Tag: Inspire Medical
Inspire Medical names chief medical officer
August 1, 2023HME News Staff
MINNEAPOLIS – Inspire Medical Systems has added Charisse Y. Sparks, MD, as its chief medical officer. She will be a member of the company’s executive leadership team and will lead its medical and clinical affairs functions, reporting to Tim Herbert, president and CEO. “We are excited to add Dr. Sparks, a board-certified physician with extensive business and leadership experience, to our executive team,” said Tim Herbert, President and Chief Executive Officer of Inspire Medical...
Inspire Medical sees significant growth in Q4
January 10, 2023HME News Staff
MINNEAPOLIS – Inspire Medical, the maker of an FDA-approved neurostimulation device to treat obstructive sleep apnea, expects revenue of $137.5 million to $137.9 million for the fourth quarter of 2022, about a 76% increase year over year. It expects revenue for the full year to be $407.5 million to $407.9 million, about a 75% increase compared to 2021. “We are very pleased with our strong preliminary revenue performance in the fourth quarter primarily driven by higher utilization at existing...
Inspire Medical raises $37M for sleep apnea device
November 17, 2016HME News Staff
MAPLE GROVE, Minn. - Inspire Medical Systems has accumulated $37.5 million in venture funding as it prepares to increase sales of its pacemaker-sized, implantable device used to treat sleep apnea. New York-based investor Amazak Health led the round of funding, CEO Tim Herbert told the Minneapolis/St. Paul Business Journal. Previous investors, including OrbiMed Advisors and Medtronic, also participated in the round. The company received $12.5 million a few weeks ago and will get the rest next year....