CINCINNATI—Quipt Home Medical Corporation, a home medical equipment, in-home monitoring and disease management services provider, released its fourth quarter (Q4) and fiscal year (FY) 2024 financial results and operational highlights. These Q4 results took place over the course of three months, with the quarter ending on Sept. 30, 2024.
MIDDLEBURY, Connecticut—O2 Concepts, a portable oxygen concentrator (POC) solutions company, announced the appointment of Paul Miller as executive vice president (VP) of sales. With more than 20 years of experiences in sales and leadership in the home medical equipment (HME) industry, Miller aims to elevate O2 Concepts' sales strategies, industry engagement and customer relationships.
GERMANTOWN, Maryland—The HealthWell Foundation, an independent non-profit organization that provides financial assistance for underinsured Americans, announced it has opened a new fund that aims to assist with out-of-pocket costs for cancer homecare services and durable medical equipment (DME).
NEW YORK—Integra Partners, a durable medical equipment, prosthetic and orthotic supplies (DMEPOS) services company, announced the expansion of their relationship with DMEscripts, an e-prescribe platform focused on durable medical equipment (DME) ordering, through its Integra Partners Group Purchasing Organization (GPO).
ARLINGTON, Virginia—The Centers for Medicare and Medicaid Services (CMS) released its consumer price index for all urban consumers (CPI-U) adjustment updates for calendar year (CY) 2025 durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) fee schedules, the American Association for Homecare (AAHomecare) released in a recent newsletter to members.
CALABASAS, California—Nationwide Medical, a national provider of home medical equipment (HME) and clinical services, announced a partnership with Heritage Group, a health care-focused private equity firm.
TORRANCE, California—Caring Transitions, a provider of senior relocation, downsizing and estate sale services, announced the expansion of its Caring Transitions South Bay/Palos Verdes (PV) franchise.
ARLINGTON, Virginia—The American Association for Homecare (AAHomecare), a nonprofit organization advocating for home medical equipment (HME) services and supplies policies, announced a new HME benefit for provider members, the company wrote in a recent newsletter to members. The benefit, AAHomecare payer transparency portal, is set to launch in January.
CAMBRIDGE, England—Inotec AMD, a medical equipment manufacturer, announced the close of its $33 million Series C financing round. The company said this funding—led by investors Amadeus Capital Partners, Meltwind, Puhua Capital and the Wealth Club—intends to further its mission to heal chronic wounds and improve patients’ lives on a global scale.
ARLINGTON, Virginia—The American Association for Homecare (AAHomecare), a nonprofit organization advocating for home medical equipment (HME) services and supplies policies, announced that nominations have opened for its Van G. Miller Homecare Champion Award.
GOTHENBURG, Sweden—Mölnlycke Health Care, a Swedish medical technology company, announced Guillaume Joucla has been appointed as the company’s new chief financial officer (CFO). Joucla will take office as CFO and member of the company’s executive leadership team in January.
NEW YORK—Eddii, a health technology company that focuses on diabetes management solutions, announced the launch of its new virtual diabetes care platform, eddii-Care for Adults. The platform, which is for adults living with type one or type two diabetes, has launched in eight states: California, Illinois, Maryland, New Jersey, New York, Oregon, Texas and Washington.
WASHINGTON—The Independence Through Enhancement of Medicare and Medicaid (ITEM) Coalition, a patient and disability advocacy group, has sent a letter to Congress urging Congressional leadership to include the 75-25 blended relief rate in its year-end legislative package, the American Associaton for Homecare (AAHomecare) wrote in a recent e-newsletter to members.
EL PASO, Texas—Edelmira Marquez, owner of durable medical equipment company Marquez Medical Supply in El Paso, Texas, was sentenced to 60 months in prison after pleading guilty to conspiracy to commit health care fraud. In addition to her imprisonment, Marquez has been fined $20,000 and ordered to pay more than $1.7 million in restitution to Medicaid.
PLYMOUTH, Minnesota—Nonin Medical, a manufacturer of wearable and noninvasive medical monitoring devices, announced its first FDA-cleared over-the-counter (OTC) fingertip pulse oximeter, the “TruO2.” The device intends to provide accurate readings on adults of all skin tones, empower patients and health care professionals with accurate measurements and allow for better informed health care decisions.
DURYEA, Pennsylvania—Pride Mobility, a designer and manufacturer of mobility products, announced the launch of two new mobility devices: the “Jazzy Ultra Light” power wheelchair and the “Go Go Super Portable” scooter. Additionally, the company released its “Charge360” technology, a battery charger that magnetically connects to the Go Go Super Portable.
WATERLOO, Iowa—VGM Group Inc., a service provider in post-acute health care industry, announced that its chief financial officer (CFO), Barb Anderson, and president, Lindy Tentinger, have been named among the 2024 top 50 women leaders of Iowa by Women We Admire—a periodical publishing company that provides news and information on today's wo
MELVILLE, New York—Henry Schein Inc., a provider of health care solutions to office-based dental and medical practitioners, announced it will acquire Acentus, a national medical supplier specializing in the delivery of continuous glucose monitors (CGM).
LOUISVILLE, Kentucky—LogicMark Inc., a provider of personal emergency response systems, health communication devices and technology, announced the launch of Freedom Alert Max, a new portable medical alert device. The device aims to offer new features and improvements for the alert device industry, such as medication reminders and fall detection algorithm.
AKRON, Ohio—Miller’s Rental and Sales, a full-service health care products company serving Northeast Ohio, recently celebrated its 75th anniversary. The company said as it celebrates its 75th anniversary, employees are reflecting on a legacy of innovation and family values, while looking forward to continued growth and commitment to clients and their families.
AMSTERDAM—Philips released updated instructions for multiple ventilators, due to the risk of inaccurate flow measurements caused by in-line nebulizer placements, the Food and Drug Administration (FDA) released in a statement. The FDA said this recall—or correction—involves updating instructions for using devices, rather than removing them from where they are used or sold.
FORT MYERS, Florida—Merits USA, a provider of power wheelchairs, scooters and stairlifts, announced the appointment of Andrew Maskery as its new president. Maskery, the company’s current VP of finance, will succeed Mike Laiman in the position beginning in January.
