Also Noted

ResMed announces record quarter

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10/26/2012

SAN DIEGO – ResMed this week reported revenue of $339.7 million for the quarter ended Sept. 30, 2012, an 8% increase over the same quarter last year. Net income was $71.3 million, a 41% increase; and earnings per share were $0.49, a 48% increase.

McKesson to buy PSS World Medical

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10/25/2012

SAN FRANCISCO – The McKesson Corporation, a healthcare services and information technology company, agreed on Thursday to buy Jacksonville, Fla.-based PSS World Medical, for $1.46 billion, according to multiple reports.

Comfort Company, PDG go separate ways

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10/25/2012

BOZEMAN, Mont. – The Comfort Company has severed ties with PDG Mobility. In a news item posted to its website Oct.

Team Invacare wins 100 medals

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10/24/2012

ELYRIA, Ohio – Invacare has announced that athletes using Top End and Kuschall wheelchairs and handcycles won more than 100 medals at the Paralympic games in August and September in London.

COPD requires combined treatments, researchers say

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10/24/2012

ATLANTA – An Italian study found that most elderly patients with chronic obstructive pulmonary disease (COPD) have other illnesses that require a combined treatment approach.

Senator pushes crackdown on PMDs

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10/23/2012

NEW HAVEN, Conn. – Sen. Richard Blumenthal, D-Conn., and healthcare advocates recently called for a crackdown on the “aggressive and misleading” marketing tactics of the power mobility device (PMD) industry, according to a press release posted to the senator’s website.

FAA approves seven more portable oxygen concentrators

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10/23/2012

WASHINGTON – The Federal Aviation Administration (FAA) approved an additional seven portable oxygen concentrators (POCs) for use aboard aircraft, according to multiple reports.

Ventus Medical product launches new treatment device for OSA

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10/22/2012

SAN JOSE, Calif. – Ventus Medical has launched a therapy kit designed to help people gradually adjust to expiratory positive airway pressure (EPAP) treatment for obstructive sleep apnea.

Private equity firm acquires Premier Medical

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10/22/2012

CLEVELAND – The Riverside Co., a private equity firm based here, has acquired Premier Medical Corp., a Denver-based provider of respiratory equipment, liquid oxygen and durable medical equipment to skilled-nursing facilities in Colorado, New Mexico and Wyoming, according

Ex-owners of DME wholesale company charged with fraud

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10/12/2012

ONTARIO, Calif. – The former owners of a DME wholesale company based here were arrested and charged Oct. 10 in connection with a fraud scheme involving $16.6 million worth of false claims, according to a Department of Justice news release.

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