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Tag: Respiratory Therapy


Specialty Providers

Quipt buys Good Night

April 19, 2022HME News Staff

CINCINNATI – Quipt Home Medical has acquired Good Night Medical, a business with operations across seven states, for about $7 million in cash.  The acquisition provides Quipt Home Medical with expansion opportunities into Massachusetts, North Carolina and Texas, where it doesn’t have a presence.  “Good Night Medical strengthens our healthcare network across multiple states, enhancing our national coverage sphere over an area that includes about 5 million COPD sufferers...

CPAP Therapy, Good Night Medical, M&A, Quipt Home Medical, Respiratory Therapy


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Boone Lockard

Also Noted

VGM names Lockard to lead respiratory division

April 12, 2022HME News Staff

WATERLOO, Iowa – VGM & Associates has named Boone Lockard, CRT, as its new director of VGM Respiratory. Lockard, who started his career as a respiratory therapist at Lehan Drugs, has more than 12 years of experience in the DME industry. He also worked on the manufacturer side with Philips Respironics for three years as a key account manager. “I am looking forward to working with the VGM membership on building additional value and navigating challenges in the industry,” said Lockard....

Boone Lockard, Respiratory Therapy, VGM & Associates, VGM Respiratory


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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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Vendors

Philips: Sales were down, orders were up in Q4, 2021

January 24, 2022HME News Staff

AMSTERDAM, the Netherlands – Philips’ comparable sales decreased 32% in the fourth quarter of 2021 for the Connected Care business due, in part, to a double-digit decline in Sleep & Respiratory Care associated with the recall.  For the full year, the Connected Care business recorded a 23% comparable sales decrease.  “Patient well-being is at the heart of everything we do at Philips, and we remain extremely focused on repairing and replacing the devices related to...

Philips earnings, Philips Recall, Respiratory Therapy, Sleep Therapy


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Also Noted

Study: RT home visits can reduce COPD readmissions

January 12, 2022HME News Staff

YARMOUTH, Maine - At-home interventions by a respiratory therapist can reduce hospital readmission rates among patients with COPD, according to a new study published in Respiratory Care. Study authors looked at outcomes in patients enrolled in a respiratory therapist-led COPD Disease Management Program, comparing outcomes of 658 patients who were discharged from five hospitals in the Atlantic Health System with outcomes of 435 patients who were discharged and then enrolled in the management program....

COPD, Readmissions, Respiratory Therapy


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Zach Gantt

Vendors

Encore is NEXUS between respiratory therapy, outcomes

December 17, 2021Liz Beaulieu, Editor

LIVINGSTON, Tenn. – With more than 27,000 patients now managed through NEXUS, Encore Healthcare was able to publish studies in CHEST and other journals recently that show its respiratory therapy management software improves outcomes.  Among the key take-aways from the studies: NEXUS can reduce hospital admissions by about 60% and it can improve medication management by about 41%.  “We’re at a tipping point,” said Zach Gantt,...

Encore Healthcare, Respiratory Therapy, Zach Gantt


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Providers

Quipt acquisition adds new vertical

November 23, 2021HME News Staff

CINCINNATI – Quit Home Medical has executed a non-binding letter of intent to acquire an “arm’s length” private respiratory care company servicing seven states throughout the U.S. reporting unaudited trailing 12-month annual revenues of about $14 million, $1 million in net income and positive adjusted EBITDA.  The acquisition adds a new vertical in long-term care settings, four new states and 165 remote respiratory therapists.  “We continue to strategically...

M&A, Quipt Home Medical, Respiratory Therapy


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Providers

Quipt ramps up in Illinois

November 9, 2021HME News Staff

CINCINNATI – Quipt Home Medical recently acquired a business with operations in Illinois with unaudited trailing 12-month annual revenue of about $2.5 million.  Post-acquisition, Quipt expects an adjusted EBITDA for the acquisition of about $600,000.  “Since July, we have now completed six acquisitions with combined revenues of over $16 million,” said Greg Crawford, chairman and CEO. “Combining these newly acquired entities provides us a pathway to scale into...

M&A, Quipt Home Medical, Respiratory Therapy


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Kelly Grahovac

News

Audits slowly ramp up

July 9, 2021Theresa Flaherty, Managing Editor

WASHINGTON – The DME MACs are moving forward with audits for claims filed after March 2020, when COVID-19 hit the U.S. and certain waivers went into effect, but audit experts don’t anticipate any widespread problems.  Early in the pandemic, CMS temporarily waived several requirements, including coverage criteria, face-to-face requirements and delivery signatures for respiratory equipment.   “The MACs have been easing into audits since last August, even though...

Audits, COVID-19, Respiratory Therapy, waivers


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Also Noted

AARC releases videos to thank RTs

June 24, 2021HME News Staff

IRVING, Texas – The American Association of Respiratory Care has released a series of new videos, “Thank a Respiratory Therapist,” to help increase community awareness of the profession and highlight the essential role RTs have played in patient care during COVID-19 and beyond. “Like many health care professionals working on the front lines of the pandemic, respiratory therapists worked tirelessly and selflessly to help patients everywhere,” said Sheri Tooley, president...

AARC, Respiratory Therapy


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