Tag: Inogen
Home respiratory care becomes new standard
April 4, 2025Tracy Orzel
Once considered a secondary option to hospital-based treatment, industry experts say home respiratory care has now become the standard for managing chronic conditions.
“There’s a growing emphasis on home-based care as hospitals and health care systems seek to reduce inpatient stays and manage costs more efficiently,” said Charles Hartson, vice president of product management at ResMed.
In addition to cost savings, the transition is driven by an aging population,...
Inogen expects ‘positive margin impact’ from Yuwell
February 28, 2025Liz Beaulieu, Editor
GOLETA, Calif. – Inogen, in collaboration with Yuwell, will now have a stationary oxygen concentrator to package with its portable oxygen concentrator, giving its sales organization “more productivity per run,” said Kevin Smith.
The company will offer stationary oxygen concentrators from Yuwell that are branded as Inogen “across our channels,” said Smith, president and CEO, during a recent conference call to discuss the company’s fourth quarter and full-year...
Inogen returns to growth
February 26, 2025HME News Staff
GOLETA, Calif. - Inogen reported total revenue of $80.1 million for the fourth quarter of 2024, a 5.5% increase compared to the same period in 2023, and $335.7 million for the full year 2024, a 6.4% increase compared to 2023.
The company’s performance was primarily driven by higher demand and new customers in international and domestic business-to-business sales, partially offset by lower direct-to-consumer sales and lower rental revenue as a result of its initiatives to enhance overall...
In brief: Trump turnaround, Homecare Champion finalists, TrueAire recall
February 7, 2025HME News Staff
WASHINGTON - President Donald Trump on Feb. 3 suspended his plans to implement 25% tariffs on products from Mexico and Canada, agreeing to a one-month pause in exchange for concessions on border security and crime enforcement.
The DME industry is closely monitoring the situation to see what, if any, exclusions might be included for medical equipment and products, according to a bulletin from VGM Government Relations.
An increase in tariffs, VGM says, could lead to several...
Inogen appoints Sahney to board
February 5, 2025HME News Staff
GOLETA, Calif. – Inogen has announced Mira Kirti Sahney joined its board of directors effective Jan. 31, 2025. Sahney serves as a board member of Claria Medical, a privately held minimally invasive surgical tools company. Previously, she served as the president of the Pelvic Health Operating Unit at Medtronic from 2021 to 2024, and has served in leadership and executive roles at Hyalex Orthopaedics and Smith + Nephew. Sahney began her medical technology career as co-founder and President of...
In brief: Inogen accelerates, C.R. Bard settles, NCPA warns
January 29, 2025HME News Staff
GOLETA, Calif. – Inogen has entered a strategic collaboration with Jiangsu Yutue Medical Equipment & Supply Co. (Yuwell) to broaden its product portfolio through distribution of certain respiratory products in the United States, expand and enhance its innovation pipeline through joint R&D efforts and accelerate its entry into the Chinese market.
As part of the collab, Yuwell, which generated more than $1 billion in revenue in 2023, has also agreed to invest about $27.2 million into...
Inogen accelerates entry in China
January 27, 2025HME News Staff
GOLETA, Calif. – Inogen has entered into a strategic collaboration with Jiangsu Yutue Medical Equipment & Supply Co. (Yuwell) to broaden its product portfolio through distribution of certain respiratory products in the United States, expand and enhance its innovation pipeline through joint R&D efforts and accelerate its entry into the Chinese market.
As part of the collab, Yuwell, which generated more than $1 billion in revenue in 2023, has also agreed to invest about $27.2 million...
In brief: Guthrie taps DASCO, VGM buys SleepGlad, Inogen exceeds guidance
January 15, 2025HME News Staff
CORTLAND, N.Y., and WESTERVILLE, Ohio – Guthrie, which has close to 1,000 primary and specialty care physicians and advance practice practitioners, and DASCO Home Medical Equipment are teaming up on a joint venture to better serve patients, according to a press release.
Per the JV, DASCO will begin management and day-to-day operations of all Guthrie Med Supply Depot locations effective March 1.
“Guthrie’s core business, our mission, is quality patient care,...
Inogen expects to exceed full-year guidance
January 14, 2025HME News Staff
GOLETA, Calif. – Inogen estimates preliminary, unaudited total revenue for the full year 2024 to be in the range of $334.5 million to $335.5 million, reflecting YOY growth of 6% and exceeding the company’s previous full-year guidance of $329 million to $331 million.
The company says its performance was driven by strong, double-digit growth in business-to-business revenue, while it continues to work to stabilize direct-to-consumer revenue with initiatives to enhance overall profitability.
“2024...
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...