Inogen Announces Divestiture of U.S. Oxygen Rental Business to Rotech Healthcare

Read full press release:
https://investor.inogen.com/news-events/press-releases/detail/267/inogen-announces-divestiture-of-its-u-s-oxygen-rental

 

Inogen continues to evolve to deliver greater access to its oxygen concentrator devices and better serve the respiratory needs of patients. Inogen will continue to develop, manufacture, and provide market-leading POCs worldwide. Following this transaction, Inogen will operate through a simpler, more focused business model designed to improve patient access, deliver faster growth and improved profitability. Inogen will continue to leverage its core competencies in respiratory innovation, while collaborating with leading home medical equipment providers to expand patient access to Inogen products. Inogen remains committed to its mission to support patients, healthcare providers and distributors by providing patients continued access to Inogen products through both DME providers and its legacy cash-pay direct-to-consumer channel.

 

Will existing Inogen patients have the opportunity to choose their DME Provider?

Inogen is committed to optimizing patient access to its market-leading oxygen concentrators and ensuring a seamless patient transition experience. As part of the transaction, existing Inogen insurance/rental patients can either choose their preferred DME supplier and notify Inogen, or have their records transferred to Rotech Healthcare. Our customer care team will be standing by to help facilitate a smooth transition process.

 

Will new-to-therapy patients have the opportunity to choose their DME Provider?

This transaction will be great news for patient access moving forward. Prospective Inogen oxygen concentrator patients will have the option to start on Inogen products via insurance coverage through their DME provider of choice or make a cash purchase directly from Inogen through our direct-to-consumer channel.

 

How will this impact my relationship with Inogen?

We’re looking forward to working with you to improve home respiratory care. You can still rely on our high-quality devices that will now be available through a simpler, more focused business model focused on optimized patient access while collaborating with leading home medical equipment providers to deliver a superior patient experience. This transaction will enable Inogen to continue to leverage its core competencies in respiratory innovation to address patient’s respiratory care needs.

 

How will this support my experience with prescribers moving forward?

Physicians will still have the ability to prescribe and request Inogen devices by name. Patients will continue to have the choice to purchase directly through Inogen’s direct-to-consumer channel or work with the DME provider of their choice if they’d like to utilize their insurance.  

How does this affect how I prescribe Inogen products to new supplemental oxygen users?

This transaction will be a positive step forward for patient access. Physicians will still be able to request Inogen devices by brand name. Patients will continue to have the choice to purchase directly through the Inogen DTC channel or work with the DME provider of their choice using their insurance. Inogen will operate through a simpler, more focused approach and continue to leverage its core competencies in respiratory innovation to deliver its high-quality portable oxygen concentrators and related products.

 

How does this impact my patients who are currently using Inogen oxygen?                             

There will be no change for existing Inogen oxygen concentrator users until the divestiture closes which we anticipate with happen in the fourth quarter this year. After the transaction closes, for all of the patients that do not select another provider, we will transition the assets and records to Rotech Healthcare and Rotech will assume responsibility for servicing the transferred patient population.

Patients will be notified to transition their service to Rotech Healthcare or choose their preferred DME supplier and notify Inogen.

 

How will this impact my DME relationships when I prescribe Inogen products going forward?            

This transaction will be a positive step forward for patient access. You will still be able to request Inogen devices by brand name. This new business model for Inogen will provide patients with access to Inogen products through either the Inogen direct-to-consumer channel or through the DME provide of their choice if utilizing their own insurance coverage.

What does this announcement mean to me?

This transaction will be great news for patient access moving forward. Prospective Inogen oxygen concentrator patients will have the option to start on Inogen products via insurance coverage through their DME provider of choice or make a cash purchase directly from Inogen through our cash-pay direct-to-consumer channel.  

 

Can Inogen check my insurance eligibility?

As part of the exit from the oxygen DME business,  Inogen will no longer provide oxygen therapy equipment or supplies through insurance rental arrangements, including Medicare. Prospective Inogen oxygen concentrator patients will have the option to start on Inogen products via insurance coverage through their DME provider of choice or make a cash purchase directly from Inogen through our direct-to-consumer channel.  

 

Where can I buy Inogen supplies accessories?               

As part of the exit from the oxygen DME business, Inogen will no longer provide oxygen therapy equipment or supplies through insurance rental arrangements, including Medicare. Inogen accessories can be purchased online at Inogen.com or via Boxout on Amazon.com. For oxygen concentrator systems, patients can make a cash purchase directly from Inogen through our direct-to-consumer channel.  

 

Who should I call if I have a question about my device?

Inogen will continue to provide product support and troubleshooting for Inogen devices. To learn more, call our customer support team at 855-694-6643

 

Will I still be able to obtain Inogen products or upgrade my device?               

Inogen will continue our commitment to patients by providing direct payment and financing options for devices and accessories.

 

If I obtained my Inogen concentrator via insurance, who will service my device?

As part of the exit from the oxygen DME business, Inogen will no longer provide oxygen therapy equipment or supplies through insurance rental arrangements, including Medicare. If you obtained your device through an insurance rental agreement, Inogen will provide service on rental devices until your agreement is transferred to Rotech or the DME of your choice, which you will be receiving updates on from the provider. Inogen will continue to service devices that users purchased directly.

 

Will my insurance coverage be affected?             

As part of the exit from the oxygen DME business, Inogen will no longer provide oxygen therapy equipment or supplies through insurance rental arrangements, including Medicare. Patients will be notified to transition their service to Rotech Healthcare or choose their preferred DME supplier and notify Inogen.

Prospective Inogen oxygen concentrator patients will have the option to start on Inogen products via insurance coverage through their DME provider of choice or make a cash purchase directly from Inogen through our direct-to-consumer channel.  

 

Where can I buy replacement parts, such as a battery or columns?

As part of the exit from the oxygen DME business, Inogen will no longer provide oxygen therapy equipment or supplies through insurance rental arrangements, including Medicare. Inogen accessories can be purchased online at Inogen.com or via Boxout on Amazon.com

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Inogen Announces Divestiture of U.S. Oxygen Rental Business to Rotech Healthcare