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Tag: vents


Vendors

HHS ends vent contracts with Philips, Vyaire, Hamilton

September 2, 2020HME News Staff

AMSTERDAM - Royal Philips announced Monday that it has received notice from the U.S. Department of Health and Human Services that its contract to deliver 43,000 bundled EV300 ventilator configurations through December 2020 has been partially terminated. Philips delivered 12,300 bundled vent configurations to the Strategic National Stockpile by the end of August, but it will no longer supply the remaining 30,700 Philips EV300 vents. “To date, we have delivered on our commitments to HHS,”...

contract, HHS, Philips, vents


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Vendors

GM passes torch to Ventec, after completing order

September 2, 2020HME News Staff

KOKOMO, Ind. - General Motors and Ventec Life Systems delivered its 30,000th V+Pro critical care ventilator to the U.S. Department of Health and Human Services on Aug. 31. The two companies completed the full federal order in just 154 days, completing one vent about every seven minutes. “Our drive to put critical care ventilators into production was fueled by thousands of people at GM, Ventec and our suppliers, who all wanted to do their part to help saves lives during the pandemic,”...

contract, HHS, Ventec, vents


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Specialty Providers

CMS's next step on vents is unclear

August 7, 2020Theresa Flaherty, Managing Editor

WASHINGTON - It was a first step, but CMS has more homework to do before it moves to establish a new national coverage determination for non-invasive positive pressure ventilation, say the members of the Medicare Evidence Development and Coverage Advisory Committee. The members met virtually on July 22 to discuss clinical data to better define COPD patients who could benefit from NIPPV, usage criteria and equipment parameters, say industry stakeholders who listened in on the call. “For me,...

MEDCAC, vents


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Vendors

ResMed sees surge in demand for vents

May 1, 2020Liz Beaulieu, Editor

SAN DIEGO - ResMed generated about $35 million in revenues from a COVID-19 related surge in demand for ventilators in the third quarter of fiscal year 2020, but that represented only 4.5% of the company's $770 million in total revenues in what was a solid quarter.The company says it produced 52,000 invasive and non-invasive ventilators in the quarter, a three-fold increase in production.“Our core underlying business remains robust, over and above that of the ongoing surge of demand,”...

coronavirus outbreak, financial results, ResMed, vents


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Vendors

Philips reports mixed quarterly results

April 21, 2020HME News Staff

AMSTERDAM - Philips reported sales of EUR 4.2 billion for the first quarter, a 2% comparable sales decrease.Income from continuing operations was EUR 42 million, vs. 245 million; and adjusted EBITDA margin was 5.9% of sales vs. 8.8%.“COVID-19 significantly affected our results in this quarter,” said Frans van Houten, CEO. “There was increased demand for our professional healthcare products and solutions, with comparable sales and order intake growth for the Connected Care and Diagnosis...

coronavirus outbreak, financial results, Philips, vents


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News

CMS relents on vents

April 10, 2020Theresa Flaherty, Managing Editor

WASHINGTON - Getting non-invasive vents dropped from Round 2021 of competitive bidding is a big deal but there's a case to be made for delaying the entire program, industry stakeholders say.“That's going to be a three-year stay of execution (for NIV) and I think it was appropriate given the Defense Production Act and the public comments,” said Tom Ryan, president and CEO of AAHomecare. “But we need to get the agency to postpone the program for at least a year.”Round 2021 is...

coronavirus outbreak, Round 2021, vents


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Specialty Providers

Viemed Healthcare increases guidance

April 8, 2020HME News Staff

LAFAYETTE, La. - Viemed Healthcare now expects 2020 net revenues to be about $23.7 million to $23.9 million as a result of increased sales of ventilators.The company is fulfilling ventilation orders in the more severely COVID-19 impacted areas of Louisiana and New York, and anticipates fulfilling a larger amount of orders during the second quarter.“We recognize that being one of the largest home-based ventilator companies in the country puts us in a unique position to help with the current...

guidance, vents, Viemed


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Vendors

Ford, GE step up to produce vents

April 1, 2020HME News Staff

DEARBORN, Mich. - Ford Motor Company, in collaboration with GE Healthcare, will begin producing a third-party ventilator with the goal of producing 50,000 units within 100 days and up to 30,000 a month thereafter as needed.Ford will provide its manufacturing capabilities to scale production, and GE Healthcare will provide clinical expertise and will license the current vent design from Airon Corp., a Melbourne, Fla.-based company specializing in high-tech pneumatic life support products.“The...

coronavirus outbreak, Ford, GE Healthcare, vents


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Vendors

ResMed ramps up production

March 24, 2020HME News Staff

SAN DIEGO - ResMed is looking to double or triple its output of ventilators and increase more than tenfold its production of masks, says CEO Mick Farrell.“As a global leader in respiratory medicine, ResMed stands with the world in the face of the latest coronavirus disease COVID-19 and is ready to help mitigate its effects, helping people breathe while their immune system fights the virus,” he said in a March 23 statement. “More than 7,500 Resmedians are working in over 140 countries...

coronavirus outbreak, ResMed, vents


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News

AAH reports numerous updates on coronavirus and HME

March 24, 2020HME News Staff

WASHINGTON - CMS recently updated its COVID-19 FAQ to include coverage for home oxygen for patients diagnosed with the disease.The agency is currently reviewing the NCDs and LCDs to determine if there are other regulatory barriers that can be removed during this emergency and will provide an update soon, AAHomecare reports.Other developments, according to the association:Performant Recovery, the DMEPOS RAC, is following CMS's COVID-19 emergency guidance and holding off on new audits. Starting March...

aahomecare, audits, coronavirus outbreak, home oxygen, vents


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