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Invacare reports improvements in operating loss, free cash flow

by: 
HME News Staff
  - 
08/06/2019
  | 
Vendors

CLEVELAND – Invacare saw net sales decrease 4.2% to $235.9 million in the second quarter of 2019 compared to the same period last year, but it saw improvements in its operating loss and free cash flow.

North America

Comeback kid: Will it be second time’s a charm for iBOT?

by: 
Liz Beaulieu
  - 
08/02/2019
  | 
Vendors

MANCHESTER, N.H. – Mobius Mobility expects to relaunch the iBOT personal mobility device some time this fall, nearly 10 years after Johnson & Johnson stopped making the device. Here’s what Lucas Merrow, who has been helping Dean Kamen relaunch the iBOT, had to say about the device’s second coming.

ResMed nears settlement of years-long investigation

It was, otherwise, a strong fourth quarter and fiscal year 2019 for the company
 by: 
Liz Beaulieu
  - 
07/26/2019
  | 
Vendors

SAN DIEGO – ResMed divulged a projected $41.2 million hit to its net income in the fourth quarter of fiscal year 2019 to resolve an investigation by the Department of Justice of the company’s resupply program.

ResMed’s revenue hits $2.6B for FY 2019

by: 
HME News Staff
  - 
07/26/2019
  | 
Vendors

SAN DIEGO – ResMed reported revenue of $705 million for the fourth quarter of fiscal year 2019, a 13% increased compared to the same period last year.

‘AOs are vigilant in looking for fraud’

by: 
Liz Beaulieu
  - 
07/25/2019
  | 
Vendors

OWINGS MILLS, Md. – How much of a role do accrediting organizations play in helping to prevent and eliminate fraud, waste and abuse?

All-new Ameda

Company sets stage for ‘exciting’ Medtrade appearance in October
 by: 
Liz Beaulieu
  - 
07/25/2019
  | 
Vendors

BUFFALO GROVE, Ill. – When Ameda launched its Mya Pro breast pump in May the company had the power of a new brand and website behind it.

HME VIP joins VIP

by: 
Liz Beaulieu
  - 
07/18/2019
  | 
Vendors

MIAMI and ATLANTA – VIP Medical Group says it offers HME providers a one-stop shop for all their operational needs, now that it has brought on board long-time industry consultant Jane Wilkinson-Bunch.

Q&A with Justin Racine: Exposing future professionals to HME

by: 
Liz Beaulieu
  - 
07/18/2019
  | 
Vendors

WOBURN, Mass. – Justin Racine of Geriatric Medical has been invited to sit on an advisory board tasked with helping Western New England University revamp its pharmaceutical business major to better reflect larger trends in health care.

Do AOs police fraud?

by: 
Liz Beaulieu
  - 
07/03/2019
  | 
Vendors

YARMOUTH, Maine – Accreditation organizations help to prevent and eliminate fraud, waste and abuse in the Medicare program, but it’s not their main job, they say.

Invacare fills ‘key roles’ for North America

Company also announces workforce reduction, product launches
 by: 
HME News Staff
  - 
07/03/2019
  | 
Vendors

ELYRIA, Ohio – Invacare has provided an update on its “transformation and growth plan,” including an overhaul of its North America sales organization.

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