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In brief: Senate letter approaches deadline, Brightree beefs up resupply management solution

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07/07/2017

WASHINGTON – HME stakeholders have until Tuesday, July 11, to collect signatures for a letter from Sens. John Thune, R-S.D., and Heidi Heitkamp, D-N.D., asking HHS Secretary Tom Price to use his regulatory authority to provide relief from competitive bidding in rural areas.

O&P: Opportunity for profit?

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03/27/2017

The orthotics and prosthetics market is undergoing extensive review by CMS about who should furnish the products and who should qualify for them.

In brief: Republicans push through Price’s confirmation, reps introduce separate benefit legislation

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02/03/2017

WASHINGTON – The 14 Republican members of the Senate Finance Committee have voted to confirm Rep. Tom Price, R-Ga., as secretary for the Department of Health and Human Services, according to news reports.

Ottobock draws PE interest

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02/01/2017

DUDERSTADT, Germany – Ottobock has attracted interest from private equity firms, including KKR and CVC, according to Reuters. The firms are looking for a 20% stake in the company core business of making artificial limbs.

Ottobock partners with TaiLor Made

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01/17/2017

AUSTIN, Texas, and ORLANDO, Fla. – Ottobock and TaiLor Made Prosthetics have reached an agreement for Ottobock to be the exclusive distributor of the TaiLor Made prosthetic foot globally, starting in the United States.

New hire to grow new markets at Ottobock

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10/11/2016

AUSTIN, Texas – Ottobock North America has appointed Chris Nolan vice president of the orthotics business unit. He will help lead the company’s strategic efforts in O&P and provide guidance into growing new markets.

O&P: A challenging but viable market

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03/21/2016

Yes, the orthotics and prosthetics market is under increasing government scrutiny and CMS is proposing archaic practices as a cost-saving solution.

Össur, Ottobock fund research

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01/26/2016

REYKJAVIK, Iceland – Össur and Ottobock have joined forces to fund breakthrough research in mind-controlled prosthetic limbs. The companies have contributed a combined $1 million to the Össur and Ottobock Research Trust Fund at the University of Iceland.

Make pediatrics a relationship-driven biz

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08/25/2015

Perhaps more than any other HME category, pediatrics is more about the patients than the products.

Ottobock makes prosthetics stylish

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06/24/2015

AUSTIN, Texas – Ottobock will partner with UNYQ to provide stylish prosthetics for lower limb amputees. UNYQ uses 3D printing to customize prosthetic fairings, according to a press release. The deal will allow Ottobock to expand its product portfolio.

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