Vendors
McKesson to spin off Medical-Surgical Solutions segment, focus on high-growth oncology and biopharma markets
June 3, 2025HME News Staff
IRVING, Texas – McKesson Corp. has announced plans to separate its Medical-Surgical Solutions segment into an independent company.
This strategic move is aimed at sharpening McKesson’s focus on higher-growth, higher-margin opportunities in Oncology and Biopharma Solutions, aligning with its long-term enterprise strategy.
“Disciplined capital deployment and portfolio management are hallmarks of our strategy,” said Brian Tyler, CEO of McKesson. “This separation...
Philips: ‘Masks remain one of the most important aspects in adherence’
June 2, 2025Liz Beaulieu, Editor
CAMBRIDGE, Mass. – Philips officials highlighted the performance of the company's mask business in a recent earnings call. We asked Rahul Gundala, business lead, patient interfaces, Sleep & Respiratory Care, to elaborate on how, especially in the U.S., this product category has helped keep the company connected to HME providers as it works through a consent decree related to its CPAP devices.
HME News: What are the company's newest mask offerings? On a recent earnings call,...
F&P sees mask biz settling after new product boost
May 30, 2025Liz Beaulieu, Editor
AUCKLAND, New Zealand – Fisher & Paykel Healthcare saw revenue for its CPAP masks slow in the second half of its fiscal year 2025, after the launch of its Solo range resulted in “strong” revenue in the first half.
The company reported revenue for masks was up 9% in constant currency terms for the second half vs. 14% for the first half.
“So, in the first half, we had the Solo range hit the United States, so we think of it as a new product introduction boost,”...
Tariffs update: Manufacturers hold steady
May 28, 2025Liz Beaulieu, Editor
YARMOUTH, Maine – HME manufacturers say they are committed to trying to avoid price increases as they keep a watchful eye on trade negotiations and work through any changes in tariffs.
Manufacturers contacted by HME News in April and May, including React Health, said they have largely avoided increasing their prices so far, due in part to their ability to confirm tariff exemptions for their products.
“Increasing prices, adding surcharges and nickel and diming customers...
F&P hits $2B-plus in revenue for first time
May 28, 2025HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported record total operating revenue of $2.02 billion for the full year ended March 31, 2025, a 16% increase from the prior financial year or 14% in constant currency.
Revenue was driven by broad-based growth in hospital consumables and double-digit growth in masks for treating obstructive sleep apnea, the company says.
“During the 2025 financial year, we stayed focused on the fundamentals of our business, and we...
Permobil promotes Witkowski to CEO
May 21, 2025HME News Staff
NASHVILLE, Tenn. – Permobil has named Chuck Witkowski, who has served as president of Permobil Americas since 2019, as its CEO effective July 1.
Witkowski, who also serves as chairman of the board for the Permobil Foundation, will succeed Bengt Thorsson, who is stepping down after seven years as CEO.
"Under Chuck's leadership, we have seen tremendous growth in North America, and I am confident that his energy and focus on innovation make him the right person to...
Inogen: ‘We feel we’re in a good position’
May 14, 2025Liz Beaulieu, Editor
GOLETA, Calif. – Given the company’s current exemptions, Inogen does not anticipate material impact on its operating plan or financial profile from announced tariffs.
Inogen, which recently announced a distribution agreement with Yuwell in China, believes it’s well positioned to continue executing on its strategic priorities despite these developments.
“However, the situation is dynamic, and we will continue to monitor it closely,” said Kevin Smith,...
Philips works to keep tariff impact in check
May 9, 2025Liz Beaulieu, Editor
AMSTERDAM – Philips expects a net tariff impact of EUR 250 million to EUR 300 million, even as it accelerates substantial mitigation actions, company officials said during a recent conference call to discuss first quarter financial results.
President and CEO Roy Jakobs explained that Philips has taken proactive steps for the past several years to build a more resilient supply chain, including diversifying and regionalizing key operations, especially in China, well ahead of the tariffs...
Cardinal Health juggles business, supply demands in costlier environment
May 9, 2025Liz Beaulieu, Editor
DUBLIN, Ohio – Cardinal Health anticipates roughly $200 million to $300 million in tariff-related costs in fiscal year 2026 before further mitigations, affecting almost exclusively its Global Medical Products and Distribution segment.
The company says its four other segments will be largely unaffected by the tariffs implemented to date by U.S. President Donald Trump.
“Within GMPD, we have been proactive and aggressive in implementing mitigation actions to reduce the...
Inogen: ‘We are making great progress’
May 8, 2025HME News Staff
GOLETA, Calif. – Inogen reported total revenue of $82.3 million for the first quarter of 2025, a 5.5% increase compared to the same period last year, due to higher demand from international and domestic business-to-business customers.
The company reported a net loss of $6.2 million compared to a net loss of $14.6 million.
“Inogen’s strong first quarter financial results underscore our success in driving improved commercial and operational execution,” said...