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Frans van Houten

Vendors

Philips issues recall

June 14, 2021HME News Staff

AMSTERDAM – Royal Philips has announced, in consultation with regulatory agencies, a voluntary recall notification on certain Bi-Level CPAP, CPAP and mechanical ventilator devices to address identified potential health risks related to the polyester-based polyurethane sound abatement foam component in these devices.  The majority of affected devices within the advised five-year service life are in the first-generation DreamStation product family, the company says.  “We...

CPAP devices, DreamStation, ozone, Philips, recall, sound abatement foam


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New research links untreated OSA, COVID-19 infections

June 14, 2021HME News Staff

SAN DIEGO – People with untreated obstructive sleep apnea were associated with a higher rate of COVID-19 infection than those who received PAP treatment, according to a poster presented by ResMed and Kaiser Permanente during SLEEP 2021, which was held virtually June 10-13.  The data showed a dose-response association of OSA severity on infection rate: Patients with untreated mild OSA had a COVID-19 infection rate of 2%, while patients with severe untreated OSA had a COVID-19 infection...

COVID-19, obstructive sleep apnea, research, ResMed


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Medline takes private investment

June 7, 2021HME News Staff

NORTHFIELD, Ill. – Medline Industries has entered into an agreement to receive a majority investment from a group of private equity firms, including Blackstone, Carlyle Group and Hellman & Friedman, worth a reported $30-plus billion.  Medline, which generated revenues of $17.5 billion in 2020, will use the new resources from the partnership to expand its product offerings, accelerate international expansion and continue to make new infrastructure investments to strengthen its global...

investment, M&A, Medline, private equity


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SoClean wins legal action

June 7, 2021HME News Staff

PETERBOROUGH, N.H. – The U.S. District Court for the Northern District of Illinois recently issued an order in favor of SoClean in its legal action against 861 websites and web stores for allegedly marketing and selling products that are counterfeit and products that infringe on its intellectual property rights.  The court’s order awards damages against the defendants of up to $100,000 each, which SoClean may seize from the defendant’s accounts, including those held with...

CPAP, intellectual property rights, sanitizer, SoClean


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Donna Mosokowski

Vendors

Medline flexes its respiratory portfolio

June 3, 2021Liz Beaulieu, Editor

NORTHFIELD, Ill. – Medline’s acquisition of the Hudson RCI brand of respiratory products improves the company’s supply chain capabilities and grows its presence internationally, says Donna Mosakowski.  Here’s what Mosakowski, vice president of Medline’s Respiratory Division, had to say about how the company’s customers will benefit from the acquisition and what its other investment plans are.  HME News: Why grow the respiratory portfolio through...

Home Respiratory Equipment, Hudson RCI, Medline Industries


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F&P navigates ‘uncertainties

Vendors

F&P navigates ‘uncertainties'

June 3, 2021Liz Beaulieu, Editor

AUCKLAND, New Zealand – Now that COVID-19 hospitalizations are declining in many parts of the world, dampening the demand for certain respiratory products, the big question during Fisher & Paykel Healthcare’s recent earnings call was, what will the company’s fiscal year 2022 look like?   The company reported operating revenue of $1.97 billion for fiscal year 2021, which ended March 31, 2021, an increase of 56% over the previous year or 61% in constant currency, driven by...

Fisher & Paykel Healthcare, Home Respiratory Equipment


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Belluscura lists on London exchange

June 1, 2021HME News Staff

LONDON and PLANO, Texas – Belluscura, a medical device developer focused on lightweight and portable oxygen enrichment technology, has begun trading on the Alternative Investment Market (AIM) on the London Stock Exchange under the ticker symbol BELL.  The company has raised 17.5 million pounds supported by new and existing inventors, and it has a market cap of about 50.96 million pounds.  SPARK Advisory Partners Limited acted as the Belluscura’s sole nominated adviser...

Belluscura, investment, Portable Oxygen Concentrator


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VGM Fulfillment frees up providers

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VGM Fulfillment frees up providers

May 28, 2021Liz Beaulieu, Editor

WATERLOO, Iowa – VGM Fulfillment’s new CPAP Direct to Home Fulfillment Program drew interest from more than a dozen provider members in its first week in May. The program, which ships CPAP devices directly to patients on behalf of providers, is another step by VGM Fulfillment to free up providers to do what they do best: care for patients, says Jeremy Stolz, president. “We started to get more and more requests to do this during the pandemic, when things that were usually handed...

CPAP, VGM Fulfillment


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F&P reports ‘unprecedented result’

May 27, 2021HME News Staff

AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported operating revenue of $1.97 billion for the full year ended March 31, 2021, an increase of 56% over the previous year or 61% in constant currency.  The company reported net profit after tax was $524 million, an increase of 82% or 94% in constant currency.  “The unprecedented result was driven by our Hospital product group, which includes Optiflow and Airvo systems used to deliver nasal...

Coronavirus Outbreak, COVID-19, Fisher & Paykel


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ResMed ‘stands strong’ with India 

May 20, 2021HME News Staff

SAN DIEGO, Calif. – ResMed has shipped more than 8,000 ventilators to hospitals in India since April and plans to ship more in the coming weeks, it says.    “ResMed stands strong with all the people in India as we provide support to mitigate the effects of its latest wave of COVID-19 cases and hospitalizations,” said Justin Leong, Asian and Latin American president. “We continue to work closely with our partners on the ground to gauge demand, and our global...

Coronavirus Outbreak, COVID-19, ResMed


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