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Inogen

In brief: GAO reports on bid program, Lifeway Mobility receives investment

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08/31/2018

WASHINGTON – The average reduction in payment rates in non-competitive bidding areas for five DME items with the highest expenditures in 2016 was 46%, according to a new report from the Government Accountability Office.

Inogen’s Scribner to leave

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08/29/2018

GOLETA, Calif. – Matt Scribner, Inogen’s executive vice president of operations, will leave the company, effective Jan. 2, 2019. Bart Sanford, most recently senior vice president of operations at Cepheid, a molecular diagnostics company, will step into the role on Sept.

Inogen watches as others follow suit

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08/09/2018

GOLETA, Calif. – It will only help Inogen that more manufacturers are deciding to raise awareness among consumers for their own POCs, CEO Scott Wilkinson says.

Mobility lifts sales at Invacare; Inogen, BioScrip see revenue increases

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08/08/2018

ELYRIA, Ohio – Invacare reported net sales of $246.2 million for the second quarter of 2018 compared to $233.5 million for the same period last year, about a 5.4% increase. It reported a net loss of $16.5 million vs. $23.5 million.

Inogen posts big increases, despite seasonally slow quarter

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05/01/2018

GOLETA, Calif. – Inogen on Monday reported total revenues of $79.1 million for the first quarter of 2018, a 50.6% increase compared to the same period in 2017. It reported a net income of $10.8 million vs. $5.8 million.

In brief: AAHomecare meets with Hargan, Inogen reports data security incident

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04/13/2018

WASHINGTON – AAHomecare execs met with HHS Deputy Secretary Eric Hargan on April 11 to discuss competitive bidding relief and other industry priorities.

Inogen reports data security incident

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04/13/2018

GOLETA, Calif. – An Inogen employee’s email account was accessed by unknown persons outside the company without authorization, it announced in an April 13 Form 8-K filing with the Securities and Exchange Commission.

Inogen ramps up support for DTC biz

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03/02/2018

GOLETA, Calif. – Inogen’s sales team for its direct-to-consumer business hit a record 263 reps by the end of 2017, an increase of 86 reps compared to 2016, company officials told investors during a Feb. 28 conference call to discuss fourth quarter and year-end financial results.

Inogen’s DTC sales lead way

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02/28/2018

GOLETA, Calif. – Inogen reported total revenue of $63.8 million for the fourth quarter of 2017, up 25.4% compared to the same period in 2016. It reported a net loss of $606,000 vs. a net income of $5.26 million.

Cutting overhead drives innovation in oxygen market

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12/29/2017

Oxygen technology continues to make strides, from remote monitoring connectivity to product engineering that bolsters efficiency, durability and longevity.

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