Archive: May 2025
Quipt: ‘Our performance was softer than expected’
May 13, 2025HME News Staff
CINCINNATI – Quipt Home Medical has reported revenue of $57.4 million for the second quarter of 2025 compared to $61.3 million for the same period last year, a 6% decrease.
The company says revenue was impacted by ongoing headwinds from the withdrawal of Medicare Advantage members, following a capitated agreement that went to other providers in the industry, and a disposable supply contract that was not renewed.
On a positive note, the company says it saw improved momentum...
Beyond Accessible debuts
May 13, 2025HME News Staff
SCOTTSDALE, Ariz. - Scott and Lara Vineyard are rebranding from a Mobility Plus franchise to Beyond Accessible. “We’re continuing our mission to improve how individuals access mobility and fall prevention equipment and are expanding our product line to help more people with innovative products,” said Scott Vineyard. Beyond Accessible, which was recently awarded its fifth Best of the Desert Community Choice Award, provides a wide range of products, including scooters, power wheelchairs,...
AASM launches women’s sleep health initiative
May 13, 2025HME News Staff
DARIEN, Ill. - The American Academy of Sleep Medicine has launched a new task force to explore the unique factors that affect how women sleep and identify ways to improve sleep care for women. “Sleep is foundational to health and well-being, and women experience unique challenges that affect their sleep at every life stage – from menstruation and pregnancy to menopause and aging,” said Dr. Suzie Bertisch, chair of the Women’s Sleep Health Task Force. “This initiative...
MK Battery promotes two execs
May 13, 2025HME News Staff
ANAHEIM, Calif. – MK Battery has promoted Walker Rheem (pictured) to executive vice president & general manager. Formerly the company’s vice president of business development, Energy Storage and Stationary Power, he brings nearly 25 years of senior leadership experience in the battery industry to his new position. “Walker’s extensive technical prowess, his drive and energy, and his proven leadership abilities uniquely qualify him to take over the day-to-day management of business...
Össur becomes exclusive bracing sponsor for OAAA
May 13, 2025HME News Staff
IRVINE, Calif. – Össur, a global leader in non-invasive orthopaedic bracing and supports technologies, is increasing its role in supporting health care professionals and patients suffering from osteoarthritis by partnering with the Osteoarthritis Action Alliance (OAAA) as a gold sponsor. Össur’s partnership with OAAA will include providing a comprehensive set of OACareTools to help health care professionals support their OA patients, including the latest clinical guidelines,...
NCPA warns of further strain on indie pharmacies
May 12, 2025HME News Staff
ALEXANDRIA, Va. - The National Community Pharmacists Association, in recent comments to the Department of Commerce, is urging the Trump administration to ensure that any tariffs on the pharmaceutical sector are carefully tailored to avoid further strain on patients and independently owned community and long-term care pharmacies.
The association expressed specific concerns that tariffs could trigger shortages in the near term and force independent pharmacies to absorb higher costs.
“Pharmacies...
Belluscura initiates strategic review
May 12, 2025HME News Staff
LONDON – Belluscura has initiated a strategic review to evaluate a range of options to strengthen its capital position, including potential strategic investment, partnerships and alternative funding structures, following renewed demand for its X-PLOR portable oxygen concentrator in April. “Belluscura remains committed to achieving profitability,” the company stated in a May 9 trading update. “The principal constraint towards achieving this is access to sufficient working capital...
AAH, VGM seek tariff info
May 12, 2025HME News Staff
WASHINGTON – AAHomecare and VGM Group are polling DMEPOS manufacturers and vendor partners about tariffs. “We invite manufacturers and vendor partners to participate in this brief, confidential survey to help us assess the impact of these tariffs on the production and distribution of DME and medical supplies,” the associations state. “Your input will directly support our advocacy efforts to secure tariff exemptions and ensure uninterrupted access to essential healthcare products...
Researchers link OSA, cognitive decline
May 12, 2025HME News Staff
IRVINE, Calif. - Obstructive sleep apnea during the rapid-eye movement stage of sleep is linked to early signs of brain changes that are associated with cognitive decline, according to a new study published in the journal Neurology. Neurobiologists at the University of California, Irvine, suggest in the study that low oxygen levels – known as hypoxemia – during REM sleep, when most memory consolidation occurs, may contribute to injury in regions of the brain regions that are vital for...
InfuSystem positioned for ‘successful year’
May 12, 2025HME News Staff
ROCHESTER HILLS, Mich. - InfuSystem Holdings has reported net revenues of $34.7 million for the first quarter of 2025, a 9% increase compared to the same period last year. Of that, Patient Services net revenue was $20.8 million, a 12% increase, and Device Solutions was $13.9 million, a 4% increase. It reported net loss of $300,000 this year vs. $1.1 million last year. “I’m very pleased to report 2025 is off to an excellent start demonstrating solid growth,” said Richard Dilorio,...