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F&P Healthcare reports double-digit decreases

November 29, 2022HME News Staff

AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported a 23% decline in operating revenue to $690.6 million for the first half of the 2023 financial year. The company pointed out, however, that this was more than the $670 million guided in an August trading update and a 21% increase on the comparable pre-pandemic period.   “Consistent with what we signaled in August, first half revenue was down on the prior corresponding period, as we lapped significant COVID-19-driven...

Financial Results, Fisher & Paykel Healthcare


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Vendors

CAIRE expands into cardiorespiratory market

November 29, 2022HME News Staff

BALL GROUND, Ga. – CAIRE, a subsidiary of NGK Spark Plug, has announced its plans to acquire St. Paul, Minn.-based MGC Diagnostics Holdings. MGC designs, develops, manufactures and markets non-invasive cardiorespiratory diagnostic systems, accessories and consumables for the detection, classification and management of cardiorespiratory disease. “CAIRE is firmly committed to driving future growth by expanding our offerings in the clinical setting to better serve those individuals...

Caire, cardiorespiratory


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Also Noted

HME Woman of the Year finalists named 

November 29, 2022HME News Staff

WATERLOO, Iowa – VGM Group has announced the finalists for the HME Woman of the Year: Sherry Krug, vice president of Binson’s Medical Equipment & Supplies; Dalia Morales, ATP, director of compliance, HR, and complex rehab technology at Respiratory and Medical Homecare Unlimited.; Sheila Roberson, chief compliance officer of Great Elm Healthcare; and Erin Weiman, CEO and owner/operator of Nunn’s Home Medical Equipment. VGM received nearly 50 nominations for the award this year. “These...

HME Woman of The Year, vgm group


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Also Noted

VGM Gov’t Relations: Help us determine priorities

November 29, 2022HME News Staff

WATERLOO, Iowa – VGM Government Relations has launched a survey to help it determine where to focus its efforts in 2023. During a recent State Leaders Summit hosted by VGM, a group of state and regional association leaders came up with the following top issues: improved reimbursement, audit relief, MCO/Medicaid accountability, among others. VGM is asking providers to prioritize these issues and add others. “We want to hear from you,” it stated in an update. “VGM Government...

VGM Government Relations


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Also Noted

Quality Biomedical launches new technology 

November 29, 2022HME News Staff

BOULDER, Colo. – Quality Biomedical has launched QTags, a QR code label that’s integrated with the company’s management platform QConnect, to help its provider customers better track equipment. “Customers often commented about the time required to generate RMAs, and their ability to accurately track the equipment they sent for service and received back after service” said Jim Worrell, chief commercial officer of Quality Biomedical. “We listened to those concerns...

QR code, Quality Biomedical, Repair


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Vendors

Philips updates complaint count 

November 28, 2022HME News Staff

AMSTERDAM – Philips Respironics filed an additional 70,000 medical device reports (MDRs) with the U.S. Food and Drug Administration between April 2022 and October 2022, the company stated in a Nov. 22 update on its recall of certain CPAP, BiPAP and mechanical ventilator devices.  The vast majority of the 90,000 MDRs filed since April 2021 are alleged technical malfunctions that do not involve serious injury, the company stated.   “It is important to note that the submission...

Complaints, MDRs, medical device reports, Philips Respironics


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Also Noted

OxyGo launches sleep line 

November 28, 2022HME News Staff

ORLANDO, Fla. – OxyGo, a supplier of portable oxygen concentrators, has launched a new sleep line. OxyGo SLEEP offers a full line of products, including CPAP and BPAP devices, travel batteries, sanitizers and accessories, as well as a web-based compliance portal for managing patient devices. “Launching a portal that will allow providers to communicate stats and share data with other health care professionals is key to making the user experience better for both sleep providers and patients,”...

CPAP Devices, OxyGo


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ResMed’s acquisition of MEDIFOX DAN is official 

November 28, 2022HME News Staff

SAN DIEGO and HILDESHEIM, Germany – ResMed has completed its acquisition of MEDIFOX DAN for 958.6 million Euros. MEDIFOX DAN, which is headquartered in Hildesheim, Germany, and employs 700, now operates under its current brand within the ResMed SaaS business segment, which also includes Brightree and MatrixCare. “We’re excited to have closed this important expansion of our SaaS business and to officially welcome MEDIFOX DAN to our ResMed SaaS team and global ResMed family,”...

MEDIFOX DAN, ResMed, software


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Wesper raises $9.6M 

November 28, 2022HME News Staff

NEW YORK – Wesper, the first clinical-grade wireless home sleep lab cleared by the U.S. Food and Drug Administration, has announced a $9.6 million Series A round to accelerate growth and revenue, as well as continue to develop diagnostic sensing technology. Wesper's wireless biometric sensors and algorithms enable at-home medical diagnosis with professional services and ongoing measurement before, during, and after treatment. "Wesper is at the forefront of revolutionizing the sleep industry...

Home Sleep Testing, Wesper


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OIG report on catheters: ‘Where are they getting their information?’

Specialty Providers

OIG report on catheters: ‘Where are they getting their information?’

November 22, 2022Theresa Flaherty, Managing Editor

YARMOUTH, Maine – An Office of Inspector General report “understates” the actual cost of providing catheters, especially given the complexity of both Medicare’s documentation requirements and the needs of patients, say providers.  The report, released in September, found that Medicare payments for intermittent urinary catheters were 3.4 times supplier acquisition costs in fiscal year 2020 and recommended that CMS lower its reimbursement rates.  “I’d...

Aeroflow Urology, catheter report, Catheters, Chris Malcolm, First source catheters, Mica Philips


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