Archive: May 2024
‘Switching heads’ syndrome: CPCG wants more, not less, fragmentation
May 29, 2024Liz Beaulieu, Editor
WASHINGTON – Saleem Shah officially debuted Collaborative Patient Care Group (CPCG) at Medtrade in March after developing business-to-business offshoring and custom technology development solutions for his own company, New Hampshire Medical Supply, in 2019 and offering them to other companies starting in 2023.
CPCG’s “belief system”: To take over certain tasks so HME providers can eliminate the “switching heads” syndrome that holds them back from peak...
In brief: HoneyNaps funding, Philips BiPAP update, F&P Healthcare results
May 29, 2024HME News Staff
BOSTON – HoneyNaps, an AI sleep data analysis company based in South Korea, has closed its series B round of funding, securing $11.6 million.
This funding is nearly three times the $3.9 million raised through series A funding back in 2021.
"This successful funding amidst a challenging investment climate has validated our position as Korea's leading sleep-tech company,” the company’s CFO stated in a press release. "These resources will enable us to...
HoneyNaps hits $16.2 million in funding
May 29, 2024HME News Staff
BOSTON – HoneyNaps, an AI sleep data analysis company based in South Korea, has closed its series B round of funding, securing $11.6 million.
This funding is nearly three times the $3.9 million raised through series A funding back in 2021.
"This successful funding amidst a challenging investment climate has validated our position as Korea's leading sleep-tech company,” the company’s CFO stated in a press release. "These resources will enable us to...
F&P Healthcare ‘returned to trajectory of growth’
May 29, 2024HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare has reported total operating revenue of $1.74 billion for the 2024 financial year, a 10% increase year over year, or 8% in constant currency.
The company says its growth was driven by solid demand in hospital consumables and strong growth in the obstructive sleep apnea mask business.
“After several years of changing demand patterns, we are pleased to have returned to a trajectory of growth,” said CEO Lewis Gradon....
Tandem integrates with Dexcom
May 29, 2024HME News Staff
SAN DIEGO – The Tandem Mobi insulin pump with Control-IQ technology is now fully compatible with both the Dexcom G7 and Dexcom G6 continuous glucose monitoring systems (CGMs). Tandem Mobi, an automated delivery system (AID), launched in the United States earlier this year. “Choice is a hallmark of our offerings, and we’ve proven this commitment with the expansion of our insulin pump portfolio and extended CGM compatibilities,” said John Sheridan, president and CEO of Tandem...
Philips updates safety notice for certain BiPAPs
May 28, 2024HME News Staff
AMSTERDAM – Philips has provided an update on a field safety notice affecting certain Philips Respironics ventilators due to a potential device alarm-related issue.
The company first notified customers of the safety notice in March.
Philips provided the following update:
Philips Respironics notified customers of the BiPAP A30, BiPAP A40, BiPAP V30 and OmniLab Advanced Plus ventilators of a potential issue affecting approximately 100,000...
GAO names new MedPAC members
May 28, 2024HME News Staff
WASHINGTON – The U.S. Government Accountability Office has appointed two new members to the Medicare Payment Advisory Commission (MedPAC) and reappointed four current members. The newly appointed members are Paul Casale, MD, MPH, executive director of NewYork Quality Care and Professor of Population Health Sciences and Clinical Medicine at Weill Cornell Medicine, and Joshua Liao, MD, MSc, professor of medicine and division chief of general internal medicine at the University...
Jason Morin to help ‘drive mission’ at Analytix Solutions
May 28, 2024HME News Staff
WOBURN, Mass. – Jason Morin, formerly of Coloplast, has joined Analytix Solutions as vice president of the company’s Healthcare Division. “I’m looking forward to the opportunity to work more closely with leaders like Enida Mimani and Satish Patel who continue to raise the bar in delivering tech-enabled services and solutions for the HME industry,” he said in a LinkedIn post. Analytix Solutions, based in Woburn, Mass., offers accounting / bookkeeping, medical billing,...
NSF reviews sleep research, details impact of screens
May 28, 2024HME News Staff
STONY BROOK, N.Y. - Sleep experts selected by the National Sleep Foundation to review 574 peer-reviewed published studies have agreed that, in general, screen use impairs sleep health among children and adolescents. They also found that the content of screen use before sleep impairs sleep health of children and adolescents, and behavioral strategies and interventions may attenuate the negative effects of screen use on sleep health. ”Upon review of the current literature, our panel achieved...
Enos Home Medical recommits to sleep
May 24, 2024Theresa Flaherty, Managing Editor
NEW BEDFORD, Mass. – Nearly five years after its exit, Enos Home Medical has launched Enos Sleep Solutions to fill a gap in the market for personalized care for sleep apnea, says CEO Jon Enos.
Enos Home Medical in 2019 sold its sleep therapy business to Cape Medical Supply to focus on hospice. Cape Medical was eventually acquired in 2021 by AdaptHealth.
“There's not a whole lot of options (anymore),” said Enos. “It's pretty much a monopoly and...