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Parachute Health digitizes DME

‘This puts DME at the cutting edge across post-acute care right now’
 by: 
Liz Beaulieu
  - 
03/30/2018
  | 
Vendors

NEW YORK – Healthcare technology platform Parachute Health has raised $5.5 million on its mission to kill the fax machine for DME orders.

Verrett launches HudsonTree Holdings

by: 
Liz Beaulieu
  - 
03/09/2018
  | 
Vendors

PHILADELPHIA – Cody Verrett, a 21-year veteran of the industry, has started a consulting company called HudsonTree Holdings to help complex rehab manufacturers take their businesses to the next level.

Inogen ramps up support for DTC biz

by: 
Liz Beaulieu
  - 
03/02/2018
  | 
Vendors

GOLETA, Calif. – Inogen’s sales team for its direct-to-consumer business hit a record 263 reps by the end of 2017, an increase of 86 reps compared to 2016, company officials told investors during a Feb. 28 conference call to discuss fourth quarter and year-end financial results.

VGM zeroes in on respiratory

by: 
Liz Beaulieu
  - 
03/02/2018
  | 
Vendors

WATERLOO, Iowa – The VGM Group says it can better serve the 70% of its provider members who provide respiratory products and services now that it has launched a specific program for them.

ResMed highlights ‘positive’ tax changes

by: 
Liz Beaulieu
  - 
02/27/2018
  | 
Vendors

SAN DIEGO – Tax reform recently passed by Congress has “liberated our global cash assets to be able to be invested without artificial constraints,” ResMed CEO Mick Farrell said during a Jan. 22 conference call.

Invacare sums up 2017, sizes up 2018

by: 
Liz Beaulieu
  - 
02/09/2018
  | 
Vendors

ELYRIA, Ohio – Invacare’s net sales and net income were off for the year, but “2017 was a tremendous year of progress,” says Matthew Monaghan.

Hollister Inc. shifts away from wound care

by: 
HME News Staff
  - 
02/05/2018
  | 
Vendors

LIBERTYVILLE, Ill. – Hollister Inc. on Feb. 2 announced its decision to divest portions of its wound care business.

SoClean, so global

‘2018 is all about international expansion,’ says CEO Robert Wilkins
 by: 
Liz Beaulieu
  - 
02/02/2018
  | 
Vendors

OXFORD, Mass. – SoClean and its CPAP cleaning and sanitizing device have a new majority controller.

DW Healthcare Partners, a healthcare-focused private equity firm based in Toronto, now owns a little more than 50% of the company.

Increased awareness buoys ResMed’s growth

by: 
Liz Beaulieu
  - 
01/26/2018
  | 
Vendors

SAN DIEGO – ResMed posted double-digit growth across the device and mask product categories for the second quarter of fiscal year 2018.

Rent vs. buy: Trace Medical expands coverage

by: 
Liz Beaulieu
  - 
01/26/2018
  | 
Vendors

KNOXVILLE, Tenn. – Trace Medical now rents ventilators to HME providers across the country.

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