Archive: April 2026
Resmed cites momentum, continued progress in Q3
April 30, 2026HME News Staff
SAN DIEGO – Resmed reported revenue increased by 11% to $1.4 billion for the third quarter fiscal year 2026.
Other financial results:
GAAP gross margin up 290 bps to 62.2%; non-GAAP gross margin up 290 bps to 62.8%
GAAP income from operations increased 17%; non-GAAP income from operations up 18%
GAAP diluted earnings per share of $2.74; non-GAAP diluted earnings per share of $2.86
Operating cash...
Option Care reports ‘mixed’ Q1
April 30, 2026HME News Staff
BANNOCKBURN, Ill. – Option Care Health reported net revenue of $1.350 billion for the first quarter ended March 31, 2026, an increase of 1.3% over the same quarter in 2025.
The company also reported:
GAAP Net income of $45.3 million, down 3.0%
GAAP diluted earnings per share of $0.29, up 3.6%
Adjusted EBITDA of $104.8 million, down 6.3%
Adjusted diluted earnings per share of $0.40, flat to the first quarter of 2025
Cash used in operating activities of $12.1 million
Repurchased...
NHIA conference draws record crowd, honors leading professionals
April 30, 2026HME News Staff
ALEXANDRIA, Va. – The recent 2026 National Home Infusion Association Annual Conference drew record attendance with more than 1,700 industry professionals attending and more than 150 product and service suppliers – including 40 first timers – exhibiting. At the event, the association also presented several awards, including:
The Changemaker Award to Crystal Killian, a recognized patient advocate in the parenteral nutrition community who joined NHIA members on Capitol Hill to...
Gov’t seizes more than $2M from wound care clinic
April 30, 2026HME News Staff
LOS ANGELES – A federal court has granted a request from the United States to seize more than $2 million from a Pasadena-based advanced wound care clinic accused of defrauding Medicare for reimbursements for skin graft substitutes and skin grafts that were never performed on patients, the Justice Department announced April 28. U.S. Magistrate Judge Alicia G. Rosenberg authorized the government’s request to seize up to approximately $2,039,792 from a bank account linked to Expert Wound...
Motion names new people and culture leader
April 30, 2026HME News Staff
TORONTO – Motion, formerly Motion Specialties, has named Amanda Last as director – people and culture. She most recently served as vice president, people and culture, for the Thrifty’s family of brands. “What stood out most to us is Amanda’s approach,” said Sue Gilpin, CEO, Motion. “She leads with empathy and clarity, and has a deep belief in building strong, connected teams. She is passionate about developing leaders, creating inclusive environments, and...
AAHomecare meets with high-level CMS officials
April 30, 2026HME News Staff
WASHINGTON – The leadership at AAHomecare – including providers Josh Marx and David Siegel – met with Centers for Medicare & Medicaid Services (CMS) Administrator Mehmet Oz and Deputy Administrator Kim Brandt recently to discuss strengthening the competitive bidding program and clarifying the moratorium on new supplier enrollments.
AAHomecare stated in a recent bulletin:
Officials have signaled concern for Medicare fraud, waste and abuse and expressed interest in leveraging...
AAHomecare honors Bill Fredericks for legislative advocacy
April 30, 2026HME News Staff
WASHINGTON – AAHomecare has named Bill Fredericks, president and CEO of AllCare Medical Supply, as the recipient of the 2026 Mal Mixon Legislative Award.
Established in 2012, the award honors AAHomecare members who have made exceptional contributions to advancing the home care community’s legislative priorities and who, through their leadership, have inspired others to champion stronger federal policy for the home medical equipment industry.
“Bill’s recognition...
Cardinal Health raises profit growth for Other segment
April 30, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health’s Other segment saw a 31% increase in revenue in the third quarter of fiscal year 2026 to $1.7 billion, driven by growth across the three operating segments, including at-Home Solutions. The company now expects the segment to see profit growth of 36% to 38% for the year.
Other financial results
Overall revenue increased 11% to $60.9 billion.
Third quarter GAAP operating earnings decreased 30% to $509 million and GAAP diluted earnings per share...
Motion expands access to Matia Mobility’s standing mobility platform
April 29, 2026HME News Staff
TORONTO – Motion has a new partnership with Matia Mobility, a Salt Lake City-based company that makes the Tek RMD, an electric lift and standing mobility platform. Through the partnership, Motion will bring the Tek RMD to clients across Canada, combining its clinical expertise and national presence with Matia Mobility’s innovative engineering, the company says. “We are incredibly excited to partner with Matia Mobility to introduce this transformative technology to the Canadian wheelchair...
Medline signs agreement with REHAB Hospital of the Pacific
April 29, 2026HME News Staff
NORTHFIELD, Ill. – Medline has signed a new Prime Vendor agreement with REHAB Hospital of the Pacific, an acute inpatient facility based in Honolulu that provides specialized rehab care to patients across the Hawaii Islands and Pacific Islands regions. With this agreement, REHAB will have access to Medline’s portfolio of medical-surgical products, including Medline-manufactured therapy and rehabilitation products, exam gloves and personal protection equipment, as well as the company’s...