Tag: Home Respiratory Equipment
Viemed posts record-breaking 2024
March 11, 2025HME News Staff
LAFAYETTE, La. – Viemed Healthcare reported record net revenues of $60.7 million for its fourth quarter 2024, an increase of 20% over the same quarter in 2023.
Total net revenues for the year were a record $224.3 million, an increase of $41.2 million, or 23% over the prior year. Adjusted EBITDA for the quarter and the year were $14.2 million and a record $51.1 million, respectively.
“We once again demonstrated our value as a vital link between patients, providers,...
Sleep & respiratory: Look ahead to AI
February 11, 2025Colleen Lance
Q. What is on the horizon for connectivity and remote patient monitoring for PAP and ventilator devices?
A. Imagine being able to analyze and affect a change in a patient’s care, not just for the moment they are in front of you in a single clinical visit, but to become truly adherent to therapy life-long. The future of connectivity and remote patient monitoring (RPM) for PAP devices and ventilators is poised for significant advancements. With rapid technological developments,...
Sleep & respiratory: Set clear expectations
January 9, 2025Colleen Lance
Q. With the rapid changes in respiratory and sleep medicine, what can an HME provider expect from their manufacturing partners?
A. HME companies may need reassessment of their partnerships with manufacturers. Here’s a framework to guide this process:
Quality & compliance
Ensure manufacturing partners comply with FDA, ISO and CE standards. Review FDA 510K status for any restrictions or outstanding recalls. Robust quality assessment and post-market surveillance...
Respiratory supply chain stabilizes
March 15, 2024HME News Staff
In the four years since the COVID-19 pandemic began, the respiratory market has been “on a rollercoaster” with supply chain challenges. Now, with the virus less of a threat, the situation has stabilized, manufacturers say.
“We are seeing the supply chain environment return to (previous) levels and have maintained a 98% on-time delivery status in 2023,” said Kevin Smith, CEO of Goleta, Calif.-based Inogen. “Our manufacturing facility in Plano, Texas, has undergone...
Viemed fortifies sales force
March 8, 2024Theresa Flaherty, Managing Editor
LAFAYETTE, La. – Viemed kicked off 2024 with a restructured sales force to boost ongoing organic growth, company execs said on a recent call to review fourth quarter and full-year 2023 financial results.
The company recently transitioned to a training and management infrastructure that takes a more localized approach, creating multiple territory sales manager and national sales directorship promotions, said Casey Hoyt, CEO.
“This expansion and fortification of our team...
ONeal Medical phases out DME to focus on respiratory
February 19, 2024HME News Staff
PELHAM, Ala. – ONeal Medical will stop filling durable medical equipment orders for new patients after March 31, 2024 as it focuses on home respiratory, including oxygen and sleep therapy. The provider will continue to service its existing DME patients and will accept DME orders for new patients if the order includes oxygen or sleep therapy equipment. “As a home owned and operated business, we continue to be deeply committed to our local community, and support many local charitable organizations....
CAIRE opens new service HQ
October 25, 2023HME News Staff
BALL GROUND, Ga. — CAIRE Inc. has opened a new global service headquarters in Canton, Ga., near its primary manufacturing hub north of Atlanta. The 29,500-square-foot Canton facility will provide rapid servicing of equipment, as well as fulfillment of specialty service parts and accessories for CAIRE respiratory and specific AirSep brand commercial products. “As we navigated the challenges of the pandemic, we discovered there was an opportunity to improve the efficiency of our service...
Viemed ramps up M&A, eyes MA plans
May 12, 2023Theresa Flaherty, Managing Editor
LAFAYETTE, La. – M&A and MA were hot topics during a recent Viemed earnings call, as company execs outlined what they see as key opportunities for growth going forward.
Viemed’s recently announced acquisition of Tennessee-based Home Medical Products, a large regional provider of respiratory solutions, kicks off the company’s acquisition growth initiatives – a priority for the year ahead, say execs. HMP, which currently serves more than 44,000 patients in Tennessee,...
Viemed to acquire HMP
April 18, 2023HME News Staff
LAFAYETTE, La., - Viemed Healthcare, Inc. will acquire Tennessee-based Home Medical Products, Inc., a large regional provider of respiratory focused home medical solutions.
“We are incredibly excited to complement our strong history of organic growth by combining great teams through accretive transactions” said Casey Hoyt, Viemed CEO. “The purchase of HMP will launch our acquisition growth initiatives with a stellar organization that has an extraordinary reputation with...
Medline’s respiratory portfolio takes off
April 7, 2023Liz Beaulieu, Editor
MUNDELEIN, Ill. – Medline has started adding more complex products to its respiratory portfolio, starting with the Flight 60 ventilator.
The company became the exclusive distributor for the Flight 60, made by Flight Medical Innovations, in the first quarter. Paul Miller, director of business development for HME, described the product as an invasive and non-invasive vent that’s transportable, durable and can be used on a wide range of patients, from infants to bariatrics.
“If...