Skip to Content

Tag: Ottobock


Also Noted

Stealth brings back Ottobock supports

September 25, 2018HME News Staff

BURNET, Texas - Stealth Products has become the exclusive distributor in North America for a range of upper extremity supports from Ottobock. The move brings the products back to the North American market. “When we learned about the discontinuation of the Ottobock line of upper extremity supports in our market, we knew these options would fit nicely into the Stealth solutions portfolio,” said Lorenzo Romero, president of Stealth Products. “We didn't want to just add a similar product...

complex rehab, distribution, Ottobock, Stealth Products, supports


Read Full Articlered right arrow icon

News

In brief: Azar willing to work on HME, Permobil buys part of Ottobock

January 12, 2018HME News Staff

WASHINGTON - Alex Azar, the nominee for secretary of the Department of Health and Human Services, has verbally agreed to work with congressional leaders to address issues that are negatively impacting the HME industry.During a Senate confirmation hearing on Jan. 9, Sen. John Thune, R-S.D., asked Azar if he would work with the Office of Management and Budget to “quickly approve” an interim final rule that would provide relief from Medicare's competitive bidding program in non-bid areas....

Alex Azar, Merits Health, nrrts, Numotion, Ottobock, SoClean


Read Full Articlered right arrow icon

Vendors

Permobil further expands custom seating biz

January 11, 2018HME News Staff

LEBANON, Tenn. - Permobil will acquire the business assets of OBSS and NUTEC, Ottobock's custom seating businesses, it announced Jan. 10.The deal will further expand Permobil's offering in the seating and positioning market in the U.S. and Canada, company officials say.“We see tremendous potential in custom seating to improve health outcomes and achieve clinical objectives for individuals with complex needs,” says Tom Borcherding, president of Permobil Seating and Positioning.Complementing...

custom seating, Ottobock, permobil


Read Full Articlered right arrow icon

Also Noted

Ottobock to partner with para-athletes

January 11, 2018HME News Staff

LOUISVILLE, Ky. - Ottobock will provide equipment to para-athletes at the 2018 Winter Paralympics in Pyeongchang and the Gold Coast 2018 Commonwealth Games, it announced today. “Our team of experts incorporating orthotics and prosthetics professionals, wheelchair technicians and welders, will be available to repair and service prostheses, orthoses and wheelchairs so the athletes can concentrate fully on their performance in the competition,” said Thomas Much, Ottobock managing director,...

Ottobock, Paralympic Games


Read Full Articlered right arrow icon

News

In brief: Senate letter approaches deadline, Brightree beefs up resupply management solution

July 7, 2017HME News Staff

WASHINGTON - HME stakeholders have until Tuesday, July 11, to collect signatures for a letter from Sens. John Thune, R-S.D., and Heidi Heitkamp, D-N.D., asking HHS Secretary Tom Price to use his regulatory authority to provide relief from competitive bidding in rural areas. At press time on Friday, 14 senators had signed the letter. A similar letter in the House of Representatives drew 154 signatures. As proof that the letters have an impact, CMS announced June 23 that it would no longer apply bid-related...

Airway Oxygen, AllCall Connect, Brightree, Circadiance, Graham-Field, Ottobock, Pediatric Home Service


Read Full Articlered right arrow icon

Business Development

O&P: Opportunity for profit?

March 27, 2017John Andrews

The orthotics and prosthetics market is undergoing extensive review by CMS about who should furnish the products and who should qualify for them. It could mean a change in the landscape and HME providers need to consider that, if they are currently working in the field or contemplating adding the category to their business mix.The CMS initiatives have been met with both acceptance and pushback. A proposed rule in January that aims to establish qualifications and requirements for certified O&P suppliers...

orthotics and prosthetics, Ottobock


Read Full Articlered right arrow icon

News

In brief: Republicans push through Price's confirmation, reps introduce separate benefit legislation

February 3, 2017HME News Staff

WASHINGTON - The 14 Republican members of the Senate Finance Committee have voted to confirm Rep. Tom Price, R-Ga., as secretary for the Department of Health and Human Services, according to news reports.Price's confirmation now goes to the Senate floor for a full vote.Democrats made headlines on Jan. 31, when they boycotted the vote on Price scheduled to take place at 10 that morning, saying they wanted more time to ask questions about his background. An article in the Wall Street Journal reported...

CCS Medical, complex rehab, Inspired by Drive, Ottobock, Rep. Tom Price


Read Full Articlered right arrow icon

Also Noted

Ottobock draws PE interest

February 1, 2017HME News Staff

DUDERSTADT, Germany - Ottobock has attracted interest from private equity firms, including KKR and CVC, according to Reuters. The firms are looking for a 20% stake in the company core business of making artificial limbs. Ottobock is also drawing interest from buyout firms BC Partners and Advent. The company is targeting PE firms, affluent families and technology funds as potential buyers in a deal it hopes to complete by the end of June, ahead of a planned initial public offering, Reuters reported....

IPO, M&A, o&P, Ottobock, private equity


Read Full Articlered right arrow icon

Also Noted

Ottobock partners with TaiLor Made

January 17, 2017HME News Staff

AUSTIN, Texas, and ORLANDO, Fla. - Ottobock and TaiLor Made Prosthetics have reached an agreement for Ottobock to be the exclusive distributor of the TaiLor Made prosthetic foot globally, starting in the United States. “The TaiLor Made prosthetic foot is a great complement to Ottobock's growing portfolio of prosthetic feet,” said Brad Ruhl, president of U.S. HealthCare for Ottobock. The TaiLor Made prosthetic foot is designed with toe and heel elements that move independently along with...

distribution, Ottobock, prosthetics


Read Full Articlered right arrow icon

Also Noted

New hire to grow new markets at Ottobock

October 11, 2016HME News Staff

AUSTIN, Texas - Ottobock North America has appointed Chris Nolan vice president of the orthotics business unit. He will help lead the company's strategic efforts in O&P and provide guidance into growing new markets. Nolan comes to Ottobock from Endolite, a Miamisburg, Ohio-based company that manufactures lower limb prosthetic feet, knees, ankles, limb systems and liners, where he was vice president and general manager. Before that, he held positions at DJO in Vista, Calif., and Ossur in Foothill...

o&P, Ottobock, people news


Read Full Articlered right arrow icon