6 million
2024-12-31$9.5 million$9.1 million
2025-12-31$42.4 million$33.3 million

Deal filings since 2016

Read from AdaptHealth’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.