Tag: ResMed
ResMed issues urgent field safety notice
November 21, 2023HME News Staff
SAN DIEGO – ResMed issued an urgent field safety notice to patients on Nov. 20, detailing a potential issue with its masks with magnets interacting with some implants or medical devices.
When a magnet comes close to certain medical implants/devices (less than 6 inches), the company says there is potential for magnetic interference to change:
the function of an implant/medical device
the position of implants made of ferromagnetic material
In...
In brief: Reimbursement relief is in play & ResMed, Inogen shake up exec teams
November 15, 2023HME News Staff
WASHINGTON – Two industry related bills will be considered by the Health Subcommittee today, Nov. 15, according to AAHomecare.
The subcommittee, part of the Energy & Commerce Committee in the U.S. House of Representatives, will consider:
H.R. 5555, a bill that would extend the 75/25 blended Medicare reimbursement rates in non-competitive bidding areas and provide a 90/10 blended rate in bid areas; and
H.R. 5371, a bill that would allow an upgrade within a code for...
ResMed restructures exec team
November 13, 2023HME News Staff
SAN DIEGO – ResMed has implemented a new operating model that adds dedicated leadership in product, revenue and marketing to its global executive team.
“ResMed is the undisputed leader in digital health for respiratory medicine and residential care, and we aspire to make ourselves even more product-led customer-centric, and brand-enhanced,” said Mick Farrell, ResMed’s CEO. “Today, we are making bold changes to ensure these capabilities are directly represented...
ResMed restructures workforce
October 27, 2023Liz Beaulieu, Editor
SAN DIEGO – ResMed has reduced its global workforce by 5%, or about 500 people, to “accelerate profitable growth and power long-term success,” says CEO Mick Farrell.
Reductions are never easy, but “we know we are doing the right thing,” he said during a conference call to discuss the company’s financial results for the first quarter of its fiscal year 2024.
“We have stopped some projects that were not working out as well as we thought,”...
ResMed sees improved funnel
October 27, 2023HME News Staff
SAN DIEGO – ResMed reported revenue of $1.1 billion for the first quarter of fiscal year 2024, a 16% increase.
“ResMed has started fiscal year 2024 with strong revenue growth driven by ongoing patient flow and solid demand across our global sleep and respiratory care markets, alongside increasing adoption of our outside hospital software solutions,” said Mick Farrell, ResMed’s CEO. “Our ability to meet global demand with technologies, including our best-in-class...
In brief: Sunrise Medical buys, OM integrates, ResMed accelerates
October 4, 2023HME News Staff
FRESNO, Calif. – Sunrise Medical has acquired Ride Designs, significantly expanding the company’s custom seating offerings, clinical expertise and service capabilities.
Denver-based Ride Designs, which was founded in 1998 by Tom Hetzel and Joe Bieganek, has built a name for itself for designing and delivering highly specialized seating systems for wheelchairs using the most up-to-date technologies, including 3D printing.
“By joining forces with Ride Designs,...
Nyxoah, ResMed partner in Germany to accelerate sleep therapy
October 2, 2023HME News Staff
MOUNT SAINT GUIBERT, Belgium – Nyxoah, a med tech company focused on the development and commercialization of innovative solutions to treat obstructive sleep apnea, has announced a partnership with ResMed Germany to increase awareness and therapy penetration in the German market.
The companies will establish a continuum of care that will educate and guide OSA patients in the German market from diagnosis through treatment.
"It is our joint goal to enable more patients to receive...
Purchase mix will shift when Philips re-enters market, survey finds
September 18, 2023HME News Staff
NEW YORK – ResMed will likely lose CPAP device market share when Philips re-enters the market, according to the 3Q23 HME Sleep and Oxygen Survey from Needham.
Respondents to the survey indicated that if Philips re-entered the market and had unconstrained supply, they would return to purchasing 26% of their pre-recall CPAP device volume from Philips, though that’s down from 32% in a prior survey.
Additionally, when Philips re-enters the market, 8% of respondents...
ResMed steps into diagnostics
September 8, 2023Liz Beaulieu, Editor
SAN DIEGO – ResMed’s recent acquisition of Somnoware, a sleep management software for physicians and sleep and pulmonary function labs, adds another “critical” tool to the company’s product portfolio, says Lucile Blaise.
Here’s what Blaise, president, Sleep & Respiratory Care, had to say about how Somnoware’s software advances ResMed’s efforts to connect the health care ecosystem, driving greater efficiencies for all providers.
HME...
In brief: ResMed delays, AAH & CRT surveys, WellSky investment
August 25, 2023HME News Staff
SAN DIEGO – ResMed initiated an over-the-air update to its AirSense 11 devices on Aug. 23 to reduce the delay of patient therapy data into myAir and AirView and, ultimately, resolve transmission issues, according to an update posted to its website.
The company expects data to be available nightly in myAir and AirView within two weeks.
“While some patients may already be able to view their most recent therapy data in myAir, the process of restoring regular data updates...