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Tag: Oxygen Concentrators


Vendors

Popularity of EVs squeezes access to compound used in concentrators 

January 25, 2023HME News Staff

BOULDER, Colo. – As the demand for electric vehicles has grown, the price of lithium, which, when combined with zeolite, allows oxygen concentrators to generate oxygen at purity levels of 90% or higher, is experiencing significant increases, according to a bulletin from Quality Biomedical.  Lithium is a key component of the batteries used in EVs and certain sieve beds of oxygen concentrators.  “As the demand for EVs has increased, the price of lithium is experiencing significant...

Oxygen Concentrators, Quality Biomedical


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Providers see Invacare’s exit as another limitation 

Providers

Providers see Invacare’s exit as another limitation 

December 9, 2022Theresa Flaherty, Managing Editor

YARMOUTH, Maine – In a year in which supply chain challenges and a major recall have brought challenge after challenge for HME providers, the news that Invacare is pulling out of the respiratory market has left some worried about a new hurdle in obtaining equipment.  “It’s been a rough year,” said Todd Flesch, co-founder of the Charlotte, N.C.-based Portable Oxygen Solutions. “I don’t know that there’s one company out there currently that can pick...

HomeFill, Invacare, Oxygen Concentrators


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Also Noted

CAIRE expands portfolio in Latin America

May 2, 2022HME News Staff

BALL GROUND, Ga. – CAIRE expects to make its Companion 5 and NewLife Intensity 10 stationary oxygen concentrators available in Latin America in July, following anticipated approval by the Brazilian Health Regularity Agency (Anvisa). “During the past two years, the COVID-19 pandemic oxygen shortages throughout South America have underscored the need to expand CAIRE’s portfolio of equipment available to providers to serve patients prescribed oxygen as they are discharged from the...

Caire, Latin America, Oxygen Concentrators


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News

CQRC warns of possible access issues

March 18, 2022HME News Staff

WASHINGTON – Patient access to in-home respiratory care may be negatively impacted if a shortage in semiconductor chips is not addressed, warns the Council for Council for Quality Respiratory Care.  In a March 15 letter to Health and Human Services Secretary Xavier Becerra and U.S. Department of Commerce Secretary Gina Raimondo, CQRC and nine other respiratory care stakeholders urge the administration to use its authority to help address the shortage of semiconductor chips used in home...

Council for Quality Respiratory Care, Oxygen Concentrators, Respiratory Therapy, semiconductor chips


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On the Editor's Desk

Tug of war on utilization

December 22, 2021Liz Beaulieu, Editor

I got a reminder recently that I’ve been meaning to log into the HME Databank to see the impact of the COVID-19 pandemic on utilization for respiratory equipment, particularly ventilators and oxygen concentrators.  The Databank, if you’re not familiar, is a database of Medicare data on some of the most popular DMEPOS codes. It includes total Medicare spend by code for all the codes included in the competitive bidding program and more. The most recent year for which it has data:...

COVID-19 Pandemic, Medicare utilization, Oxygen Concentrators


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Inogen sees challenges ahead

Vendors

Inogen sees challenges ahead

August 6, 2021HME News Staff

GOLETA, Cailf. – Inogen saw a nice boost in revenue in the second quarter, thanks to increasing consumer confidence and ambulation, but the company expects supply chain constraints to inhibit its ability to meet demand in the second half of 2021.  The company expects total revenue for the second half to be lower than the first half of the year, and it expects net losses for the third and fourth quarters, as well as for the full year.  “We continue to see strong consumer...

Inogen, Nabil Shabshab, Oxygen Concentrators


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Vendors

Inogen sees significant growth in rental revenues 

May 5, 2021HME News Staff

GOLETA, Calif. – Inogen reported total revenues of $86.9 million for the first quarter of 2021, a 1.8% decrease from the same period last year, primarily due to the impacts of the COVID-19 pandemic, the company says.  It reported a net loss of $732,000 vs. a net loss of $1.59 million.  “While the COVID-19 pandemic continued to have an impact on our business in the first quarter of 2021, we saw sequential growth in all four channels, and sequential growth of 17.5%...

Inogen, Nabil Shabshab, Oxygen Concentrators


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Also Noted

Repair Authority responds to surge 

February 25, 2021HME News Staff

STRONGSVILLE, Ohio – Repair Authority in February expanded its headquarters and repair facility in Strongsville, Ohio, as part of its response to the current surge in demand for oxygen concentrators. The company added an additional 10,000 square feet to the facility, bringing it to a total of 35,000 square feet, and installed several new production lines. It’s also hiring additional repair techs. Repair Authority uses the facility to repair oxygen concentrators – portable and stationary...

Oxygen Concentrators, Repair Authority


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Vendors

Inogen’s domestic B2B sales rebound 

February 25, 2021HME News Staff

GOLETA, Calif. – Inogen reported revenue of $74 million for the fourth quarter of 2020, a 6.3% decrease compared to the same period in 2019, but domestic business-to-business sales were $24.2 million, a 17.9% increase.  Rental revenue was $9.4 million, a 71.7% increase, and direct-to-consumer sales were $26.8 million, a 25.2% decrease.  “While the COVID-19 pandemic continued to have a significant effect on our business in the fourth quarter of 2020, primarily...

Inogen, Nabil Shabshab, Oxygen Concentrators


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On the Editor's Desk

Just a start

February 3, 2021Liz Beaulieu, Editor

In the past few months:  A global pandemic has severely stressed the supply of oxygen concentrators, revealing cracks in an HME industry that has been slowly chipped away at by Medicare’s competitive bidding program for 10 years.  CMS has decided not to move forward with the majority of Round 2021 of that program, because the agency didn’t “achieve expected savings,” and therefore – wait for it – the current reduced rates continue to apply.  The...

Advocacy, Competitive Bidding, Coronavirus Outbreak, Lobbying, Oxygen Concentrators, Round 2021


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