Also Noted

AUGUSTA, Maine – AAHomecare urges providers in Maine to contact their elected officials and ask them to support LD 1184, a bill that would exempt durable medical equipment, breast bumps and mobility equipment from sales tax. The Maine legislature will vote on the bill on Friday, May 10. The vote follows the Appropriations Committee passing the measure by a strong, bipartisan 8-2 margin on May 7. Providers can use AAHomecare’s Voter Voice advocacy tool to send a pre-drafted...

FORT WORTH, Texas – Vertess was recently named the No. 1 lower middle market investment bank for Q1 2024 by Axial, a private deal network serving professionals who own, advise and invest in North American companies. Vertess facilitated three transactions in the quarter:  MyDoc Urgent Care, a multi-location urgent care center based in Pennsylvania, was acquired by MyTown Health Partners, a comprehensive practice management services organization recently formed by Webster Equity...

ALEXANDRIA, Va. – The NCPA Foundation has named Sonja Pagniano, CFRE, as its new executive director. Her responsibilities will include leading the foundation’s strategic growth and the successful implementation of its fundraising campaigns, marketing initiatives and other projects. Pagniano most recently served as the development manager for the Center for Disaster Philanthropy, which helps donors maximize their impact on long-term recovery from disasters through expert resources,...

GOLETA, Calif. - Inogen reported total revenue increased 8.1% to $78 million in the first quarter of 2024, primarily driven by higher international and domestic business-to-business sales, partially offset by lower direct-to-consumer sales and rental revenue. We are pleased to be off to a solid start at Inogen in 2024,” said Kevin Smith, president and CEO. “Looking forward, we remain focused on positioning the business for revenue growth, improving our operating discipline to drive long-term...

SAN CARLOS, Calif. – WHILL has expanded its operations in North America, paving the way for the company to exceed its first-quarter goals. In Q1 of 2024, Scootaround powered by WHILL, the company’s rental operations, saw a 13% increase in cruise rentals compared to the previous year and an 81% increase compared to pre-pandemic levels in 2019. The company also enhanced its rental services in Miami and Galveston, Texas, by installing walk-up terminals. This summer, it plans further expansions,...

DUNEDIN, Fla. – One Health Direct has expanded its offerings for its DME partners to include phototherapy products. "We aim to communicate four main points about phototherapy treatment to patients," said Alois Rubenbauer, CEO. "Phototherapy is safer, affordable, works fast, and is often more effective than other treatment options." Following its proven process, OHD will educate and guide potential phototherapy patients through the education and qualification process...

MINNEAPOLIS – Coloplast saw 8% organic growth in its second quarter ended March 31, 2024. Organic growth rates by business area were ostomy care 7%, continence care 8%, advanced wound care 8% and interventional urology 5%. “We deliver a solid second quarter with 8% organic growth and an EBIT margin of 27%, which is in line with our financial guidance,” said Kristian Villumsen, president and CEO, in an interim financial report. “I would like to highlight a strong Q2 performance...

ROCHESTER, N.Y. - NCART has named Julie Piriano, a veteran of the complex rehab industry, to the newly created position of senior director of payer relations & regulatory affairs. Her role is to ensure all payers and insurers follow policy and cover required equipment and services. “NCART and our members are excited to have Julie join in this important new role,” said Wayne Grau, executive director of NCART. “Her experience working with a variety of stakeholders, including government...

FRISCO, Texas – Soleo Health has been named a limited distribution specialty pharmacy partner to dispense RYPLAZIM manufactured by Kedrion Biopharma. RYPLAZIM is the first and only U.S. Food & Drug Administration-approved treatment for supporting the approximately 500 people in the U.S. affected by plasminogen deficiency type 1 (PLGD-1).  "We take pride in being among the few selected specialty pharmacy providers administering RYPLAZIM to PLGD-1 patients,” said Drew Walk, CEO...

DUBLIN, Ohio – Cardinal Health’s at-Home Solutions operating segment, along with two other segments, reported revenue of $1.2 billion for the third quarter of the company's fiscal year 2024, a 14% increase year over year. The “other” segment, which also includes Nuclear and Precision Health Solutions and OptiFreight Logistics, posted a profit of $11 million, a 5% increase, due to the performance of OptiFreight Logistics. Overall, Cardinal Health reported revenue of $54.9...