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ResMed reports double-digit growth, announces software acquisition

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01/31/2020

SAN DIEGO – ResMed reported net revenues of $736.2 million for the second quarter ended Dec. 31, 2019, compared to $651.1 million for the same period in 2018, a 13% increase.

Invacare at 40: This year is all about technology

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01/24/2020

ELYRIA, Ohio – Invacare, which marks 40 years in business in 2020, is not the company it used to be—and, in many ways, that’s a good thing, company officials say.

ResMed, gov’t finalize settlement

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01/15/2020

WASHINGTON – ResMed has agreed to pay more than $37.5 million to resolve alleged False Claims Act violations for paying kickbacks to DME suppliers, sleep labs and other healthcare providers, the Department of Justice announced today.

2020: The year of automation?

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01/14/2020

ATLANTA – HME providers will dig deeper into automating their businesses in 2020, predicts Brightree’s Rob Boeye.

WellSky on breaking down ‘electronic silos’

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01/14/2020

OVERLAND PARK, Kan. — A new framework for interoperability from WellSky allows its provider customers to better communicate across various patient data exchanges — all electronically.

Inogen cites soft demand, manufacturing challenges in preliminary financial results

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01/14/2020

GOLETA, Calif. – Inogen expects full-year revenue of $361.4 million to $362.4 million, up 0.9% to 1.2% compared to 2018, based on preliminary, unaudited financial data.

Quantum Rehab spotlights different rolls of life

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01/03/2020

DURYEA, Pa. – Quantum Rehab has chosen six Q Roll Models to show how iLevel helps them live their best lives, in a significant expansion of the company’s brand ambassador program.

Virtue Technologies eliminates delivery pain points

‘These providers are flying around the U.S. with very little visibility of what their day entails’
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12/06/2019

MURFREESBORO, Tenn. – A new investment better positions Virtue Technologies to make its platform—which takes an Amazon approach to deliveries, company officials say—available to more providers.

Fisher & Paykel reports growth

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12/03/2019

AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported net profit after tax of $121.2 million for the six months ended Sept. 30, representing 24% growth.

The company reported operating revenue of $570.9 million, representing 12% growth.

Invacare to close facility in Germany

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12/03/2019

ELYRIA, Ohio – Invacare will close its production and distribution facility in Porta Westfalica, Germany, at the end of 2020, a move that will affect about 240 associates, according to a Form 8-K that the company filed with the Securities and Exchange Commission on Nov.

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