Tag: Essity
Providers get crash course on lymphedema rules
February 9, 2024HME News Staff
YARMOUTH, Maine – It’s a “time of learning” for providers, as they navigate providing compression therapy garments for Medicare beneficiaries with lymphedema, say industry stakeholders.
CMS in November issued a final rule that expanded coverage to include compression garments and in December the agency published a related fee schedule.
“Now people are trying to figure out how to transact business to support these patients who finally have access to...
In brief: Philips update, Essity expansion, Kubat recognition
December 30, 2021HME News Staff
AMSTERDAM – Philips Respironics has determined that exposure to the level of VOCs identified to date for the first-generation DreamStation devices is not typically anticipated to result in long-term health consequences for patients.
The announcement comes after an assessment by an outside medical panel and Philips and is intended to give healthcare providers the most recent data. Overall guidance for physicians and patients in the recall notification remains unchanged.
At...
Essity expands wound care portfolio
December 29, 2021HME News Staff
STOCKHOLM – Essity has acquired Hydrofera, a manufacturer and developer of advanced wound care technology and products for approximately $116 million USD. The acquisition supports Essity's strategic priority to grow through acquisitions in Medical Solutions. "The acquisition of Hydrofera is yet another great strategic fit for Essity further strengthening our innovation capacity and expanding our offering within advanced wound care,” said Ulrika Kolsrud, president, health and medical...
Essity now owns 100% of ABIGO Medical
July 6, 2021HME News Staff
STOCKHOLM – Essity has completed its acquisition of ABIGO Medical, which develops, manufactures and markets wound care products, including Sorbact technology. Essity acquired 75% of the Gothenburg, Sweden-based company in February 2020 and has now acquired the remaining 25% of shares. Per the terms of the transaction, ABIGO Medical’s pharma business has been divested and sold to the company’s founder, Jan Smith. Essity reported organic net sales in wound care increased 2.1% in the...
Urologicals market offers a trifecta of benefits
November 30, 2020John Andrews
Urologicals are a surprisingly versatile market segment that marry rewarding work, cross-over sales and technological advancements. Not bad for a market that has a reputation for being a strictly commodity business in the HME industry, vendors say.
John Anderson, CEO of Newport Beach, Calif.-based Cure Medical, is very upbeat about urologicals and the progress being made with respect to new products.
“It is an extremely rewarding market - I have one customer who cried with...
Essity taps Universal Software solution
August 28, 2019HME News Staff
DAVISON, Mich. - Essity will use Universal Software Solutions' VendorLink to automate its electronic ordering and patient drop-ship solutions. VendorLink, a companion application to HDMS, Universal's core application, offers a secure and dedicated point-to-point connection with distributors, providing automation for HME suppliers and pharmacies. "When our clients use the HDMS Outreach Services for patient resupply of products, together with our VendorLink solution, it creates a fully automated process...
In brief: Insulet hits milestone, NCART launches MCO survey
March 1, 2019HME News Staff
ACTON, Mass. - Insulet Corp. has reported net income of $9.9 million for the fourth quarter of 2018 compared to a net loss of $6.9 million for the same period in 2017.The company reported net income of $3.3 million for all of 2018 vs. a net loss of $26.8 million for 2017.It's the first time in Insulet's history that the company has achieved full-year positive operating income and net income.“Insulet had a remarkable 2018, achieving our third consecutive year of over 20% revenue growth, significantly...
Essity taps Feenan
February 27, 2019HME News Staff
PHILADELPHIA - Essity has named Michael Feenan vice president of sales and marketing for North America. Feenan will be responsible for the medical and incontinence businesses for the U.S. and Canada. Previously, he served as vice president of sales and marketing for incontinence for North America and Canada Medical. Essity, a global hygiene and health company, has several brands, including TENA, Leukoplast, Actimove and JOBST.
New company Essity lists on Nasdaq
June 20, 2017HME News Staff
VND Essity2.JPG
PHILADELPHIA - Essity, a global hygiene and health company, listed on the Nasdaq Stockholm on June 15. The listing follows SCA Group's decision to split into two independently listed companies: forest products company SCA, and Essity. Essity says it plans to continue to expand on the market growth of the Tork, TENA and JOBST brands. “With the launch of Essity we have a new name and an even stronger sense of purpose—improving well-being by providing leading hygiene...
In brief: SCA forms separate company, ResMed, ATS partner on grant
April 7, 2017HME News Staff
SCA forms separate hygiene companyPHILADELPHIA - SCA will split its global hygiene and health products into a new company, Essity.The forest products division will remain under the SCA name.As of 2016, 86% of the company is in hygiene and health, with 14% in forest products. Synergies between the operations have diminished over time, SCA said in a press release.Essity will develop, produce, market and sell personal care and tissue products, including the BSN Medical brands, which SCA acquired in...