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Mediware gets new PE owner

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12/21/2016

LENEXA, Kan. – TPG Capital, the private equity fund of alternative asset firm TPG, has entered into a definitive agreement to acquire Mediware Information Systems from private equity firm Thoma Bravo.

SCA to buy BSN for 2.74 billion euros

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12/20/2016

STOCKHOLM – SCA has entered into an agreement to acquire BSN Medical from the private equity group EQT Partners AB for 2.74 billion euros ($2.9 billion), it announced Dec. 19.

Harmar dials it up with new CEO

‘We really need to move into growth mode’ says backer
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12/16/2016

SARASOTA, Fla. – Private equity-backed Harmar is getting its second new CEO in less than three years.

MyPainAway takes top spot in retail

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11/30/2016

Topricin BioMedical took first place with its MyPainAway Fibro Cream at the 2016 biannual Innovative HME Retail Product Awards at Medtrade.

Cryogenic Solutions doubles down with Inventory Solutions

‘Over the years, the secondary market has really become mainstream’
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11/23/2016

INDIANAPOLIS and NEW YORK CITY – Cryogenic Solutions and Inventory Solutions are betting the secondary market for HME is hot and only going to get hotter.

Made in USA, from start to finish

Pride Mobility now manufactures lift chairs at new facility in 'capital of U.S. motion furniture manufacturing'
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11/23/2016

EXETER, Pa. – With a new wholly owned, vertically integrated manufacturing facility in Pontotoc, Miss., Pride Mobility is now behind “literally every stitch” of its lift chairs, says Pat Ramey, director of manufacturing.

Inogen puts POCs at forefront

Company acknowledges ‘growing pains’ in HME industry, but offers POCs as solution to providing adequate service and achieving financial return
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11/11/2016

GOLETA, Calif. – Inogen’s hybrid approach to the HME industry continues to pay off, with the company yet again posting double-digit increases in revenues and net income for the third quarter of 2016.

Invacare ramps up context

Of three-phase transformation, CEO says, ‘This is going to be more of a walk through a forest to a destination than a walk in a straight line’
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11/11/2016

ELYRIA, Ohio – Matthew Monaghan wants investors to look past the net losses and sales decreases that dominate Invacare’s latest financial results.

Philips, Masimo settle lawsuits

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11/08/2016

AMSTERDAM and IRVINE, Calif. – Royal Philips and Masimo have entered into a business partnership agreement that ends all pending lawsuits between the two companies.

Earnings: Invacare reports losses, Inogen raises guidance

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11/04/2016

ELYRIA, Ohio – Invacare on Oct. 31 reported a net loss of $5 million for the third quarter of 2016 compared to $7.8 million for the same period last year. It reported net sales of $268.1 million vs. $283.8 million.

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