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ResMed debuts Mobi

 - 
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

 - 
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
 - 
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

 - 
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

 - 
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

 - 
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.

Inogen lines up strong 2016

 - 
08/12/2016

GOLETA, Calif. – The second quarter went so well for Inogen that the manufacturer and provider of portable oxygen concentrators has increased its guidance for the year.

Inogen raises revenue guidance

 - 
08/05/2016

GOLETA, Calif. – Inogen has reported double-digit increases in total revenues and net income for the second quarter ended June 30, 2016.

Respironics passes FAA test

 - 
07/22/2016

MURRYSVILLE, Pa. – Philips Respironics announced July 21 that its SimplyGo Mini portable oxygen concentrator conforms to all applicable Federal Aviation Administration requirements for carriage and in-flight use onboard aircraft.

Inogen posts ‘notable’ financial results

 - 
05/10/2016

GOLETA, Cailf. – Inogen reported total revenues of $43 million for the first quarter of 2016, a 27.4% increase over the same period last year. Net income was $2.4 million, a 50.4% increase.

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