Tag: Home Medical Equipment
Lifeway Mobility completes ‘unique’ installation
February 2, 2023Liz Beaulieu, Editor
OCEAN CITY, Md. – Lifeway Mobility’s Baltimore team recently completed a stairlift installation that helped six families living in a condominium building here remain independent.
The team, led by Paul Bowen, regional operations manager, faced several challenges, including getting approvals from the building inspector, the City Permit Department and the local Fire Department. The Fire Marshall, for one, was concerned the stairlift would make exiting the building in an emergency...
Dallas ‘perfect venue’ for Medtrade
February 2, 2023John Andrews
Given its central location, mild spring weather, convention facility and role as a major transportation hub for air traffic, Dallas checks all the boxes for Medtrade’s new single-show location March 28-30, show director York Schwab says.
“With one show per year, attendees can set their sights on a single rallying point to launch providers into success for the remainder of the year—thanks to the March scheduling,” Schwab said. “Atlanta served the show well, but...
Demand continues to soar in bariatric market
February 2, 2023John Andrews
America is not getting any thinner. As a result, demand for bariatric-grade home medical equipment products continue to soar, manufacturers in the field say.
A September 2022 report by Trust for America’s Health shows four in 10 Americans are clinically obese and obesity rates are climbing nationwide and within population groups. The report finds that persistent increases in obesity rates across population groups underscores that obesity is caused by a number of factors and authors...
Invacare anticipates strong sequential growth in Q4
February 2, 2023HME News Staff
ELYRIA, Ohio – Invacare anticipates sequential growth in the fourth quarter of 2022, due to strong demand for its lifestyle and mobility & seating products and elevated open orders. Based on preliminary unaudited fourth quarter results, the company anticipates reporting the following results as compared to third quarter 2022: Net sales growth of 6% to $181 million as compared to $170 million, with growth in all regions and in all major product categories; gross margins, excluding the respiratory...
Parachute Health releases annual report on e-prescribing
February 2, 2023HME News Staff
PRINCETON, N.J. – Parachute Health’s e-prescribing platform is in use at more than 2,400 supplier locations supporting more than 370,000 health care providers and 54,000 clinical facilities across all 50 states, according to the company’s second annual report, “The State of DME ePrescribing.” The report provides a guide on adoption of DME e-prescribing across care settings and categories; platform data & key trends; and opportunities for clinicians, suppliers, manufacturers,...
Invacare files for bankruptcy, enters restructuring agreement
February 1, 2023HME News Staff
ELYRIA, Ohio – Invacare and two of its U.S. based subsidiaries have filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas, the company announced today.
The company does not anticipate the filings will impact its ability to manufacture and deliver products to its customers globally, and says its other businesses throughout the world remain strong and are not included in the filings.
The filings are part of a restructuring support agreement (RSA)...
Stakeholders push for Medicaid rate reform
January 27, 2023Liz Beaulieu, Editor
WASHINGTON – As part of a new national campaign, AAHomecare is asking industry stakeholders to use the recent CPI-U adjustments to the Medicare fee schedule as a talking point with state Medicaid programs to increase their rates.
CMS in December published a fee schedule reflecting 6.4% to 9.1% CPI-U adjustments, prompting AAHomecare to develop a template letter that stakeholders can personalize and share with state Medicaid programs to help provide a “rationale” for...
In brief: F&P’s expectations, insulin affordability, Power 500 list
January 27, 2023HME News Staff
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...
AZ MediQuip CEO: ‘Digitally, we’re behind – that's an opportunity’
January 20, 2023Theresa Flaherty, Managing Editor
SCOTTSDALE, Ariz. – Lane Hamm has spent most of his career in retail, which he describes as a fast-paced and constantly changing environment, a valuable perspective he brings to his new role leading AZ-MediQuip.
“Consumer needs continue to evolve and change,” said Hamm, who recently became CEO of Scottsdale, Ariz.-based AZ MediQuip. “Certainly, what they are looking at, and how they get access to information and products – to me that’s a fun puzzle to...
ACHC publishes new analysis of quality review
January 19, 2023HME News Staff
CARY, N.C. – The Accreditation Commission for Health Care (ACHC) has published new quality review analyses in its publication the Surveyor.
The special reports include key insights and deficiencies from 2022 survey data, covering a wide range of health care environments from ambulatory surgery centers to home care agencies and sleep labs, among others. These resources help organizations benchmark performance against their peers to proactively address common issues as part of continuous...