Tag: Quality Biomedical
In brief: Invacare layoffs, Philips recall, ResMed exec
May 6, 2022HME News Staff
ELYRIA, Ohio – Invacare is streamlining its operations in the United States, primarily related to headcount reductions, to improve its cost structure, according to a May 4 filing with the U.S. Securities and Exchange Commission.
As a result, the company anticipates annual pre-tax savings of about $2.8 million, with about $1.9 million to be realized in 2022. It will incur restructuring charges of $800,000 and expects to make cash payments in the same amount, primarily related to...
Quality Biomedical taps former Apria exec as advisor
May 4, 2022HME News Staff
BOULDER, Colo. – Quality Biomedical has appointed Jack Baikie to its advisory board. Baikie is a supply chain expert who retired from his post as chief procurement officer at Apria this year. “I am very honored to be asked to serve on Quality Biomedical’s Advisory Board,” said Baikie. “As a senior executive in the home health care industry, I observed the significant differentiation in service and supply chain solutions that Quality Biomedical has developed and deployed,...
In brief: Philips update, Essity expansion, Kubat recognition
December 30, 2021HME News Staff
AMSTERDAM – Philips Respironics has determined that exposure to the level of VOCs identified to date for the first-generation DreamStation devices is not typically anticipated to result in long-term health consequences for patients.
The announcement comes after an assessment by an outside medical panel and Philips and is intended to give healthcare providers the most recent data. Overall guidance for physicians and patients in the recall notification remains unchanged.
At...
Quality Biomedical moves into larger Florida location
December 27, 2021HME News Staff
BOULDER, Colo. – Quality Biomedical, a national provider of respiratory equipment management solutions has moved into a 30,000-square-foot facility in Pinellas Park, Fla., tripling the size of its previous service facility in Largo, Florida. “Our business in Florida continues to grow at an increasing rate” said Jim Worrell, chief commercial officer. “We have added several new OEM partners, including 3B Medical, Dynarex Medical and Rhythm Healthcare, all which require more...
Quality Biomedical promotes Bianca Neri
December 27, 2021HME News Staff
BOULDER, Colo. – Quality Biomedical has promoted Bianca Neri to vice president, sales, where she will oversee a team of regional directors servicing customers in all 50 states. Neri has been with the company for more than five years and is a “natural” to step into the new position, say company execs. “We are thrilled to have her join our senior management team”, said PK Bala, CEO. “She is a true professional and has been an integral part of our significant growth...
In brief: AdaptHealth acquisition, Roche settlement, AAHomecare conference
February 26, 2021HME News Staff
MERION STATION, Pa. – The owner of OxygenWorks, Philomena Baylor, has divested her business to AdaptHealth.
OxygenWorks, based here, is a privately owned, multi-generational company providing a broad spectrum of respiratory equipment and supplies to patients in Pennsylvania, Delaware and New Jersey, according to a press release from the company’s adviser, Central HealthCare Group.
Central HealthCare Group is a Philadelphia-based investment banking firm representing...
Quality Biomedical launches three new programs
February 24, 2021HME News Staff
BOULDER, Colo. – Quality Biomedical has introduced three new programs to help OEMs increase sales, and manage rentals and demo/evaluation units, as well as better control the sale of refurbished products. “Each of these is a problem for OEMs and providers will benefit, as well, when the OEMs offer these programs,” said Jim Worrell, chief commercial officer. The company has introduced a “OEM Rental Management Program” to help manufacturers of respiratory equipment to...
Quality Biomedical launches supply chain program
November 19, 2020HME News Staff
BOULDER, Colo. - Quality Biomedical has developed an integrated supply chain management program for respiratory equipment across its eight warehouse facilities. Critical services available include pick-up and delivery, preventative and corrective maintenance, storage, cleaning, and same-day deployment using its web-based portal, Q-Connect. “Although this program has broad industry appeal in general, the benefits of maintaining and deploying patient-ready equipment via a national network of...
Equipment Maintenance: Know when to scrap it
August 12, 2020Jim Worrell
Q. How do I know when it's time to retire equipment?A. Given the high initial cost, combined with high maintenance costs of respiratory equipment, the decision to repair or retire a specific asset can have a large impact on a company's bottom line. Here are some of the key items to consider when making that decision:1. Age of the equipment: This speaks to both its useful life (in terms of years and operating hours), as well as the depreciation value. With five-year depreciation schedules, the...
Equipment maintenance: Focus on these key metrics
July 9, 2020Jim Worrell
Q. What are the key metrics for respiratory equipment management?A. Most companies serving respiratory patients have hundreds-of-thousands of dollars tied up in their equipment fleet. Proper management of this fleet of ventilators, O2 concentrators, PAP, humidifiers, apnea monitors, etc., can often mean a substantial improvement in operating profits.Of the many metrics involved in respiratory equipment management, which ones are the most important metrics to meaure? Given limited space, let's begin...