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Belluscura readies to launch X-PLO2R

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03/29/2019

PLANO, Texas – Belluscura, a U.K. company that licenses and develops proprietary healthcare technologies, plans to launch a portable oxygen concentrator named the X-PLO2R in the U.S. market in the back half of this year.

Xealth receives investment from Philips, ResMed

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03/29/2019

SEATTLE – Xealth, a digital prescribing platform, has raised $11 million in a Series A financing round with new investments from healthcare companies like Philips, ResMed and McKesson.

PurWell applies VirtuOx approach to CBD

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03/15/2019

DELRAY BEACH, Fla. – PurWell, a spin-off of VirtuOx, an IDTF for sleep disorders and respiratory diseases, entered the increasingly crowded market for CBD products last month.

Law firm sues Inogen for misleading statements

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03/07/2019

SAN DIEGO – Robbins Geller Rudman & Dowd has filed a class action lawsuit against Inogen on behalf of purchasers of the company’s stock between Nov. 8, 2017, and Feb. 26, 2019.

Inogen’s DTC sales shine in Q4

B2B growth slows, however, due to reduction in orders from national provider
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03/01/2019

GOLETA, Calif. – 2018 was a “year of investment” for Inogen and it paid off, company officials say, with a 50.4% increase in direct-to-consumer sales in the fourth quarter

Ki Mobility solidifies presence in Canada

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02/22/2019

STEVENS POINT, Wis. – Ki Mobility’s acquisition of NuVision Rehab Group and Western Home Medical, both in Calgary, allows the company to warehouse and distribute its products directly in and from Canada.

Quantum Rehab spotlights iLevel users

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02/22/2019

DURYEA, Pa. – Quantum Rehab has launched a dedicated website to showcase some of the more than 20,000 consumers who now use iLevel.

The website, www.lifeatilevel.com, features photos, videos, blogs and biographies.

Invacare re-evaluates business segments, product lines

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02/15/2019

ELYRIA, Ohio – Amid headwinds from tariffs and changes to Medicare’s competitive bidding program, Invacare announced an “enhanced transformation and growth plan” during a conference call on Feb. 14 to discuss its fourth quarter and full year financial results.

Invacare sees improvements in 2018

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02/14/2019

ELYRIA, Ohio – Invacare reported net sales of $244.6 million for the fourth quarter of 2018, a 2.3% decrease compared to the same quarter in 2017, and $972.3 million for all of 2018, a 0.6% increase compared to 2017.

Changes ahead for MED Group

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02/01/2019

FLORHAM PARK, N.J.– Managed Health Care Associates is moving operations for The MED Group to its corporate headquarters, closing the Lubbock, Texas, office.

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