Tag: CPAP

SAN DIEGO – ResMed was able to take its AirSense 10 fully connected CPAP device off allocation in the U.S. market in January, CEO Mick Farrell said during a conference call to discuss its financial results for the second quarter fiscal year 2023.  Furthermore, the company expects to be able to meet all demand before the end of this calendar year, he said, paving the way for providers to get patients on therapy in days or weeks vs. months at the height of a supply crisis created by a...

AUCKLAND, New Zealand – Fisher & Paykel Healthcare expects full year operating revenue for the 2023 financial year to be within the range of about $1.55 billion to $1.6 billion, the company announced on Jan. 19.  In F&P’s Homecare Product Group, sales of obstructive sleep apnea masks have remained strong, said Lewis Gradon, managing director and CEO.  “Our mask sales growth rate is currently tracking above that of our first half as global supply of CPAP hardware...

AUCKLAND, New Zealand – Fisher & Paykel Healthcare expects full year operating revenue for the 2023 financial year to be within the range of about $1.55 billion to $1.6 billion, the company announced on Jan. 19.  In F&P’s Homecare Product Group, sales of obstructive sleep apnea masks have remained strong, said Lewis Gradon, managing director and CEO.  “Our mask sales growth rate is currently tracking above that of our first half as global supply of CPAP hardware...

NEW HAVEN, Conn. – People in marginalized and underserved communities are at higher risk of sleep apnea, but they don’t always have access to CPAP therapy, putting them at greater risk of adverse outcomes, says Dr. Vivian Asare, associate medical director of the Yale Centers for Sleep Medicine.  Asare was recently awarded the American Academy of Sleep Medicine Foundation Community Sleep Health Grant to provide funding for the Yale Compassionate CPAP Service, which she established...

CINCINNATI – Quipt Home Medical kicked off 2023 by adding seven new states and 70,000 patients with its acquisition of Great Elm Healthcare – its largest acquisition to-date, says CEO Greg Crawford.  “We really could not be more excited about this,” he said. “To combine these two organizations is really taking Quipt to another sphere.”  Quipt will pay $80 million for the Waltham, Mass.-based Great Elm, which formed in 2018 when Great Elm Capital...

Company has spent 18 months testing exposure to particulate matter and VOC emissions from degraded foam in its first-generation DreamStation CPAP devices It has shared test results and assessments with the U.S. Food and Drug Administration but does not have a timeline for when it will hear back  Right now, there are no changes to guidance for health care providers and patients  AMSTERDAM – Philips officials say a now completed set of test results and assessments of recalled...

AUCKLAND, New Zealand – Fisher & Paykel Healthcare’s Homecare Product Group was a bright spot in the company’s financial results for the first half of the 2023 financial year, with revenue up 10% over the prior comparable period.  Revenue for OSA masks and accessories, specifically, increased 16% on the back of the positive reception to F&P’s new Evora Full. The mask, which features a floating seal and stability wings, received 510(k) clearance from the U.S. Food and...

PLYMOUTH MEETING, Pa. – AdaptHealth had a record number of CPAP setups in the third quarter as the company chipped away at a backlog, but that was offset by a loss in resupply revenue and increased costs, say execs.  AdaptHealth had 34% more starts in the third quarter than in the first quarter, and its PAP census grew to 27% over its lowest point in February 2022. But another recall from Philip – this time for certain masks with magnetic headgear clips or straps* – dampened...

LAFAYETTE, La. – Viemed Healthcare is using its “high-touch, high-tech approach” to open doors to new business, including a contract with the Department of Veterans Affairs, says CEO Casey Hoyt.  “We have been awarded a solicitation contract to place our people in the homes of veterans in need of pulmonary disease management, social services and behavioral health,” Hoyt said during a recent call to discuss the company’s third quarter earnings. “The...

NEW HAVEN, Conn. – Vivian Asare, MD, the associate medical director of the Yale Centers for Sleep Medicine, has been awarded the American Academy of Sleep Medicine Foundation Community Sleep Health grant to provide funding for the Yale Compassionate CPAP Service. The service will provide uninsured and underinsured patients with equipment and assistance to offset the costs of sleep apnea therapy over the next 12 months. "Unfortunately, the cost of CPAP equipment and supplies remains a barrier...