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POC

Inogen posts big increases, despite seasonally slow quarter

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05/01/2018

GOLETA, Calif. – Inogen on Monday reported total revenues of $79.1 million for the first quarter of 2018, a 50.6% increase compared to the same period in 2017. It reported a net income of $10.8 million vs. $5.8 million.

CAIRE achieves accreditation, goes direct with certain products

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03/23/2018

BALL GROUND, Ga. – CAIRE has achieved accreditation with the Accreditation Commission for Health Care (ACHA), the manufacturer of oxygen therapy devices announced March 23.

Inogen ramps up support for DTC biz

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03/02/2018

GOLETA, Calif. – Inogen’s sales team for its direct-to-consumer business hit a record 263 reps by the end of 2017, an increase of 86 reps compared to 2016, company officials told investors during a Feb. 28 conference call to discuss fourth quarter and year-end financial results.

GCE Healthcare connects Zen-O with Clarity

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03/01/2018

KELLER, Texas – GCE Healthcare has launched Clarity, a secure online platform that allows providers to remotely monitor GCE’s Zen-O portable oxygen concentrators from any Internet-enabled device.

ResMed debuts Mobi

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01/09/2018

SAN FRANCISCO – ResMed has formally introduced its first portable oxygen concentrator to the market. The company says Mobi will be available to U.S. patients through their HME providers later this quarter, and it is pursuing clearance to sell in other countries in 2018.

Agreement increases access to OxyGo POCs

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07/18/2017

COSTA MESA, Calif. – CareCredit will provide financing options for the oxygen patients of nearly 20,000 providers across the country under a new, multi-year agreement with OxyGo. This marks CareCredit’s first foray into the HME industry.

Sleep providers report volume increases, price declines

ResMed, Philips flow generators are neck and neck
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06/20/2017

NEW YORK – Sleep patient volume grew 4.4% in the last 12 months and is expected to grow 5.1% in the next 12 months, according to respondents to the second quarter 2017 HME Sleep and Oxygen Survey conducted by Needham and HME News.

Inogen sees triple-digit increase in net sales

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05/10/2017

GOLETA, Calif. – Inogen reported total revenues of $52.5 million for the first quarter of 2017, an increase of 22% over the same period last year, and net income of $5.9 million, a 135.3% increase. “We are off to a solid start to 2017,” said Scott Wilkinson, CEO.

Inogen rides POC wave

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03/01/2017

GOLETA, Calif. – Inogen on Feb. 23 reported total revenue of $50.9 million for the fourth quarter of 2016, up 25.7% over the same period in 2015. Net income was $5.3 million, a 36.3% increase.

Inogen raises guidance

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11/04/2016

GOLETA, Calif. – Inogen on Nov. 3 reported total revenues of $54.4 million for the third quarter of 2016 compared to $40.8 million for the same period last year, a 33.5% increase. It reported net income of $3.5 million vs. $2.7 million, a 28.2% increase.

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