Tag: Fisher & Paykel Healthcare
Product launches: Pride Mobility, Fisher & Paykel
April 9, 2024HME News Staff
Pride Mobility Products has launched the Go Go Elite Traveller 2 4-Wheel, a scooter that it says has the tightest turning radius of any four-wheel scooter on the market. The scooter features iTurn Technology, offering four-wheel stability with three-wheel maneuverability. It also features interchangeable red and black shrouds that come standard with six additional colors available, two battery options and a weight capacity of 300 pounds and a top speed of 4 mph. FMI: https://www.pridemobility.com/go-go-travel-mobility/go-go-elite-traveller-2-4-wheel/.
Fisher...
F&P Healthcare raises guidance
March 25, 2024HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare has raised its guidance for the financial year ending March 31, 2024, to $1.73 billion in operating revenue and $260 million to $265 million in net profit after tax. The guidance is slightly up from $1.7 billion in operating revenue and $250 million to $260 million in net profit after tax. “In OSA masks, we have continued to see strong performance from our Evora Full mask,” said Lewis Gradon, managing director and CEO. “We...
F&P board chair to retire
March 14, 2024HME News Staff
AUCKLAND, N.Z. – Fisher & Paykel Healthcare’s chairman of the board, Scott St. John, will retire at the close of the company’s annual shareholder’s meeting in August. Current Director Neville Mitchell will succeed St. John, who has held the role since August 2020 and who has been on the board since 2015. Under St. John’s leadership, Fisher & Paykel Healthcare supplied products that helped millions of patients during the pandemic, purchased land for a second New...
F&P reduces guesswork in mask sizing
January 30, 2024HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare has launched a significant upgrade to its F&P myMask App, offering mask selection and sizing in addition to the existing step-by-step education and support video content. Health care professionals can now “select, size and assist” while with a patient or do so remotely via a text invitation to a patient’s smartphone, reducing the time and guesswork associated with traditional sizing, the company says. “This addition...
In brief: Senators’ demands, F&P’s new execs, Belluscura’s green light
December 21, 2023HME News Staff
WASHINGTON – A group of senators has asked CMS to collect and publish more Medicare Advantage data to help lawmakers and regulators better understand the impact of these plans.
AAHomecare provided the following analysis of the group's new letter to CMS Administrator Chiquita Brooks-Lasure:
The senators cite “concerning trends” in Medicare Advantage and point to a 2019 HHS OIG study that “found that among requests MA plans denied, 13% of prior...
Fisher & Paykel makes executive changes
December 20, 2023HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare has named Justin Callahan vice president, sales & marketing. Callahan, currently the company’s president – North America & Europe, replaces Paul Shearer, who is retiring. “Justin has had an impressive track record over more than 25 years and during his tenure has helped deliver significant revenue and earnings growth in our North American business,” said Lewis Gradon, managing director and CEO. “He is well respected...
F&P reports 28% increase in mask revenue
December 1, 2023Liz Beaulieu, Editor
AUCKLAND, New Zealand – Fisher & Paykel Healthcare continues to post solid results for its Homecare Product Group, buoyed by masks and accessories for sleep apnea, but CEO Lewis Gradon warned that the company faces tougher comps in the second half of its 2024 fiscal year.
The company reported revenue of $314.4 million for the Homecare Product group for the first half of FY24, a 26% increase from the prior comparable period.
“Evora Full was introduced in the U.S. (in...
F&P reports double-digit increase for home care
November 29, 2023HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported revenue of $314.4 million for its Homecare Product Group for the first half of its 2024 financial year, a 26% increase from the prior comparable period.
The company reported revenue for masks and accessories for obstructive sleep apnea increased 28% in constant currency.
“Evora Full has been available in the United States for more than a year, and it continues to see impressive demand and positive customer feedback,”...
F&P announces Walshe to participate in executive program
October 5, 2023HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare has selected Charlotte Walshe to participate in its Future Directors program, effective Jan. 1, 2024. Walshe has more than 20 years of experience across a range of sectors and has held chief executive roles with Jade Software and Dynamic Controls. "Charlotte’s experience and dynamism will be valuable assets," said Scott St. John, board chairman. "She has demonstrated leadership and expertise in both public and private sectors in R&D and...
F&P highlights mask performance in new guidance
September 12, 2023HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare expects operating revenue for the first half of the 2024 financial year, which ends Sept. 30, 2023, to be about $790 million, a 14% increase compared to the same period the previous year.
The company expects net profit after tax to be between $95 million and $105 million.
“For the first four months of the 2024 financial year, revenue from OSA masks was stronger, and revenue from hospital hardware was marginally...