Also Noted

AASM: CPAP may also improve diabetes

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06/04/2013

BALTIMORE – Citing a study conducted by researchers at the University of Chicago, physicians at the American Academy of Sleep Medicine (AASM) say CPAP treatment may also relieve symptoms of Type 2 diabetes, according to a press release.

3B Medical will fight lawsuit

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06/03/2013

SAN DIEGO – 3B Medical/BMC Medical, a manufacturer of sleep diagnostics and therapy devices, says it will fight a lawsuit filed by ResMed for alleged patent infringement, according to a press release.

Law firm launches Invacare probe

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06/03/2013

ELYRIA, Ohio – Faruqi & Faruqi, a law firm that specializes in securities litigation, is investigating potential securities fraud at Invacare, according to a press release.

Report: Home healthcare market to reach $130.4B by 2017

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06/03/2013

DALLAS – The North American home healthcare market is poised to reach $130.4 billion by 2017, expanding at a compound annual growth rate (CAGR) of 7.5%, according to a new study from Markets and Markets, a global research and consulting firm.

Invacare faces lawsuit from shareholder

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05/31/2013

ELYRIA, Ohio – Invacare officials will “vigorously defend” themselves against new allegations that they misled shareholders about the company’s noncompliance with Food and Drug Administration (FDA) regulations, according to a spokeswoman.

AAHomecare members elect new directors

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05/31/2013

WASHINGTON – AAHomecare bid farewell to several directors, while welcoming others to the board during its annual membership meeting held during the association’s Washington Legislative Conference May 22-23, according to a bulletin from the organization.

Woman sentenced for $11M fraud scheme

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05/31/2013

LAS VEGAS – A Nevada woman who defrauded Medicare of $11.1 million in an HME billing scheme was sentenced to more than four years in prison, according to a press release.

FDA approves Breathe Technologies’ CPAP device

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05/31/2013

IRVINE, Calif. – Breathe Technologies, a manufacturer of respiratory products, had its CPAP system cleared by the Food and Drug Administration (FDA), according to a press release.

Invacare restructures credit agreement

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05/30/2013

ELYRIA, Ohio – Invacare has amended its credit agreement, giving the company greater financial flexibility for the remainder of 2013, according to a press release.

VGM inks partnership with van Halem Group

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05/30/2013

WATERLOO, Iowa – The VGM Group, including U.S. Rehab, signed a partner agreement with The van Halem Group, a Medicare consulting and auditing firm, according to a press release. Under the agreement, VGM and U.S.

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