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Drive DeVilbiss struggles with $600M in debt

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09/06/2019

PORT WASHINGTON, N.Y. – Medical Depot, which operates as Drive DeVilbiss Healthcare, has begun restructuring talks with its senior lenders, the Wall Street Journal has reported.

The Kathy Ireland effect

Star’s show is not the only unconventional way that RemZzzs has spread word about its product
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09/03/2019

JACKSON, Mich. – RemZzzs will be featured in a future episode of Modern Living with Kathy Ireland, a magazine-style program that features “the hottest stories, trends and breakthroughs that will educate and motivate viewers.”

Philips aims to reduce refits

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09/03/2019

PITTSBURGH – Philips Respironics offered a sneak peek of the Philips Respironics Mask Selector (PRMS) at SLEEP 2019 in June, a tool that uses 3D technology to find the best mask for patients.

ACU-Serve tackles front of house

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08/30/2019

AKRON, Ohio – ACU-Serve can now take on what company officials say is the “hardest job” for HME providers: intake.

F&P upgrades guidance

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08/29/2019

IRVINE, Calif. – Fisher & Paykel Healthcare has upgraded its guidance for the financial year ending March 31, 2020, to full operating revenue of about $1.17 billion and net profit after tax of about $245 million to $255 million.

WHILL, Scootaround merge

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08/23/2019

SAN FRANCISCO – WHILL, the makers of the Model Ci and Model A personal electric vehicles, and Scootaround, a provider of rental mobility solutions, have merged.

Precision Medical wants users to Live Active

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08/16/2019

NORTHHAMPTON, Pa. – Precision Medical will have not only a new portable oxygen concentrator but also a new brand and website some time this fall.

NovaSom files for bankruptcy, seeks sale to VirtuOx

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08/15/2019

GLEN BURNIE, Md. – VirtuOx is seeking to acquire the assets of NovaSom, which filed for Chapter 11 bankruptcy Aug. 2.

Inogen targets non-invasive vents

Company sees market poised for ‘disruption’
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08/09/2019

GOLETA, Calif. – Inogen is set to enter the non-invasive ventilator market with its planned acquisition of New Aera for $70.4 million in cash.

Invacare readies to ‘accelerate’

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08/09/2019

ELYRIA, Ohio – Invacare reported an adjusted EBITDA of only $5.1 million for the second quarter toward its goal of at least $20 million by the end of 2019, but company officials expect performance to improve in the back half of the year.

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