Tag: Fisher & Paykel
In brief: ResMed delay, wheelchair overpayments, diabetes acquisition
August 11, 2023HME News Staff
SAN DIEGO – ResMed continues to experience delays synching data from its PAP devices into myAir and AirView, as well as systems that integrate with AirView, the company announced in a status update on Aug. 10.
The company says it recently sent an over-the-air firmware update, significantly increasing the amount of data being sent between its devices and its AirView cloud server, resulting in backlogged and delayed data in myAir and AirView.
“We know how important access...
VGM welcomes Fisher & Paykel as vendor partner
August 10, 2023HME News Staff
WATERLOO, Iowa – VGM & Associates has announced a new partnership with Fisher & Paykel Healthcare. With the addition of Fisher & Paykel Healthcare to the VGM & Associates portfolio of vendor partners, members now have access to F&P’s myAirvo line of products. "By adding myAirvo to our COPD portfolio, we embrace the power of innovation and elevate our commitment to improving respiratory care,” said Boone Lockard, director of VGM Respiratory. “With myAirvo's advanced technology...
Fisher & Paykel receives land purchase approval
April 27, 2023HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare has received approval from the Overseas Investment Office (OIO) to proceed with its acquisition of a 105-hectare site in Karaka, Auckland, where it plans to build a second campus. “We welcome this approval from the OIO,” said Lewis Gradon, managing director and CEO. “We see the Karaka campus as both an important enabler of our growth and a positive addition to an area undergoing exciting change.” Development of the new...
In brief: Home ventilation’s benefits, California’s win, EZ-Access' expansion
July 8, 2022HME News Staff
LAFAYETTE, La. – Viemed Healthcare has published a third peer-reviewed study demonstrating the benefits of non-invasive ventilation at home.
Using 100% research identifiable fee-for-service Medicare claims from 2016 through 2020, researchers found that using NIVH to treat chronic obstructive pulmonary disease with chronic hypercapnic respiratory failure is associated with significant reductions in mortality, hospitalizations and total Medicare costs.
“In addition to...
In brief: Interim president, Cardinal Health expansion, improper PMD payments
June 3, 2022HME News Staff
WATERLOO, Iowa – VGM Group has named Jeremy Stolz, a member of the company’s senior leadership team, as interim president of VGM & Associates.
Stolz, who joined VGM in 2003, has served as president of VGM Fulfillment since 2017.
“Jeremy is a recognized leader in the HME industry,” said VGM CEO Mike Mallaro. “Over his nearly 20-year tenure at VGM, he has been dedicated to developing solutions for our partners, customers, and the patients they serve....
F&P sees increase in home care
May 25, 2022HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel reported total operating revenue of $1.68 billion for the 2022 financial year ended March 31, 2022, down 15% from the previous financial year or 14% in constant currency.
Net profit after tax was $376.9 million, down 28% or 30% in constant currency.
“Over the last two financial years we have supplied $880 million of hospital hardware, the equivalent of approximately 10 years’ hardware sales prior to COVID-19,” said...
In brief: Quipt acquires, Humana divests, F&P debuts
April 22, 2022HME News Staff
CINCINNATI – Quipt Home Medical has acquired Good Night Medical, a business with operations across seven states, for about $7 million in cash.
The acquisition provides Quipt Home Medical with expansion opportunities into Massachusetts, North Carolina and Texas, where it doesn’t have a presence.
“Good Night Medical strengthens our healthcare network across multiple states, enhancing our national coverage sphere over an area that includes about 5 million COPD sufferers...
In brief: Bid surety requirement, ostomy white paper, Inc. 5000
August 20, 2021HME News Staff
WASHINGTON – Medicare’s bid surety bond requirement did not have a negative impact on small supplier participation in Round 2021 of the competitive bidding, says the Government Accountability Office in a new report.
For the report, “Effect of New Bid Surety Bond Requirement on Small Supplier Participation in the Competitive Bidding Program,” the GAO reviewed CMS’ data on supplier bids and contracts, and interviewed two DME trade organizations, including AAHomecare,...
F&P provides FY2022 trading update
August 18, 2021HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported revenue of $583 million for the first four months of its financial year 2022.
Seventy-four percent of that revenue came from F&P’s hospital group during the four-month time period, which ended July 31. Constant currency revenue was 3% below the prior comparable period. This consisted of a 13% decline in hardware sales, partially offset by 2% growth in consumables.
The company’s hospital consumables sales...
‘It’s a perfect storm’: Manufacturers prioritize, allocate orders for CPAP devices
June 25, 2021Liz Beaulieu, Editor
YARMOUTH, Maine – Manufacturers like ResMed and 3B Medical are ramping up production to meet increased demand due to a voluntary recall of millions of Philips CPAP devices, but their efforts are complicated by supply chain and other challenges.
“Yes, we’re ramping up production as quickly as possible, while working closely with our global supplier network to navigate the well-known global supply chain challenges impacting this and other industries,” said Jayme...