Tag: InfuSystem Holdings

ROCHESTER HILLS, Mich. – InfuSystem, a provider of infusion pump therapy and other health care services, has acquired FilAMed, a biomedical services company based in Bakersfield, Calif. “The addition of FilAMed broadens and enhances our scope of biomedical services within our DME platform and provides us the opportunity to enter the acute care market,” said Richard DiIorio, CEO.  “Our customers will benefit from a broader range of services, including...

MADISON HEIGHTS, Mich. - With one of its largest competitors changing its offerings in the oncology market, InfuSystem has a chance to pick up significant market share, said CEO Rich Dilorio on a recent earnings call.“The feeling is that most of the customers they had are going to come to our site,” he said. “That should lead to material and sustained growth that's expected to show up in the second half of this year.”InfuSystem reported net revenues of $17.6 million for the...

MADISON HEIGHTS, Mich. - InfuSystem Holdings reported net revenues of $16.7 million for the third quarter of 2018, a 5% decreased compared to the same quarter in 2017. Adjusted EBITDA was $3.3 million, a 15% decrease. “We are making strong progress and gaining traction on our strategic initiatives that we believe will lead to significant oncology market share gains in 2019,” said Richard Dilorio, CEO. “This includes the introduction during the third quarter of InfuSystem Mobile,...

MADISON HEIGHTS, Mich. - InfuSystem Holdings new patient safety app, InfuSystem Mobile, is allowing clinics to connect with their patients like never before.“If the patient has their phone, they're going to have everything they need to know about their infusion right in the palm of their hand,” said David Bonar, director of corporate marketing.Designed to be easy to navigate with as few clicks as possible, the app features automated infusion safety alerts, frequently asked questions,...

MADISON HEIGHTS, Mich. - InfuSystem Holdings has launched InfuSystem Mobile, a patient safety app that connects patients with the infusion provider's products, expertise and registered nurses. Features include automated infusion safety alerts, patient education videos, secure two-way communications and paperless form submission. “InfuSystem Mobile will allow us to engage our patients directly,” said Richard Dilorio, CEO, in a release. “We believe this app represents an important...

MADISON HEIGHTS, Mich. - InfuSystem has shifted its focus from expanding its fleet of infusion pumps to improving collections, and it's starting to pay off, says Gregg Lehman, executive chairman of the board.The infusion provider reported net revenues of $17.6 million for the third quarter of 2017, a 2.1% increase compared to the same period in 2016.“We are making solid progress on our collection efforts,” said Lehman on a recent earnings call. “For the foreseeable future,...

3B Medical has committed to allocating a significant portion of its profits to fund research adult autologous stem cell research for use in treatment of pulmonary fibrosis, diabetes and neurological diseases. "We spend a lot of resources treating the symptoms of diseases, and not enough trying to target the actual causes,” said President Thomas Thayer, Sr., in a release…VGM Insurance Services has partnered with AAHomecare to offer preferred pricing to AAHomecare members. Going forward,...

MADISON HEIGHTS, Mich. - InfuSystem Holdings, a national provider of infusion pumps and related services, has launched InfuSystem EXPRESS at the University of California in San Diego. “EXPRESS securely integrates with UC-San Diego Health System's Epic electronic medical software system to automatically deliver data, improving efficiency, reducing transcription errors, and eliminating insurance paperwork associated with oncology patients going home on our infusion pumps," said CEO Eric...