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Plaintiff reaches proposed settlement with Invacare

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08/28/2015

NEW YORK – The lead plaintiff in a class action lawsuit against Invacare has reached a proposed settlement of $11 million in cash, according to a statement from lead counsel Bernstein Litowitz Berger & Grossman.

Integration vs. interoperability

'Providers who are not connected in this way will become irrelevant'
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08/25/2015

ATLANTA – Integration and interoperability are both important, but interoperability is the new frontier in health care, says Brightree CEO Dave Cormack.

'Platform cohabitation'

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08/25/2015

Having two or more separate companies joining forces to provide system unification and connectivity services for billing, administrative and clinical functions results in better efficiency, workflow and financial returns, software vendors say.

Pieces fall into place for O2 Concepts

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08/21/2015

OKLAHOMA CITY – It’s turning out to be a banner year for O2 Concepts.

The manufacturer has been around for five years, but it pocketed its first outside investment in July and plans to launch a new POC by 2016.

Drive Medical buys HurryCane

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08/21/2015

PORT WASHINGTON, N.Y. – Drive Medical has entered into an agreement to buy HurryCane from the Marketing Architects portfolio of companies.

Drive Medical believes HurryCane’s brand recognition means a “huge market” for its products.

Inogen predicts growth in sales will stick

One reason: There’s plenty of runway left for growth in the POC market, says President and CEO Ray Huggenberger
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08/14/2015

GOLETA, Calif. – Four moving parts helped Inogen grow domestic business-to-business sales a whopping 80.5% in the second quarter this year compared to the same period last year, making it the company’s fastest growing channel.

ResMed Americas shines in fourth quarter

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07/31/2015

SAN DIEGO – ResMed’s flow generator sales increased 53% and mask sales rebounded to increase 5% in the fourth quarter ended June 30, 2015.

Invacare realigns team

Company appoints Dean Childers to lead North America/HME business segment
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07/31/2015

ELYRIA, Ohio – Invacare is a company in transition, Chairman, President and CEO Matthew Monaghan told investors during a conference call on July 23 to discuss the company’s financial results for the second quarter of 2015.

O2 Concepts lands capital for int’l expansion

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07/30/2015

OKLAHOMA CITY, Okla. – O2 Concepts and BOK Financial Capital, a financial services holding company, have closed on a strategic investment.

A direct line to Quantum Rehab

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07/27/2015

EXETER, Pa. – Quantum Rehab takes feedback so seriously it now has a system in place that allows its field staff to direct comments straight to the company’s corporate headquarters in real time.

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