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Revenue (Tables)
6 Months Ended
Jun. 30, 2024
Revenue  
Summary of revenue disaggregated by product

Three Months Ended

Six Months Ended

June 30,

June 30,

(In thousands)

    

2024

2023

2024

2023

Revenue

Lymphedema products

$

64,683

$

59,999

$

116,996

$

109,751

Airway clearance products

8,535

8,340

17,310

17,434

Total

$

73,218

$

68,339

$

134,306

$

127,185

Percentage of total revenue

Lymphedema products

 

88%

 

88%

 

87%

 

86%

Airway clearance products

12%

12%

13%

14%

Total

 

100%

 

100%

 

100%

 

100%

Summary of revenue by channel

Three Months Ended

Six Months Ended

June 30,

June 30,

(In thousands)

    

2024

2023

2024

2023

Private insurers and other payers

$

44,066

$

36,499

$

75,343

$

61,924

Veterans Administration

8,071

7,121

14,897

12,944

Medicare

12,546

16,379

26,756

34,883

Durable medical equipment distributors

8,535

8,340

17,310

17,434

Total

$

73,218

$

68,339

$

134,306

$

127,185

Sales-type lease revenue and the associated cost of goods sold

Three Months Ended June 30,

Six Months Ended June 30,

(In thousands)

2024

2023

2024

2023

Sales-type lease revenue

$

8,951

$

8,537

$

16,732

$

14,592

Cost of sales-type lease revenue

 

2,852

 

3,175

 

5,567

 

5,911

Gross profit

$

6,099

$

5,362

$

11,165

$

8,681