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Tag: oxygen concentrators


Vendors

Inogen manages expectations for Q4

November 6, 2020Liz Beaulieu, Editor

GOLETA, Calif. - Inogen saw sequential improvements in its financial results from the second to third quarters, but company officials aren't confident that will continue into the fourth quarter due to rising numbers of COVID-19 across the United States and Europe. Inogen reported that total revenues in the third quarter were $74.3 million, a 19% decrease year over year but a 3.7% increase sequentially. Its domestic business-to-business sales were $23.1 million, a 23.5% decrease year over year but...

coronavirus outbreak, Inogen, oxygen concentrators


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Inogen stresses sequential growth

November 5, 2020HME News Staff

GOLETA, Calif. - Inogen reported total revenue of $74.3 million for the third quarter of 2020, a 19.1% decrease from the same period in 2019, primarily due to the impacts of the COVID-19 pandemic. It reported a net income of $1.7 million vs. $6.9 million. “The COVID-19 pandemic has had a significant impact worldwide and on our company in 2020, and it has continued to have a meaningful effect on our business throughout the third quarter due to a significant reduction in patient travel and activity...

Inogen, oxygen concentrators


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WHO warns of oxygen shortage

June 25, 2020HME News Staff

GENEVA, Switzerland - The World Health Organization is warning of a shortage of oxygen concentrators as the number of cases of COVID-19 increases around the globe. The WHO says the world needs about 620,000 cubic meters of oxygen a day—about 88,000 large cylinders—to treat the roughly 1 million new cases being reported worldwide each week, Gasworld reports. “Many countries are now experiencing difficulties in obtaining oxygen concentrators,” said WHO Director General Tedros...

coronavirus outbreak, oxygen concentrators, supply, WHO


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Vendors

Inogen's streak continues

November 10, 2017Liz Beaulieu, Editor

GOLETA, Calif. - Despite headwinds from a new CRM system, Inogen's direct-to-consumer channel still recorded an impressive 43.5% increase in sales for the third quarter of 2017.“There has been a learning curve and in spite of that, productivity in Q3 improved versus 2016,” CFO Ali Bauerlein, told investors during a conference call on Nov. 7 to discuss the company's latest financial results. “So we're really proud of our sales team's ability to hire and train personnel.”Inogen...

Ali Bauerlein, Inogen, oxygen concentrators


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Caire: You can depend on us

September 22, 2017Theresa Flaherty, Managing Editor

BALL GROUND, Ga. - Caire, a manufacturer of oxygen concentrators, has launched a new website, www.cairemedical.com, with new branding and content. The website features messaging that encourages end users to improve their health by adhering to their oxygen therapy. It also features expanded educational materials, including FAQs on oxygen therapy and links to resources from premier health organizations. “We want our customers who have been prescribed oxygen therapy to connect with us as a company...

Caire, oxygen concentrators, oxygen therapy


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Inogen's B2B sales 'stronger than anticipated'

May 15, 2015Liz Beaulieu, Editor

GOLETA, Calif. - Say what you will about Inogen's direct-to-consumer business model—it's the business-to-business segment that continued to lead the company's growth in the first quarter of 2015.Inogen reported a 70.7% increase in business-to-business sales for the first quarter this year compared to the same period last year, “stronger than anticipated growth,” said Ray Huggenberger, CEO, during a conference call to discuss the company's latest financial results.“We believe...

Inogen, oxygen concentrators, Ray Huggenberger


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Inogen delays earnings

March 12, 2015HME News Staff

GOLETA, Calif. - Inogen will not report its fourth quarter and year end earnings today as planned due to an internal investigation of its accounting practices.Management discovered “certain potential accounting matters” during the first quarter of 2015, prompting an Audit Committee, with help from independent advisers, to launch an internal investigation.“The Audit Committee is investigating whether there were any violations of the company's accounting policies associated with these...

earnings, Inogen, oxygen concentrators


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Inogen reports big gains, improves outlook

August 15, 2014Liz Beaulieu, Editor

GOLETA, Calif. - Inogen's focus on direct-to-consumer sales is paying off, CEO Ray Huggenberger says.The company has enjoyed double-digit increases in total revenues for two quarters in a row now: 50.8% for the second quarter ended June 30, 2014, and 50.1% for the first quarter ended March 31, 2014.“We made a shift in focus starting at the beginning of this year to focus more on cash sales,” Huggenberger said during a conference call last week to discuss Inogen's financial results for...

Inogen, oxygen concentrators, Ray Huggenberger


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Portable concentrators shake up oxygen industry

August 15, 2013HME News Staff

DUBLIN - Innovations in portable oxygen concentrator technology are revolutionizing the industry, moving it beyond large, stationary concentrators and cumbersome portables toward smaller machines, according to Wintergreen Research, Inc. The market for oxygen concentrators—at $242.5 million in 2012—is expected to reach $1.9 billion by 2019, it said. That growth is due to new competitors and increased demand for the new smaller, lighter concentrators, which are also becoming less expensive,...

Oxygen, oxygen concentrators


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DeVilbiss offers webinar lineup

June 20, 2013HME News Staff

SOMERSET, Pa. - The DeVilbiss clinical education team has created a lineup of live webinars in which providers can earn continuing education credits (CEUs), according to a press release. The webinars have been pre-approved through the American Association for Respiratory Care (AARC) and the Canadian Society of Respiratory Therapists (CSRT) so sleep technologists and respiratory therapists can earn the professional credits. The lineup includes sessions on choosing the right oxygen system for...

cpap, DeVilbiss, dme, hme, oxygen concentrators, respiratory products, sleep disorders


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