Following on from their entry into the home healthcare business through their acquisition of Respironics, Philips has now acquired Medel, a leading aerosol therapy business based in Italy. As a bonus they also get an established manufacturing base in Guangdong, China. According to CEO Don Spence: Philips Home Healthcare Solutions CEO Don Spence, who in [...]
Tag Archives | respironics
Respironics – Philips Is Not Going Direct To The Consumer
With the uncertainties of the new onslaught of Medicare cuts on respiratory equipment and the growing opacity and dynamism in the customer supply channel, Donald Spence, CEO at Philips Home Healthcare Systems has issued a statement putting paid to “rumors” that they – in effect – were “going direct” to consumers. Rumors had been fueled [...]
Sunrise Medical Divests Patient Aid (Guardian) Business To Medline – What’s Next
Sunrise announced that they have divested their US and South America Guardian business. (by the way the Guardian brand was never strong in their European business). Sunrise CEO Michael N. Cannizzaro said: For Sunrise Medical this is an important step in our strategy of being the industry’s leading Mobility and Seating Company. We will work [...]
Innovation At Respironics – Direct Consumer Shipping
New consumer company parent Phillips will no doubt be pleased with the recently announced direct ship to consumer program that Respironics has instituted in the United States for several of it’s obstructive sleep apnea consumables. Full details are available from their sleepapnea site which lists their business provider services. The service provides suppliers the opportunity [...]
Resmed – First Linde Then CNBC And Jim Cramer
You will recall two days ago the market noise that Resmed was about to be picked up by German Linde. We blogged about it here. Now CNBC’s Jim Cramer talked about them benefiting from the potential reversal or low impact of competitive bidding. (I don’t think competitive bidding will be substantially reversed just to be [...]
Would a Linde Acquisition Of Resmed Make Sense?
(Update below) Or perhaps, why has it taken so long. The homecare market has several business segments, ranging from care services to ambulatory home dialysis, lower value home patient aids, wheelchairs as well as higher margin and faster growing segments like respiratory and diabetic care. One of these segments is sleep therapy. Sleep apnea is [...]
The Worldwide Homecare Industry Takes A Double Hit – USA And Germany.
Hundreds of millions of dollars (euros) are about to be shaved off the homecare market as new government heathcare restructuring is implemented in arguably the worlds largest and most profitable homecare countries – the United States and Germany. Several other countries also have programs to restructure (read save money) largely at the expense of industry. [...]
US Homecare Industry Update – Lots of News Today
New RAMP report and Invacare, Respironics and Apria announce latest quarter earnings: A new RAMP report has just been issued by the Power Wheelchair Industry: Here’s the headline: Government Data Refutes CMS Claims that Utilization of Mobility Benefit Is on the Rise – Utilization Sharply Declined Since 2003; No Support for CMS Claims of Increases. [...]
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