BIRMINGHAM, Alabama (August 19, 2021)—A surge in demand for sleep and respiratory devices in the wake of a Philips Respironics recall has created “an unprecedented increase in demand” for Resmed devices, the company’s CEO said—but supply chain and freight limitations are making it hard for the company to keep up. Nonetheless, the company could realize $300 million-$350 million in unplanned additional revenue in fiscal year 2022, he said.
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PHOENIX, Arizona (July 14, 2021)—Home medical equipment providers may need to wait as long as a year before the situation is back to normal on Philips Respironics CPAP devices, which have been put on hold due to a nationwide recall, according to the American Association for Homecare.
ORLANDO, Florida (July 1, 2021)—OxyGo LLC, a provider of lightweight portable oxygen equipment, is celebrating helping more than 1 million lives. The company will host a series of exciting events throughout the year to share with its providers and employees this impressive milestone and the challenges it took to reach this point, while looking forward to future opportunities.
WASHINGTON, D.C. (January 14, 2021) -- The Centers for Medicare & Medicaid Services (CMS) issued a final rule on Tuesday that propels innovative technology so Medicare beneficiaries have access to the latest, most advanced devices. The action is designed to help smooth the Medicare coverage pathway for innovative products, resulting in faster access to new devices for America’s seniors.