IRVINE, California—Masimo Corporation, a noninvasive monitoring technologies and audio products company, mailed a letter to stockholders regarding its upcoming annual meeting of stockholders, which will be held on Thursday, Sept. 19. The letter highlighted the importance of stockholders’ votes in determining the future of the company and the value of their investment, the company said.
Health Care
LOS ANGELES—Shrivers Hospice has been recognized with the Center of Excellence Award for the Midwest region by The Wound Pros, in recognition of its commitment to wound care and patient service. Shrivers Hospice, a provider based in Ohio, delivers end-of-life care and aims to honor the dignity and individuality of each patient.
VICTORIA, British Columbia—Ok Alone announced the launch of its safety monitoring center service, which provides immediate emergency response to employees across North America.
ST. PETERSBURG, Florida—The direct care workforce, a backbone of the health care industry, is facing unprecedented challenges, as revealed in the newly released 2024-2025 State of the Direct Care Workforce Report by MissionCare Collective.
This report, drawing from extensive data on the well-being of care workers, sheds light on critical issues that industry leaders can no longer afford to ignore, MissionCare said.
WATERLOO, Iowa—VGM & Associates announced the appointment of Adam Miller as the new vice president of government relations.
HAMMOND, Louisiana—North Oaks Rehabilitation Hospital has been added to Newsweek’s 2024 list of America’s best physical rehabilitation centers. Out of the 300 inpatient rehabilitation facilities recognized on the list, North Oaks Rehabilitation Hospital ranks in the top 10 of Louisiana rehabilitation centers.
COLUMBUS, Ohio—Molina Healthcare of Ohio awarded the Center for Community Based Care (CCBC) with a $125,000 grant. CCBC is a nonprofit foundation branch of the Ohio Council for Home Care & Hospice (OCHCH).
NEW YORK—Mercer, a business of Marsh McLennan that helps clients realize their investment objectives, sha
DUBLIN, Ohio—Cardinal Health (CAH) announced the opening of a new distribution center in Greenville, South Carolina, which will focus on its at-Home Solutions business. The new distribution center is expected to add roughly 200 jobs to the region over time. CAH at-Home Solutions provides home health care medical supplies and helps customers across the nation manage their medical supply needs, including those who have chronic or critical medical conditions.
PETERBOROUGH, New Hampshire—SoClean, a bacterial reduction system for continuous positive airway pressure (CPAP) hoses and masks, announced its “SoClean 3+” equipment has been granted de novo clearance by the Food and Drug Administration (FDA). The SoClean 3+, an at-home cleaning device for CPAP hoses and masks, is the only FDA-cleared product intended to reduce bacterial populations on compatible masks and ventilation hoses.
PHILADELPHIA, Pennsylvania—Tendo announced Powerback Rehabilitation, a personalized physical, occupational and speech therapy services provider, as a new partner with Tendo’s care connect and “MDsave” marketplaces. Powerback Rehabilitation to You—the program Powerback will offer through Tendo—will enable individuals to recover in their own home. It will offer flexible scheduling, customized therapy plans and comprehensive support.
SASKATCHEWAN, Canada—The new Watson long-term care home is progressing to the pre-design phase. A business case has been completed for this project, and the government of Saskatchewan has released a request for proposals to find a qualified project manager and owner's representative team to provide project management and design services for the future Watson long-term care home.
PLYMOUTH MEETING, Pennsylvania—AdaptHealth Corporation (AHCO), a patient-centered, home health solutions provider, appointed Scott Barnhart as the new chief operating officer, effective Sept. 23.
NEWARK, New Jersey—A Connecticut man has admitted his role in a multimillion-dollar durable medical equipment (DME) health care fraud and kickback scheme, announced U.S. Attorney Vikas Khanna.
CARY, North Carolina—The Accreditation Commission for Health Care, Inc. (ACHC) has launched two new specialty credentials: the distinction in age-friendly care for home health and hospice, and the distinction in outcomes for home health. The addition of these credentials aims to further ACHC’s commitment to set quality standards for home-based care services, the company said.
BRONX, New York—Essen Health Care has been selected by the Centers for Medicare and Medicaid Services (CMS) to participate in the “Guiding an Improved Dementia Experience” (GUIDE) model, a new Medicare alternative payment model. This model is designed to enhance care coordination and provide support to people living with dementia and their caregivers.
WASHINGTON—LeadingAge, a nonprofit and mission-driven provider of aging services, announced David Gehm as the 2024 Award of Honor recipient. This accolade recognizes Gehm, president and chief executive officer (CEO) of Wellspring Lutheran Services, for his leadership, commitment to community services and advancement of care quality for older adults.
TORONTO, Ontario—Therma Bright Inc., a developer and investment partner in proprietary diagnostic and medical device technologies, announced it's Venowave VW5 has received the permanent health care common procedure coding system (HCPCS) code from the Centers for Medicare and Medicaid Services (CMS).
In 2016, medical device giant Abbott issued a recall for its MitraClip cardiac device—“a Class I recall, the most serious type,” the FDA said.
“Use of this device may cause serious injuries or death,” an FDA notice about the recall said.
DUBLIN, Ohio—Cardinal Health reported its fourth quarter fiscal year 2024 (FY24) revenues of $59.9 billion, an increase of 12% from the prior year. GAAP operating earnings were $401 million and GAAP diluted earnings per share (EPS) were $0.96. Non-GAAP operating earnings increased 14% to $605 million, driven primarily by segment profit increases in global medical products and distribution (GMPD) and pharmaceutical and specialty solutions.
BOULDER, Colorado—nVoq Inc., a transformative technology and AI-enabled voice-to-text solutions company serving in-home health care agencies, announced its launch of the nVoq Mobile Voice for iOS. The application provides caregivers with a purpose-built solution to transform documentation, an essential part of clinical practice.