Tag: Portable Oxygen Concentrator (POC)
Inogen: ‘We’re happy with what we’re seeing’
May 10, 2024Liz Beaulieu, Editor
GOLETA, Calif. – Inogen shared the ways it’s increasing “synergies and efficiencies” across its various sales channels during a recent conference call to discuss its financial results for the first quarter of 2024.
The company’s president and CEO, Kevin Smith, said these efforts include training its team to execute in both its direct-to-consumer and rental channels, launching partnerships within its business-to-business channel and generating new targets in...
Inogen: We’re ‘off to solid start’
May 8, 2024HME News Staff
GOLETA, Calif. - Inogen reported total revenue increased 8.1% to $78 million in the first quarter of 2024, primarily driven by higher international and domestic business-to-business sales, partially offset by lower direct-to-consumer sales and rental revenue. We are pleased to be off to a solid start at Inogen in 2024,” said Kevin Smith, president and CEO. “Looking forward, we remain focused on positioning the business for revenue growth, improving our operating discipline to drive long-term...
Respiratory supply chain stabilizes
March 15, 2024HME News Staff
In the four years since the COVID-19 pandemic began, the respiratory market has been “on a rollercoaster” with supply chain challenges. Now, with the virus less of a threat, the situation has stabilized, manufacturers say.
“We are seeing the supply chain environment return to (previous) levels and have maintained a 98% on-time delivery status in 2023,” said Kevin Smith, CEO of Goleta, Calif.-based Inogen. “Our manufacturing facility in Plano, Texas, has undergone...
Belluscura, Sunset Healthcare partner
February 13, 2024HME News Staff
LONDON and PLANO, Texas – Belluscura's X-PLOR portable oxygen concentrator will be offered to more than 1,600 customers of Chicago-based Sunset Healthcare Solutions under a new distribution partnership. The partnership will also include Belluscura’s DISCOV-R POC in the second quarter, when it becomes available to DME providers. "We welcome the new partnership with Sunset Healthcare Solutions, which will provide over 1,600 health care businesses with access to our innovative products...
Providers try to balance cost, convenience of POCs
January 5, 2024Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Adoption of portable oxygen concentrators has increased, but providers say the units still present challenges, particularly when it comes to durability.
In general, the lighter the weight, typically the less durable the device, says Dave Anderson, owner of Anderson's Medical Products in Terre Haute, Ind.
“The heavier and more protected it is, (the more durable it is), but you lose the benefit of the light weight, and that’s what it’s...
Belluscura gets green light in China
December 20, 2023HME News Staff
LONDON and PLANO, Texas – Belluscura has received approval from the National Medical Products Administration to distribute the X-PLOR portable oxygen concentrator in China. China is part of the licensed territory covered by the exclusive license agreement with InnoMax Medical Device Technologies announced in August 2023. "We are delighted to have received approval in China which has taken over approximately 10 months,” said Bob Rauker, CEO. “This enables us to launch sales...
Belluscura to distribute X-PLOR in Singapore
December 13, 2023HME News Staff
LONDON and PLANO, Texas – Belluscura has received approval from the Singapore Health Sciences Authority to distribute its X-PLOR portable oxygen concentrator under its exclusive licensing with InnoMax Medical Device Technology Ltd. Belluscura partnered with InnoMax in August. "We are very excited to receive this approval, enabling us to launch sales in Singapore, as a first market in the (Association of Southeast Asian Nations) region,” said CEO Bob Rauker. “With our arrangement...
Rhythm resolves to increase adoption
November 17, 2023Liz Beaulieu, Editor
CLEARWATER, Fla. – Rhythm Healthcare has launched a new program called Rhythm Resolve to address one of the major roadblocks to wider adoption of portable oxygen concentrators.
Under the program, if a Rhythm POC “goes down” within its three-year warranty period due to a manufacturer defect, the company will just replace it, says Doug Francis.
“The provider has a fear that a POC business model will be disruptive to the patient,” said Francis, president...
Belluscura tries on DTC business
October 25, 2023HME News Staff
LONDON, PLANO, Texas, and SHENZHEN, China – Belluscura, a medical device developer focused on lightweight and portable oxygen technology, says early results on a two-month-old direct to consumer program for its X-PLOR device have exceeded initial expectations. The company has launched a three-pronged direct sales, leasing and short-term rental program for the device that has been well received by customers. "I am very excited about the new direct-to consumer sales program,” said...
Belluscura shakes things up
October 5, 2023HME News Staff
LONDON and PLANO, Texas – Belluscura has announced a possible acquisition and has made a change to its executive leadership.
Belluscura has reached an agreement with TMT Acquisitions, a London-based acquisition vehicle in the technology, media and telecommunications sector, on the key terms of a possible share-for-share offer for the company, in a deal that would be valued at EUR 6 million. Belluscura will use the deal, which includes a $100,000 break-up fee, to help grow its portable...