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PLEASANTON, Calif. – ProSomnus, which makes a CPAP alternative for the treatment of obstructive sleep apnea, has completed a $10 million convertible preferred equity offering led by existing investors Spring Mountain Capital and Cetus Capital. The company will use the new capital to optimize its core business operations and support its strategic growth initiatives as it strives to achieve cash flow breakeven. “The completion of this financing fortifies our balance sheet as we continue...

HOLLYWOOD, Fla. – Sleeplay, an online CPAP store, has announced that its website has received the Health Care Standard of Excellence WebAward from the Web Marketing Association. The website was recognized for its design and user experience. "We are deeply honored to receive the WebAward from the Web Marketing Association,” said Aaron Fuhrman, CEO. “This recognition underscores our commitment to providing a seamless online experience for our customers, enabling them to access the...

IRVINE, Calif. – Ossur has announced that its Empower by Ossur program has earned certified status by HITRUST for information security. The risk-based, two-year certification means the program has met regulatory compliance and industry defined requirements and is appropriately managing risk. “Organizations and programs like Empower by Ossur are continually under pressure to address current and emerging threats and meet complex compliance, information protection and private requirements,”...

ATLANTA – Trella Health, a provider of market intelligence and integrated customer relationship management (CRM) solutions, is expanding its dataset to provide its home medical equipment and infusion customers with deeper visibility into their markets through advanced metrics and analytics. “We’re acting on what our customers have been telling us,” said Pierre Menard, chief technology officer at Trella Health. “While Trella provides a unique and valuable view into HME...

WASHINGTON – The HME industry needs to be “prepared for anything,” stakeholders say, to get reimbursement relief in place for 2024.  Stakeholders converged virtually on Capitol Hill on Sept. 20 as part of AAHomecare’s Washington Legislative Conference to push the DMEPOS Relief Act of 2023 (H.R. 5555), a bill that would provide a 90/10 blended Medicare reimbursement rate for most home medical equipment products in competitive bidding areas for all of 2024 and extend...

LEBANON, Tenn. – Permobil’s acquisition of PDG Mobility not only fills a gap in the company’s portfolio in the Americas for a high-quality tilt-and-recline manual wheelchair but also brings on board a team of experts for further development, says Chuck Witkowski.  “It’s always about the people and their expertise,” said Witkowski, president, Permobil Americas. “The more we learned about the company, the more we felt like they shared our vision of...

FORT WAYNE, Ind. – Elaine Stewart, an ATP, CRTS, for National Seating & Mobility, has been involved in a leadership capacity at NRRTS for about 15 years, working her way up from chair review to past president, so when she says it’s important to be involved, she walks the talk.   Stewart, who, along with Carey Britton, was recently named a Simon Margolis Fellow, talked with HME News about why NRRTS is instrumental to the complex rehab industry and why she thinks the organization’s...

YARMOUTH, Maine – Technology has been on the minds of a lot of people these days. You can’t open the New York Times without seeing yet another article on ChatGPT or AI in general.  The former I find particularly concerning as a writer, not just because I don’t want my words cribbed by some work-shy, wannabe wordsmith, but because I think we’re already becoming less able to think critically and individually, even before we try outsourcing the need to, you know, think.   More...

PLYMOUTH MEETING, Pa. – AdaptHealth and Crispin Teufel have agreed to terminate Teufel’s employment contract.  The company had appointed Teufel as CEO in June, with a start date of Sept. 1, but he was sued in August by former employer Linde, which was seeking to block his appointment for an unspecified time. In the lawsuit, Linde alleged breach of contract, breach of duty of loyalty and misappropriation of trade secrets.   In a filing in late August with the U.S....

NATICK, Mass. – Customatic Technologies is expanding the reach of its Independence Bed through an exclusive distribution agreement with Journey Health & Lifestyle.   Journey will sell the bed on its e-commerce site, as well as through its network of stores, under the UpBed Independence brand.  “Since launching the Independence Bed, we have seen a strong response due to consumer needs and growth from both the home medical equipment and brick-and-mortar furniture categories,”...