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Inogen

In brief: Industry issues last call to action, OIG finds no access issues

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06/09/2017

WASHINGTON – Industry stakeholders spent Friday pushing to get as many signatures as possible on a letter asking HHS Secretary Tom Price to make significant changes to HME policy.

Inogen nails down Cleveland facility

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06/06/2017

GOLETA, Calif. – Inogen has secured an additional facility in the Cleveland area to help grow its direct-to-consumer business, it announced June 2.

Inogen gets international clearance

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06/01/2017

GOLETA, Calif. – Inogen has obtained the EC Certificate for its Inogen One G4 portable oxygen concentrator and will now make the device available for sale in certain countries.

Inogen sees growth curve for POCs

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05/12/2017

GOLETA, Calif. – Are Inogen’s continued strong earnings a sign that HME providers are finally adopting portable oxygen concentrators in larger numbers?

Yes, says CEO Scott Wilkinson, but don’t get too carried away.

Inogen sees triple-digit increase in net sales

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05/10/2017

GOLETA, Calif. – Inogen reported total revenues of $52.5 million for the first quarter of 2017, an increase of 22% over the same period last year, and net income of $5.9 million, a 135.3% increase. “We are off to a solid start to 2017,” said Scott Wilkinson, CEO.

Inogen stays focused on DTC

B2B sales are great, but HME providers are unpredictable, company officials say
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03/03/2017

GOLETA, Calif. – Inogen’s B2B business keeps posting the largest numbers, but the company has put a number of wheels in motion to boost its direct-to-consumer business in 2017.

Inogen to open office in Ohio

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03/01/2017

BROOKLYN, Ohio – Inogen has won a state tax credit to bring a sales office and warehouse to Brooklyn, Ohio, and staff it with 240 employees, according to Crain’s Cleveland Business. The new office and warehouse will be the center of the company’s eastern U.S.

Inogen rides POC wave

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03/01/2017

GOLETA, Calif. – Inogen on Feb. 23 reported total revenue of $50.9 million for the fourth quarter of 2016, up 25.7% over the same period in 2015. Net income was $5.3 million, a 36.3% increase.

In brief: Mum’s still the word at CMS, Drive makes buy

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01/13/2017

WASHINGTON – Industry stakeholders were still waiting for word from CMS at press time on Friday on how the agency plans to retroactively delay a second round of reimbursement cuts in non-competitive bidding areas.

Inogen expects to recoup $2M

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01/10/2017

GOLETA, Calif. – Inogen expects to recoup up to $2 million in rental revenues for the fourth quarter of 2016 as a result of a provision in the recently passed 21st Century Cures Act.

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