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NovaSom files for bankruptcy, seeks sale to VirtuOx

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08/15/2019

GLEN BURNIE, Md. – VirtuOx is seeking to acquire the assets of NovaSom, which filed for Chapter 11 bankruptcy Aug. 2.

Cape Medical acquires sleep division of Enos Home Medical

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08/14/2019

SANDWICH, Mass. – Cape Medical Supply has acquired the sleep therapy assets of New Bedford, Mass.-based Enos Home Medical.

Inogen targets non-invasive vents

Company sees market poised for ‘disruption’
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08/09/2019

GOLETA, Calif. – Inogen is set to enter the non-invasive ventilator market with its planned acquisition of New Aera for $70.4 million in cash.

Invacare readies to ‘accelerate’

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08/09/2019

ELYRIA, Ohio – Invacare reported an adjusted EBITDA of only $5.1 million for the second quarter toward its goal of at least $20 million by the end of 2019, but company officials expect performance to improve in the back half of the year.

Inogen shakes up hiring process for sales reps

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08/09/2019

GOLETA, Calif. – Inogen may have posted its first $100 million revenue quarter, but it struggled with sales issues.

In brief: Hillrom to buy Breathe Technologies; Option Care, BioScrip complete merger

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08/09/2019

CHICAGO – Hillrom has entered into a definitive agreement to buy Breathe Technologies, an Irvine, Calif.-based manufacturer of patented, wearable non-invasive ventilators, for $130 million.

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HME NewsPoll September 2019

Members of Congress are in their home districts for the month of August.