Also Noted

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...

SAN CARLOS, Calif. – WHILL has expanded its operations in North America, paving the way for the company to exceed its first-quarter goals. In Q1 of 2024, Scootaround powered by WHILL, the company’s rental operations, saw a 13% increase in cruise rentals compared to the previous year and an 81% increase compared to pre-pandemic levels in 2019. The company also enhanced its rental services in Miami and Galveston, Texas, by installing walk-up terminals. This summer, it plans further expansions,...

DUNEDIN, Fla. – One Health Direct has expanded its offerings for its DME partners to include phototherapy products. "We aim to communicate four main points about phototherapy treatment to patients," said Alois Rubenbauer, CEO. "Phototherapy is safer, affordable, works fast, and is often more effective than other treatment options." Following its proven process, OHD will educate and guide potential phototherapy patients through the education and qualification process...

MINNEAPOLIS – Coloplast saw 8% organic growth in its second quarter ended March 31, 2024. Organic growth rates by business area were ostomy care 7%, continence care 8%, advanced wound care 8% and interventional urology 5%. “We deliver a solid second quarter with 8% organic growth and an EBIT margin of 27%, which is in line with our financial guidance,” said Kristian Villumsen, president and CEO, in an interim financial report. “I would like to highlight a strong Q2 performance...

ROCHESTER, N.Y. - NCART has named Julie Piriano, a veteran of the complex rehab industry, to the newly created position of senior director of payer relations & regulatory affairs. Her role is to ensure all payers and insurers follow policy and cover required equipment and services. “NCART and our members are excited to have Julie join in this important new role,” said Wayne Grau, executive director of NCART. “Her experience working with a variety of stakeholders, including government...

FRISCO, Texas – Soleo Health has been named a limited distribution specialty pharmacy partner to dispense RYPLAZIM manufactured by Kedrion Biopharma. RYPLAZIM is the first and only U.S. Food & Drug Administration-approved treatment for supporting the approximately 500 people in the U.S. affected by plasminogen deficiency type 1 (PLGD-1).  "We take pride in being among the few selected specialty pharmacy providers administering RYPLAZIM to PLGD-1 patients,” said Drew Walk, CEO...

DUBLIN, Ohio – Cardinal Health’s at-Home Solutions operating segment, along with two other segments, reported revenue of $1.2 billion for the third quarter of the company's fiscal year 2024, a 14% increase year over year. The “other” segment, which also includes Nuclear and Precision Health Solutions and OptiFreight Logistics, posted a profit of $11 million, a 5% increase, due to the performance of OptiFreight Logistics. Overall, Cardinal Health reported revenue of $54.9...

INDIANAPOLIS – Rehab Medical has launched its seventh location in Florida. The new Jacksonville location will be led by Igor Rodriguez, branch manager, and Tonya Allen, sales manager and assistive technology professional (ATP). "I am extremely excited about the new Jacksonville office and the potential that North-East Florida has,” said Paul Martin, regional vice president of sales. “With Tonya and Igor leading the sales and operations management team we have the foundation...

CINCINNATI – Quipt Home Medical has announced the Toronto Stock Exchange has accepted its notice of intention to implement a normal course issuer bid (NCIB). Under the NCIB, the company may purchase for cancellation up to 3,626,845 common shares from time to time in accordance with applicable securities laws, ‎representing approximately 10% of the company’s public float (as defined by the TSX). “We are pleased to announce this NCIB as an additional capital allocation option...

LOS ANGELES – A new partnership aims to provide mothers with easy access to free Momcozy breastfeeding equipment and accessories through insurance reimbursement facilitated by 1 Natural Way, a DME provider that specializes in the needs of new mothers. The partnership kicked off on May, coinciding with the launch of 1NW’s new platform to facilitate the procurement of breastfeeding equipment and supplies. “This synergistic collaboration between Momcozy and 1NW represents a significant...