Tag: O2 Concepts

WATERLOO, Iowa – VGM & Associates has signed a new vendor agreement with O2 Concepts. "Embracing progress, we proudly expand the VGM Respiratory portfolio with the addition of O2 Concepts,” said Boone Lockard, director of VGM Respiratory. “With O2 Concepts’ innovative POC portfolio and revolutionary DNA platform, we enhance our ability to meet the evolving needs of VGM members and patients. This partnership is a step forward in our commitment to delivering exceptional respiratory...

NEWTOWN, Conn. - O2 Concepts has expanded its U.S. sales team with the hire of Ken Abriola as president of domestic sales and with the promotion of John Lewis to national sales director. Abriola, who will manage all U.S. sales, was most recently manager of Fukuda Denshi's U.S. sales and marketing. He has also held positions with Drager, Toshiba and Spacelabs. Lewis, who will focus on large accounts and national growth strategies, was previously the southeast regional manager for O2 Concepts.

WASHINGTON - Respiratory stakeholders have begun work to develop outcomes-based care models. Earlier this year, AAHomecare distributed a survey to respiratory stakeholders, exploring the possibility of developing a new payment methodology focusing on chronic respiratory management. After obtaining results, AAHomecare HME/Respiratory Therapy Council members and American Association for Respiratory Care executives met to begin to develop basic tenets for a chronic respiratory care model that is patient-focused,...

NEWTOWN, Conn. - O2 Concepts has been named one of the top 50 places to work in southern Connecticut. Employees ranked the company's workplace extremely high in all areas of satisfaction as part of a survey by Hearst Connecticut Newspapers. “We are small enough to be nimble and responsive to customer needs, and everyone else is trying to catch up,” said one employee. O2 Concepts makes the Oxlife Independence Portable Oxygen Concentrator. In response to the award, the company...

NEWTOWN, Conn. - O2 Concepts launched its “DNA technology” in September, but already about half of the manufacturer's HME provider customers are taking advantage of it.The technology allows HME providers to log on to any web-enabled device to access data from a Verizon modem in the manufacturer's portable oxygen concentrators. (DNA stands for dynamic network analysis.)Connected devices are the future of home oxygen therapy, said Rob Kent, CEO of O2 Concepts, which has been working on...

02 Concepts has named Cory Smith CFO. Smith has held leadership positions in finance and information technology for more than a decade, most recently at Endologix, which has gone from a $7 million device maker to a $150 million company�SleepQuest has named Bill Vandervennet as president and CEO. Vandervennet has held healthcare leadership positions for more than 25 years, most recently as COO for URAC, an accrediting organization.

With razor-thin margins an ongoing concern in the reimbursement cut-weary oxygen market, respiratory providers need to find the right resources and strategies to maintain profitability. The solution, manufacturers say, is in supply chain relationships and non-delivery models. “Providers need to partner with manufacturers that can help them lower their operating costs over the long term, without reducing the level of care to their patients,” said Brad Ritt, business development manager...

OKLAHOMA CITY - It's turning out to be a banner year for O2 Concepts. The manufacturer has been around for five years, but it pocketed its first outside investment in July and plans to launch a new POC by 2016. “We're in the middle of launching DNA Technology right now,” said CEO Rob Kent of the software platform that allows HME providers to access usage and other data from a Verizon modem in the company's POC. Currently, O2 Concepts has one flagship product: the...

OKLAHOMA CITY, Okla. - O2 Concepts and BOK Financial Capital, a financial services holding company, have closed on a strategic investment. Proceeds from the investment, the first outside capital that O2 Concepts has raised since launching in 2010, will support international expansion, manufacturing facility enhancements and new product development. “Our partnership with BOK Financial Capital Corporation allows us to accelerate our already impressive rate of growth,” said Rob Kent,...

OKLAHOMA CITY, Okla. - O2 Concepts and BOK Financial Capital, a financial services holding company, have closed on a strategic investment.Proceeds from the investment, the first outside capital that O2 Concepts has raised since launching in 2010, will support international expansion, manufacturing facility enhancements and new product development.“Our partnership with BOK Financial Capital Corporation allows us to accelerate our already impressive rate of growth,” said Rob Kent, president...