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ACU-Serve tackles front of house

by: 
Liz Beaulieu
  - 
08/30/2019
  | 
Vendors

AKRON, Ohio – ACU-Serve can now take on what company officials say is the “hardest job” for HME providers: intake.

F&P upgrades guidance

by: 
HME News Staff
  - 
08/29/2019
  | 
Vendors

IRVINE, Calif. – Fisher & Paykel Healthcare has upgraded its guidance for the financial year ending March 31, 2020, to full operating revenue of about $1.17 billion and net profit after tax of about $245 million to $255 million.

WHILL, Scootaround merge

by: 
HME News Staff
  - 
08/23/2019
  | 
Vendors

SAN FRANCISCO – WHILL, the makers of the Model Ci and Model A personal electric vehicles, and Scootaround, a provider of rental mobility solutions, have merged.

Precision Medical wants users to Live Active

by: 
Liz Beaulieu
  - 
08/16/2019
  | 
Vendors

NORTHHAMPTON, Pa. – Precision Medical will have not only a new portable oxygen concentrator but also a new brand and website some time this fall.

NovaSom files for bankruptcy, seeks sale to VirtuOx

by: 
HME News Staff
  - 
08/15/2019
  | 
Vendors

GLEN BURNIE, Md. – VirtuOx is seeking to acquire the assets of NovaSom, which filed for Chapter 11 bankruptcy Aug. 2.

Inogen targets non-invasive vents

Company sees market poised for ‘disruption’
 by: 
Liz Beaulieu
  - 
08/09/2019
  | 
Vendors

GOLETA, Calif. – Inogen is set to enter the non-invasive ventilator market with its planned acquisition of New Aera for $70.4 million in cash.

Invacare readies to ‘accelerate’

by: 
Liz Beaulieu
  - 
08/09/2019
  | 
Vendors

ELYRIA, Ohio – Invacare reported an adjusted EBITDA of only $5.1 million for the second quarter toward its goal of at least $20 million by the end of 2019, but company officials expect performance to improve in the back half of the year.

Inogen shakes up hiring process for sales reps

by: 
HME News Staff
  - 
08/09/2019
  | 
Vendors

GOLETA, Calif. – Inogen may have posted its first $100 million revenue quarter, but it struggled with sales issues.

Inogen surpasses $100M in revenue

Company also announces plans to acquire manufacturer of portable non-invasive vents
 by: 
HME News Staff
  - 
08/07/2019
  | 
Vendors

GOLETA, Calif. – Inogen reported total revenue of $101.1 million for the second quarter of 2019, a 3.9% increase over the same period in 2018. It’s the first time the company has surpassed $100 million in revenue in a single quarter.

Hillrom to enter NIV market

by: 
HME News Staff
  - 
08/07/2019
  | 
Vendors

CHICAGO – Hillrom has entered into a definitive agreement to buy Breathe Technologies, an Irvine, Calif.-based manufacturer of patented, wearable non-invasive ventilators, for $130 million.

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