Also Noted
HealthWell launches COPD assistance fund
May 23, 2024HME News Staff
GERMANTOWN, Md. — The HealthWell Foundation, an independent non-profit charitable organization that provides financial assistance for underinsured Americans, has opened a new fund to provide financial assistance to individuals living with COPD. Through the fund, HealthWell will provide up to $3,250 in medication copayment or insurance premium assistance to eligible Medicare patients with annual household incomes up to 500% of the federal poverty level for the management of their disease. “Individuals...
Rehab Medical honored for ‘commitment’ to employees
May 22, 2024HME News Staff
INDIANAPOLIS, Ind. – Rehab Medical was named a Top Workplaces 2024 by The Indianapolis Star. The list is based solely on employee feedback gathered through a third-party survey that measures the employee experience and its component themes, including feeling respected & supported, enabled to grow, and empowered to execute. “This award is a testament to our commitment of providing employees with a supportive culture, great engagement programs and career advancement opportunities,”...
InfuSystem to repurchase up to $20 million in stock
May 22, 2024HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem Holdings has announced a stock repurchase program authorizing the company to repurchase up to $20 million of its outstanding common stock through June 30, 2026. The program supersedes the previous authorization, which was set to expire June 30, 2024. Under the previous authorization, InfuSystem repurchased approximately 550,000 shares of stock for approximately $6.2 million. “This authorization will continue the company’s long-standing buyback...
O2matic device shows promise
May 22, 2024HME News Staff
COPENHAGEN and AURORA, Colo. – O2matic, a Danish medical device company focused on developing next-generation oxygen therapy and monitoring technologies, has announced that its proprietary technology is the subject of research led by Adit Ginde, MD, professor of emergency medicine and anesthesiology at the University of Colorado School of Medicine. Dr. Ginde and his team’s work has paved the way for the SAVE-O2 trial, a multi-center randomized clinical trial funded by the U.S. Department...
Balance Point Capital backs SG Homecare acquisition
May 21, 2024HME News Staff
WESTPORT, Conn. – Balance Point Capital, an alternative investment manager focused on the lower-middle market, has announced its investment in SG Homecare. Balance Point, in conjunction with affiliate funds Balance Point Capital Partners V and Balance Point Capital Partners VI, arranged debt financing to support SG Homecare’s recent acquisition of Western Drug, retire existing debt and provide capital for future working capital needs. “Balance Point is excited to support SG’s...
ATF Medical names new exec
May 21, 2024HME News Staff
NEWNAN, Ga. – ATF Medical has appointed Katherine Nelson as vice president of national sales. Nelson, who is based in Las Vegas, will oversee the company’s efforts to market its comprehensive, integrated mobility and accessibility services for seriously injured workers throughout the country. “Katherine is a highly accomplished account management and sales professional,” said James Rogalsky, ATF Medical’s senior vice president, rehab technology and adaptive housing solutions....
Aeroflow Health supports new moms in VA
May 20, 2024HME News Staff
ASHEVILLE, N.C. – Aeroflow Health is now serving the Virginia Medicaid population with lactation consultations. The company’s partnership with the state Medicaid program and its managed care organizations will connect new mothers to a network of lactation consultants and other maternal health services at little to no cost for them. “Aeroflow’s mission is to improve postpartum health outcomes for new mothers,” said Nicole Peluso, IBCLC, CD, CAHPE, Manager of Lactation...
Mobility & More marks 20 years
May 20, 2024HME News Staff
LOVELAND, Colo. – Mobility & More, which specializes in power mobility and complex rehab, credits a small but mighty team with more than 120 years of experience for its success over the past 20 years in business. It was incorporated in 2003 with Kyleen Black as president and opened its doors in 2004. “The business we are in is rewarding almost beyond description,” the company stated in a press release. “We are challenged daily with providing solutions that improve the lives...
Golden wins VA contract for scooters
May 20, 2024HME News Staff
OLD FORGE, Pa. – Golden Technologies has been awarded its fourth consecutive five-year contract by the U.S. Department of Veterans Affairs to supply mobility products. The company submitted scooters in five categories and was awarded contracts for all of them. “We are ecstatic and incredibly honored to have been awarded the contract to continue providing top-of-the-line power mobility scooters to our veterans and introduce even more exceptional models in additional categories with this...
FDA to launch Home as a Health Care Hub
May 16, 2024HME News Staff
WASHINGTON – The U.S. Food and Drug Administration is launching Home as a Health Care Hub, an initiative to help reimagine the home environment as an integral part of the health care system, with the goal of advancing health equity for all people in the U.S. The initiative will serve as an idea lab, not only to connect with populations most affected by health inequity, but also for medical device developers, policy makers and providers to begin developing home-based solutions that advance health...