Tag: Home Respiratory Equipment

LAFAYETTE, La. – M&A and MA were hot topics during a recent Viemed earnings call, as company execs outlined what they see as key opportunities for growth going forward.  Viemed’s recently announced acquisition of Tennessee-based Home Medical Products, a large regional provider of respiratory solutions, kicks off the company’s acquisition growth initiatives – a priority for the year ahead, say execs. HMP, which currently serves more than 44,000 patients in Tennessee,...

LAFAYETTE, La., - Viemed Healthcare, Inc. will acquire Tennessee-based Home Medical Products, Inc., a large regional provider of respiratory focused home medical solutions.  “We are incredibly excited to complement our strong history of organic growth by combining great teams through accretive transactions” said Casey Hoyt, Viemed CEO. “The purchase of HMP will launch our acquisition growth initiatives with a stellar organization that has an extraordinary reputation with...

MUNDELEIN, Ill. – Medline has started adding more complex products to its respiratory portfolio, starting with the Flight 60 ventilator.  The company became the exclusive distributor for the Flight 60, made by Flight Medical Innovations, in the first quarter. Paul Miller, director of business development for HME, described the product as an invasive and non-invasive vent that’s transportable, durable and can be used on a wide range of patients, from infants to bariatrics.  “If...

WASHINGTON – With a “massive” number of patients starting on home respiratory therapy during the COVID-19 pandemic, the Council for Quality Respiratory Care is renewing its call for a transition period to ensure those patients don’t lose access when the public health emergency ends on May 11, says the Council for Quality Respiratory Care.  While providers are ready to move past the pandemic, much of that readiness depends on any guidance CMS provides, especially for...

ST. LOUIS, Mo. – Responsive Respiratory says it is committed to providing cylinders and valves compatible with the HomeFill system, despite Invacare’s decision to exit the respiratory market by the end of the year. “We stand committed to servicing the needs of oxygen providers,” said Steve Bannon, RRI president. “The departure of Invacare in the respiratory market leaves a tremendous gap for providers utilizing the HomeFill compressor. Rather than decommissioning units...

YARMOUTH, Maine – Invacare’s decision to discontinue production of respiratory products by the end of this year will leave a gaping hole in the market, according to the respondents to a recent HME Newspoll.  “It’s actually devastating, when 85% or more of our oxygen concentrators are Invacare and I have a staff that knows how to work on them,” wrote one poll respondent.  Eighty- five percent of respondents to the poll reported carrying Invacare respiratory...

ELYRIA, Ohio – Geoffrey Purtill says the decision to discontinue respiratory products is proof that Invacare is willing to take “decisive action” to turn around the company.  Invacare announced, as part of its financial results for the third quarter, that it will discontinue respiratory products, including HomeFill and stationary and portable oxygen concentrators, in the fourth quarter.  “We are committed to taking necessary and decisive action to accelerate...

CHICAGO – Advent Home Medical, a portfolio company of New Harbor, has acquired Aeratech Home Medical, a provider of home respiratory care and respiratory equipment technology.   Aeratech was founded in 1999 by Roy Neely, a respiratory therapist who wanted to reduce prolonged hospital stays for patients with complex respiratory conditions. Today, it serves approximately 1,000 patients through nine offices across Ohio and Indiana.   “This partnership is a perfect fit,”...

BALL GROUND, Ga. – CAIRE has tapped Strongsville, Ohio-based Repair Authority, an HME repair company, to become part of the company’s Authorized Service Center network. Through this new agreement, Repair Authority will be able to support CAIRE customers with in-warranty repairs, which is critical support needed by some of the largest HME providers. “We’re honored to have been selected by CAIRE as an authorized service provider for its stationary and portable oxygen concentrator...

PLYMOUTH MEETING, Pa. – Sleep therapy was the “big news” for AdaptHealth in the second quarter, with the company beating its expectations, says CEO Stephen Griggs.  “Our census is up 16% from February 2022 when it hit its lowest level since the Philips recall began,” said Griggs on an earnings call. “While we do not expect Philips to be back in the market any time before early 2023, the increased production we have started to see from other suppliers has...