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Inogen

In brief: Mum’s still the word at CMS, Drive makes buy

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01/13/2017

WASHINGTON – Industry stakeholders were still waiting for word from CMS at press time on Friday on how the agency plans to retroactively delay a second round of reimbursement cuts in non-competitive bidding areas.

Inogen expects to recoup $2M

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01/10/2017

GOLETA, Calif. – Inogen expects to recoup up to $2 million in rental revenues for the fourth quarter of 2016 as a result of a provision in the recently passed 21st Century Cures Act.

In brief: CMS releases nat’l health expenditures, OIG says two brands dominate mail-order market for diabetes supplies

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12/09/2016

WASHINGTON – Per-capita healthcare spending grew by 5% and overall healthcare spending grew by 5.8% in 2015, according to a recent study by the Office of the Actuary at CMS.

Inogen transitions management, expands board

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12/06/2016

GOLETA, Calif. – Inogen will have a new CEO on March 1. The company announced Dec. 6 that Scott Wilkinson, currently president and COO, will succeed Ray Huggenberger, who is retiring. Wilkinson will also join Inogen’s board of directors effective Jan. 1, 2017.

In brief: CQRC urges passage of bid-delay, Vertess closes three deals

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11/18/2016

WASHINGTON – The Council for Quality Respiratory Care this week urged lawmakers to pass legislation that would delay steep cuts to reimbursement for home oxygen.

Inogen makes list for third time

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11/16/2016

GOLETA, Calif. – Inogen has been named one of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America by Deloitte Technology.

Inogen puts POCs at forefront

Company acknowledges ‘growing pains’ in HME industry, but offers POCs as solution to providing adequate service and achieving financial return
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11/11/2016

GOLETA, Calif. – Inogen’s hybrid approach to the HME industry continues to pay off, with the company yet again posting double-digit increases in revenues and net income for the third quarter of 2016.

Earnings: Invacare reports losses, Inogen raises guidance

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11/04/2016

ELYRIA, Ohio – Invacare on Oct. 31 reported a net loss of $5 million for the third quarter of 2016 compared to $7.8 million for the same period last year. It reported net sales of $268.1 million vs. $283.8 million.

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.

Inogen product gets boost

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08/23/2016

GOLETA, Calif. – Inogen has received approval for its Inogen One G4 portable oxygen concentrator to be used onboard commercial aircrafts, it announced today. The manufacturer also plans to launch the product in its domestic business-to-business channel launch.

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