Tag: respiratory equipment
Equipment maintenance: Focus on these key metrics
July 9, 2020Jim Worrell
Q. What are the key metrics for respiratory equipment management?A. Most companies serving respiratory patients have hundreds-of-thousands of dollars tied up in their equipment fleet. Proper management of this fleet of ventilators, O2 concentrators, PAP, humidifiers, apnea monitors, etc., can often mean a substantial improvement in operating profits.Of the many metrics involved in respiratory equipment management, which ones are the most important metrics to meaure? Given limited space, let's begin...
Equipment Maintenance: Calculate hidden costs
May 13, 2020Jim Worrell
Q. What are the hidden costs of DIY respiratory equipment service?
A. When you think about servicing your ventilators in-house, O2 concentrators and other respiratory equipment, it seems pretty simple and cost-effective. Just hire a few technicians, order the parts, put them to work and voila! You saved the expense of sending your equipment to an outside service provider.
When you begin to examine the not-so-obvious expenses related to performing these services, you may decide after all to...
Growth spurt at Repair Authority
April 24, 2020Liz Beaulieu, Editor
STRONGSVILLE, Ohio - Repair Authority is building a business in direct-to-patient repairs for respiratory equipment, helping HME providers better serve customers who own their equipment.
CEO Jesse Keirn says about 20% of Repair Authority's business is now direct-to-patient repairs, compared to 0% just two years ago.
“These patients will go to dealers and say, 'Help me,' and it puts the dealer in a challenging position,” he said. “They may not be in the repair business,...
Linde to buy Lincare for $4.6B
June 29, 2012Theresa Flaherty, Managing Editor
CLEARWATER, Fla. - Linde of Germany has offered to buy Lincare for $4.6 billion in a friendly takeover that the provider's board has unanimously approved, according to news reports.Linde will offer a reported $41.50 per share for Lincare, which has a market capitalization of $2.69 billion—more than Air Liquide of France and an unnamed private equity firm that were also rumored to be bidding, according to news reports."It's not exactly a surprising move in that Linde and Air Liquide both understand...
Home Health Depot adds 2,500 patients
April 25, 2012Theresa Flaherty, Managing Editor
INDIANAPOLIS - Home Health Depot continues its growth spurt with the acquisition of RCS Management's respiratory business, it announced April 24.The deal gives Home Health Depot about 2,500 new patients.“We are committed to being the most responsive respiratory and sleep therapy equipment company in the Midwest," stated Nathan Feltman, president of Home Health Depot, in a release.Home Health Depot has seen its respiratory business grow over the past several years, which it credits to investments...