Archive: January 2025
Poll respondents on MA plans: ‘It’s just too much’
January 3, 2025Theresa Flaherty, Managing Editor
YARMOUTH, Maine – When it comes to Medicare Advantage, respondents to a recent HME Newspoll have two predictions: The numbers of beneficiaries enrolled in these plans will increase under the new administration of President-elect Donald Trump, and it won’t be good for HME providers.
Most respondents already serve patients with MA plans (84%) and expect their percentage of patients who have these plans to increase this year (59%). The problem: They experience more challenges serving...
Nationwide Medical engages outside investor
January 3, 2025Theresa Flaherty, Managing Editor
CALABASAS, Calif. – Nationwide Medical plans to use a recent investment to strengthen its bench as it seeks to "compete at a higher level” in the sleep and respiratory space, says CEO David Siegel.
The company has already lined up several new hires for the first quarter of 2025 and will also look at technology upgrades to support and increase the efficiency of its operations and sales staff – a model that has worked for the company since its inception, says Siegel.
“One...
Signifier ‘starting to make significant inroads’
January 3, 2025Theresa Flaherty, Managing Editor
NEEDHAM, Mass. – With a HCPCS code and two major distribution agreements in hand, Signifier Medical Technologies is creating a path for itself and sleep stakeholders looking for an alternative to CPAP devices, says Yasser Zayni, head of commercial, clinical and compliance.
“CPAP has been around for many years, and it works great for many patients; however, there is a significant proportion of the obstructive sleep apnea patient population that doesn't tolerate CPAP,”...
Maskery’s Merits: Mission-driven & responsive
January 3, 2025Liz Beaulieu, Editor
FORT MYERS, Fla. – New president Andrew Maskery says Merits USA perfectly blends his background and interests in the manufacturing and medical fields, but as a company that designs and makes wheelchairs, it also meets his desire to do good.
Prior to joining Merits USA as vice president about three years ago, Maskery helped to launch and grow two medical startups and before that he worked for nearly 18 years in aerospace manufacturing.
“It goes back to our saying, ‘Enhancing...
In brief: Medline’s IPO, GLP-1's expansion, DME’s ‘hidden cost,’ Nymbl’s investment
January 3, 2025HME News Staff
NORTHFIELD, Ill. – Medline has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.
The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC's review process.
In 2021, Medline announced it had received outside...
Medline eyes IPO
January 2, 2025HME News Staff
NORTHFIELD, Ill. – Medline has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.
The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC's review process.
In 2021, Medline announced it had received outside...
Abbott, DexCom settle patent disputes
January 2, 2025HME News Staff
SAN DIEGO and ABBOTT PARK, Ill. – DexCom and Abbott Diabetes Care have entered into a settlement and patent cross license agreement to resolve all outstanding patent litigation between the parties related to their continuous glucose monitors, according to a Form 8-K filed by Dexcom with the U.S. Securities and Exchange Commission. Both companies have accused the other of infringing certain patents and each company has filed counterclaims and actions to invalidate the other’s patents....
AOPA names interim executive director
January 2, 2025HME News Staff
ALEXANDRIA, Va. – The American Orthotics and Prosthetics Association (AOPA) board of directors has announced that Teri Kuffel, JD, will serve as interim executive director effective Jan. 1.
AOPA’s current executive director, Eve Lee, is resigning effective Jan. 22 to become CEO of the Society of Interventional Radiology.
As interim executive director, a six-month term, Kuffel, who is also vice president and co-owner of Arise Orthotics & Prosthetics in Minnesota, will...