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coronavirus outbreak

This is the home for our coverage of the coronavirus pandemic and its impact on the HME industry.

COVID-19 and HME M&A

 - 
Thursday, May 14, 2020

I caught up with Brad Smith, managing director and partner at Vertess, recently and he said the mergers and acquisition market for HME has been “a wild rollercoaster ride” amid the coronavirus pandemic.

Somnetics repurposes Transcend CPAP

 - 
05/13/2020

MINNEAPOLIS – Somnetics International is working to repurpose its inventory of Transcend CPAP machines for use in the fight against COVID-19.

DME MACs drop CMNs for oxygen, infusion services

 - 
05/12/2020

WASHINGTON – The DME MACs on May 7 announced that they will not require CMNs for oxygen claims during the COVID-19 public health emergency.

AAHomecare takes short and long view

Delay bid program, assess changed landscape
 - 
05/08/2020

WASHINGTON – AAHomecare is working with Dobson DaVanzo & Associates to package together the results of a recent survey in another push to delay Round 2021 of competitive bidding.

PPP funds are ‘must have’ for HME companies

 - 
05/08/2020

YARMOUTH, Maine – More than half of respondents to a recent HME Newspoll say they received funds from the initial Paycheck Protection Program.

AdaptHealth sees oxygen ‘broadly up’

 - 
05/08/2020

PLYMOUTH MEETING, Pa. – It’s impossible to predict the full impact of the COVID-19 crisis on its business, but AdaptHealth remains confident about its strategy and its prospects, company executives said during an earnings call.

Inogen reports bumpy first quarter

DTC sales were down, B2B sales were up
 - 
05/08/2020

GOLETA, Cailf. – Inogen saw an 8.9% drop in its direct-to-consumer sales in the first quarter of 2020 vs. 2019, with consumers not traveling and, therefore, not needing portable oxygen concentrators.

Commercial payers update guidelines

 - 
05/08/2020

WASHINGTON – AAHomecare has updated its Third-Party Payer and MCO Tracking resource to include recent updates from several payers.

Inogen sees decrease in DTC sales, as coronavirus pandemic hits consumer confidence, mobility

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05/06/2020

GOLETA, Calif. – Inogen reported total revenue of $88.5 million for the first quarter of 2020, a 1.9% decrease from the same period last year.

AdvaMed launches online platform to boost vent production

 - 
05/06/2020

WASHINGTON – The Advanced Medical Technology Association (AdvaMed) has launched a new platform, www.ventconnect.org, to connect ventilator companies with component suppliers to help scale production and distribution.

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