Tag: InfuSystem
InfuSystem adds audit expert to board
November 19, 2024HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem has appointed Ronald Hundzinski as independent director of the company’s board of directors. He will serve as a director until he stands for election at InfuSystem’s next annual shareholders meeting in May. “We are pleased to welcome Ron to InfuSystem’s board,” said Scott Shuda, chairman of the board. “He adds both accounting and finance depth to our oversight and committee work and brings significant operating experience...
In brief: Potential new NIV coverage, new PHM CEO, new home care alliance
September 13, 2024HME News Staff
WASHINGTON – CMS is soliciting public comment on a request for reconsideration of NCD 280.1 to establish coverage policies for the use of noninvasive home mechanical ventilators and respiratory assist devices for Medicare beneficiaries with COPD.
The scope of the agency’s national coverage analysis (NCA) is limited to noninvasive positive pressure ventilation in the home for the treatment of chronic respiratory failure consequent to COPD and will focus on clinical indications...
InfuSystem, Sanara MedTech to distribute chemo-relief device
September 12, 2024HME News Staff
ROCHESTER, Mich. – InfuSystem and Sanara MedTech Inc. have executed an exclusive U.S. distribution agreement with ChemoMouthpiece, a device for the treatment of oral mucositis in chemotherapy patients. “Sanara and InfuSystem entered into our partnership to bring together our combined technical, operational and commercial strengths to deliver proprietary efficacious products to patients,” said Rich Dilorio, CEO, InfuSystem. “We believe this exclusive agreement, which builds...
InfuSystem sets new revenue record
August 8, 2024HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem Holdings reported revenues of $33.7 million for the second quarter of 2024, an increase of 6% year over year. Of that, Patient Services revenue was $20.2 million, and Device Solutions revenue was $13.5 million. Adjusted EBITDA margin was 18% vs. 18.2% year over year. “We are pleased with our second quarter financial results, which included setting a new record high quarterly revenue of $33.7 million, an increase of 6% over the prior year period, a 17%...
InfuSystem to distribute Smith+Nephew NPWT system
August 7, 2024HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem Holdings has announced a three-year agreement with Smith+Nephew to distribute its negative pressure wound therapy system and supplies. Under this agreement, InfuSystem will offer Smith+Nephew’s advanced RENASYS EDGE NPWT system, a new option in home-based care for patients living with chronic wounds. “Based on our more than 800 in-network health insurance providers covering over 96% of the U.S. population and our well-established and trusted service...
In brief: Dexcom study, test strip fraud, InfuSystem stock buy-back
May 24, 2024HME News Staff
LONDON – Nearly half of patients with Type 2 diabetes were unaware of the disease’s effects, according to a new study from Dexcom.
The “Dexcom State of Type 2 Report,” released in conjunction with the launch of the Dexcom ONE+ continuous glucose monitor, also found:
63% of people with diabetes are encountering difficulties in managing their disease, including challenges related to improving their diet or their mental health; and
42% of...
Dignitana partners with InfuSystems
October 10, 2023HME News Staff
LUND, Sweden – Dignitana AB has announced a sales and marketing partnership with InfuSystems to offer the DigniCap Scalp Cooling System to oncologist offices and other ambulatory infusion centers. "InfuSystem has a stellar reputation for patient-focused product excellence and outstanding service and support, coupled with access to the majority of cancer centers in the U.S.,” said Catarina Löwenadler, Dignitana's CEO. “This partnership is a significant step forward as...
In brief: Aeroflow boosts advocacy, Joerns adds Winncare, Great Plains Rehab sells
June 23, 2023HME News Staff
ASHEVILLE, N.C. – Aeroflow Healthcare has created a government relations program and hired Mindi Walker, an experienced lobbyist, to lead it.
The move will allow Aeroflow, a large supplier of products and services in the maternity, incontinence, sleep and diabetes markets, to help ensure equitable access to care at both the state and federal level.
“Aeroflow Healthcare has completed numerous advocacy initiatives to improve patient outcomes over the years, with the most...
InfuSystem to join Russell 3000
June 22, 2023HME News Staff
ROCHESTER HILLS, Mich. - InfuSystem Holdings will join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of April 28, ranking them by total market capitalization. “We are excited to be included in the Russell 3000 Index, one of the most widely cited performance benchmarks,” said Richard Dilorio, CEO....
In brief: AdaptHealth settlement, Quipt raise, KabaFusion investment
April 28, 2023HME News Staff
PHILADELPHIA – AdaptHealth will pay $5.3 million to resolve alleged False Claims Act violations for submitting allegedly false claims to federal health care programs for respiratory devices that patients did not need or use, according to the U.S. Attorney’s Office for the Eastern District of Pennsylvania.
The settlement resolves allegations that between 2013 and 2017 AdaptHealth, known at the time as QMES and Tri-County Medical Equipment and Supply, knowingly and willfully billed...