Tag: Cash
VGM, Medtrade on the hunt for retail products
September 10, 2019HME News Staff
ATLANTA - VGM's Retail Product Pavilion will make its debut at Medtrade, Oct. 21-23 at the Georgia World Congress Center. The pavilion, which will be partly designed and furnished by Medtrade exhibitor KC Store Fixtures, will showcase the latest cash products, according to Rob Baumhover, director of retail at VGM. “Medtrade and VGM Retail are looking for vendors to enter their products in this showcase,” he said. “Providers will have the opportunity to vote on which vendor product...
Cash-only CPAP provider debuts
September 3, 2019HME News Staff
MIDDLEBURGH HEIGHTS, Ohio - Miguel Semidey has opened a retail store here called CPAP EquipSource to sell CPAP machines, masks, nebulizers, supplies, POCs and more to cash-paying customers, according to cleveland.com. “Right now, we're trying to attract that out-of-pocket customer who doesn't want to deal with an insurance company,” he told the website. “A lot of patients, for whatever reason, don't have options. They come to us and see different options in person, as...
Invacare POC goes DTC for cash
September 4, 2018HME News Staff
ELYRIA, Ohio - Invacare has launched a new campaign to increase access to its Platinum Mobile Oxygen Concentrator.
The campaign comprises multimedia advertising to build awareness for the POC and “a second point of access through cash sales to consumers, in addition to traditional reimbursed channels,” according to a press release.
“Invacare is committed to providing products that promote recovery and active lifestyles to those that need them,” said Matt Rechin, senior...
Supreme Medical adds CBD products
August 14, 2018HME News Staff
MOBILE, Ala. - Supreme Medical has partnered with Green Roads to add CBD products to its roster of distributed products. Green Roads produces more than 50 CBD products that are formulated by a licensed compound pharmacist using high quality, broad-spectrum hemp oil and other natural ingredients, according to a press release. Supreme Medical believes the CBD industry is poised to generate more than $2 billion in revenue by 2020. “This product category represents a huge opportunity to generate...
CareMotion adds virtual assistant to website
September 6, 2017HME News Staff
CLEVELAND - CareMotion, a growing online retailer of home medical equipment, has launched a virtual shopping assistant designed to eliminate the pain points associated with online purchases. The assistant asks customers to enter basic health and fitness information, allowing it to recommend the best products to fit their needs. “All of us at Care Motion are advocates for helping seniors enjoy a higher quality of life while living at home, independently," said Aaron Cavano, president....
Golden Technologies lines up consumer financing
September 6, 2017HME News Staff
OLD FORGE, Pa. - Golden Technologies has partnered with CareCredit to offer its dealers a new financing solution, the lift chair manufacturer announced Sept. 6. Through the partnership, dealers can now offer their customers a dedicated line of credit to pay for costs not covered by insurance. Financing offered through CareCredit can span six, 12 or 18 months, with dealers receiving payment in just two days, according to a press release. “We are excited about this strategic relationship with...
Online Retail: Use reviews to establish authority
April 24, 2017Kamal Haddad
A. Absolutely. There are many reasons why you want to allow your customers to leave reviews based on their interaction with you, both in-store, as well as on your website.
First of all, let's distinguish between merchant reviews and product reviews. Product reviews (if you sell products online) is a service you can subscribe to and integrate into your website product catalog. This allows customers who purchase from you to leave a review of the individual item they purchased along with their...
Roscoe adopts new pricing policy
May 19, 2015HME News Staff
STRONGSVILLE, Ohio - Roscoe Medical has introduced a minimum advertised price policy for its Viverity line of retail home healthcare products. With a MAP policy, HME providers can be confident that they won't be underpriced by “bargain basement e-commerce retailers,” according to the company. “The goal with our MAP policy is to maintain margin integrity at the HME storefront level and ensure a level playing field across the board for our provider network,” stated Ryan Moore,...
Invacare sells, then leases back, properties
April 24, 2015HME News Staff
ELYRIA, Ohio - Invacare has secured $23 million in a sale and leaseback transaction. The company has sold and leased back under long-term leases five of its properties located in Ohio and Florida. The net proceeds from the transaction will be used to reduce debt on the company's revolving asset-based credit facility, according to a press release. ''We are pleased that we have completed this sale and leaseback transaction, which is part of our ongoing plan to proactively manage cash and debt in our...
Lawyer sees promise in cash HME business
September 26, 2014Leah Hoenen
When Catherine Karuga-Ndivo was ready to leave corporate law behind and open a business, her nurse husband suggested an HME store.
This summer, she opened Vondi Independent Living Supplies in Tewksbury, Mass.
“There's no full-line HME in this city, and there's a huge chunk of the population that was within my target group—over 45,” Karuga-Ndivo said. “The income was above average for the state, so I just thought it would be a good city to open in.”
Vondi...