Vendors

GOLETA, Calif. – Inogen’s board of directors has appointed Nabil Shabshab as president and CEO effective Feb. 8.  Shabshab will replace Scott Wilkinson, who announced that he would be retiring in June last year.  Shabshab will also serve as a Class II director, with a term expiring at the annual stockholders meeting in 2022.  Shabshab, 56, has most recently served as worldwide president of diabetes care and digital health at Becton...

ST. PETERSBURGH, Fla. – Lifestyle Mobility Aids is expanding its footprint beyond Florida and its product portfolio beyond mobility aids with long-time industry exec Doug Francis as its new leader.  The company recently opened a 40,000-square-foot distribution center in Memphis, Tenn., and launched a portable oxygen concentrator in December.  “Memphis opens up distribution to a big piece of the country,” said Francis, president...

AUCKLAND, New Zealand – Fisher & Paykel Healthcare reports operating revenue for the nine months ended Dec. 31, 2020, was up 73% in constant currency compared to the prior comparable period.  In the hospital product group, operating revenue was up 113%, with hardware growing 446% and consumables growing 54%.  “In many parts of the world, we have continued to see an influx of COVID-19 patients requiring hospitalization for respiratory treatment,” said Lewis Gradon,...

BALTIMORE – The founders of OxyGEN will use their recent prize money to turn their prototype portable oxygen concentrator into an actual product.  Jessica Dakkak, Jonathan Smith and Wilson Tang were recently named the winners of an Innovation Challenge hosted by Three Lakes Foundation and MATTER for their POC combining high-flow ambient air with pulses of concentrated oxygen to provide more efficient...

CAESAREA, Israel – Digital health company Itamar Medical plans to buy San Francisco-based Spry Health, which makes a wrist-based remote monitoring solution.  Spry’s Loop System, a watch-like, home-based device, uses sensing technologies and algorithms that contextualize real-time, continuous physiologic data to flag signs of patient deterioration using bio-markers such as SpO2, respiration rate and heart rate. These three signals, combined...

SAN DIEGO – ResMed has ended its three-year foray into the portable oxygen concentrator market due to “market conditions.”  The company says payers and HME providers are relying less on POCs for Stage 2 and Stage 3 COPD patients, dampening demand for the devices.  “ResMed has determined that it can successfully execute its respiratory care strategy and provide the most benefits to patients, HMEs, clinicians and all other stakeholders by reinvesting its...

EDEN PRAIRIE, Minn., and NASHVILLE, Tenn. – Optum, a division of UnitedHealth Group, and Change Healthcare have agreed to merge, combining two technology companies focused on serving health care.  Optum is a diversified health services company; Change Healthcare is a health care technology provider. Together, they will provide software and data analytics, technology-enabled services and research, advisory and revenue cycle management offerings.  “Together we...

WINTER HAVEN, Fla. – Katherine Royster, 3B Medical’s new vice president of sales and marketing, always has cost top of mind from her years working on the provider side of the HME industry. “I’m always framing things in terms of what something costs the HME provider,” said Royster, who previously worked for Classic SleepCare in California, now part of AdaptHealth. “I always have that questioning voice, ‘Does it add value?’ Sometimes manufacturers...

BRISBANE, Australia – Oventus Medical’s pivot to telehealth and a home care option has allowed the company to continue growth during the COVID-19 pandemic, says Dr. Chris Hart, CEO.  Due to closures, Oventus Medical has transitioned to online or phone conversations to complete the verifications needed for insurance coverage and to schedule scan appointments for its O2Vent Optima oral device.   “Out of adversity comes...

CHICAGO – Three Lakes Foundation and MATTER have named OxyGEN as the first-place winner in their Innovation Challenge to accelerate new solutions in diagnosing, treating and managing pulmonary fibrosis.  OxyGEN, a med-tech venture out of Johns Hopkins University in Baltimore, has produced a POC that tracks, monitors and automatically adjusts the oxygen level for each patient, improving mobility and quality of life. OxyGEN, along with three other winners, will receive...