Tag: CPAP.com

HOUSTON - Investment firm Cathay Capital and CPAP.com, an e-commerce retailer of sleep apnea equipment, have announced that Jay Steinfeld has joined the company’s board. Steinfeld is well known in the retail industry for building transformational direct-to-consumer e-commerce brands. “Jay’s experience in building e-commerce and retail brands will be key to CPAP.com as we work to evolve and grow the company,” said Johnny Goodman, co-founder and CEO of CPAP.com.  “We're...

FORT WORTH, Texas – MSC Biomedical Services has acquired Repair Authority to form an HME repair service provider that services all 50 states.  In the near term, MSC Biomedical and Repair Authority will continue to operate independently.  “This deal unites two of the oldest and most well-respected HME repair companies in the U.S.,” says Jonathan Hadley, CEO of MSC Biomedical Services. “This acquisition solidifies MSC Biomedical as the definitive market leader...

HOUSTON and NEW YORK – CPAP.com has received a strategic investment from global investment firm Cathay Capital, the company announced today.  CPAP.com will benefit from Cathay Capital’s support as it accelerates its development and strengthens its leadership position in the field of sleep apnea treatment.   “We’re honored to partner with the entire Cathay Capital team to guide us in driving the next phase of our growth,” said Johnny Goodman, co-founder...

YARMOUTH, Maine - People know Craigslist as a place where they can find anything from a used car to a new roommate, but listings for medical devices like CPAP machines are giving HME providers pause.“Patients can do whatever they want with it if it's been converted to purchase, but medical devices shouldn't be sold without a prescription,” says Ron Evans, owner of Phoenix-based Valley Healthcare Group.A new study from researchers at the Minneapolis Veterans Affairs Health Care System...