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HME News 07/08/2020 13:02
07/08/2020. HME News Staff. NASHVILLE, Tenn. – National Seating & Mobility has acquired PG Surg Med, a regional mobility provider with locations in Prince George, Kelowna, Kamloops and Vernon, British Columbia. It’s NSM’s third acquisition in British Columbia, but its first entry into the Northern Region of the province. "The acquisition positions NSM as the largest provider of mobility solutions in British Columbia," the company stated in a press release.
HME News 07/07/2020 11:02
07/07/2020. HME News Staff. RALEIGH, N.C. – North Carolina Gov. Roy Cooper on July 2 signed Bill 808, including a provision creating a rate floor for durable medical equipment. The , a year in the making by groups like ACMESA and AAHomecare, prohibits managed care organizations from setting rates below the state’s Medicaid fee-for-service rates for DME. "ACMESA's strong relationship with AAHomecare enabled us to learn from the problems experienced in other states as they rolled out their MCO programs," said Craig Rae, ACMESA president.
HME News 07/02/2020 12:27
‘We’re beginning to see a surge, and we don’t know what the fall and winter will bring’. 07/02/2020. Liz Beaulieu. WASHINGTON – There’s no crystal ball, but after two meetings with high-level CMS officials in late June, industry stakeholders feel there could be a chance the agency pauses Round 2021 of competitive bidding. Stakeholders have made the case that the bids providers submitted last year no longer hold up amid and other issues raised by the coronavirus pandemic, and that the agency should delay the start of the program for one year or through the public health emergency, whichever is longer. “(CMS) is much more open now than they were before to pausing (Round 2021),” said Seth Johnson, senior vice president of government affairs for P.
HME News 07/02/2020 12:24
07/02/2020. Liz Beaulieu. IRVINE, Calif. – Fisher & Paykel Healthcare’s Optiflow nasal high flow therapy has gained traction as a preferred treatment for COVID-19, as hospitals move away from an "early intubation and mechanical ventilation" mentality, company officials say. "As this pandemic has evolved, nasal high flow therapy, and in particular our Optiflow system, has steadily gained increasing acceptance," said Lewis Gradon, managing director and CEO during a recent call to discuss the company’s latest .
HME News 07/02/2020 12:20
07/02/2020. Theresa Flaherty. LAKE FOREST, Calif. – A global pandemic wasn’t exactly a consideration in the company’s contingency plans, but as it celebrates its 25th anniversary, Apria Healthcare CEO Dan Starck says it has always paid to be prepared. The company began monitoring the pandemic early on and by the time the severity of it became clear in mid-March, Apria switched into high gear, increasing its inventory of PPE and moving 60% of employees to work from home in one to two weeks. "There were people who thought we were doing the right thing and people who thought we were overreacting," Starck said. Apria was formed in 1995, when Homedco Group and Abbey Healthcare merged.
HME News 07/02/2020 12:18
07/02/2020. Theresa Flaherty. NEWTOWN, Pa. – Over her 25-year career, Samantha Lincoln has built a “varied and colorful” resume that includes launching her own investment firm and serving as director of business development for Pacific Pulmonary Services, where she assisted with its sale to Teijin Ltd. Lincoln, who was recently named a managing director at Paragon Ventures, spoke with HME News about her new role and the perspective she offers to buyers and sellers. HME News: What are you focused on in your new role at Paragon Ventures? Samantha Lincoln: We’re focused on strategic transactions for owners—companies that are looking to grow through strategic partners, capital partners or recapitalizations. HME: How does your experience working a.
HME News 07/02/2020 12:14
A number of provisions are tied to PHE, including Medicare’s 25/75 blended reimbursement rates for non-rural, non-bid areas. 07/02/2020. HME News Staff. WASHINGTON – It appears the Department of Health and Human Services will extend the current public health emergency. Both AAHomecare and the VGM Group have pointed to a June 29 tweet posted by Michael Caputo, HHS assistant secretary for public affairs, that said: "HHS expects to renew the public health emergency due to COVID-19 before it expires.
HME News 07/01/2020 10:28
Number of provisions are tied to PHE, including Medicare’s 25/75 blended reimbursement rates for non-rural, non-bid areas. 07/01/2020. HME News Staff. WASHINGTON – It appears the Department of Health and Human Services will extend the current public health emergency. Both AAHomecare and the VGM Group have pointed to a June 29 tweet posted by Michael Caputo, HHS assistant secretary for public affairs, that said: "HHS expects to renew the public health emergency due to COVID-19 before it expires.
HME News 06/30/2020 12:55
06/30/2020. HME News Staff. IRVINE, Calif. – Fisher & Paykel Healthcare reported operating revenue of $1.26 billion for its fiscal year ended March 31, 2020, an 18% increase compared to 2019 or a 14% increase in constant currency. It reported net profit after tax of $287.3 million, a 37% increase in 2020 vs. 2019 or 30% in constant currency. The increase in revenue was largely driven by growth in the use of F&P’s Optiflow nasal high flow therapy, demand for products to treat COVID-19 patients and strong hospital hardware sales throughout the course of the year. "The 2020 financial year was already on track to deliver strong growth before the coronavirus impacted sales," said Lewis Gradon, managing director and CEO.
HME News 06/26/2020 12:29
There are fewer providers to serve more patients, amid a pandemic that has increased demand. 06/26/2020. Theresa Flaherty. YARMOUTH, Maine – Medicare’s competitive bidding program has decimated their ranks over the past 10 years and now those HME providers that are left are in the middle of a pandemic and facing Round 2021. The industry has seen a significant decline in providers nationwide since the bid program debuted in 2011, ranging from 48% in Illinois and Arizona to 13% in Maine and Alaska, according to the VGM Group. "Reimbursement cuts from bidding have made it almost impossible for providers to provide products at any kind of profitable margin," said Ron Evans, co-founder and CEO of Mesa, Ariz.-based Valley Healthcare.
HME News 06/26/2020 12:27
06/26/2020. Theresa Flaherty. YARMOUTH, Maine – New tools aim to reduce the guesswork when it comes to helping sleep apnea patients get the right masks and maintain compliance, say CPAP providers. in May launched ResMed MaskSelector to create personalized mask recommendations based on a patient’s sleep attributes and facial measurements; last year launched Philips Mask Selector to leverage 3D technology to find the best mask fit. "(These tools are) tremendously valuable," says Brad Heath, director of operations for Dunn, N.C.-based Family Medical Supply.
HME News 06/26/2020 12:21
06/26/2020. Liz Beaulieu. ATLANTA – GF Health Products has significantly increased the weight capacity of its bariatric product line with its acquisition of Gendron in June, says President and CEO Ken Spett. Gendron has a number of products with 1,000-pound weight capacities, including beds, patient lifts, transport stretchers and patient commodes. “It bumps us up, in many cases, to double the weight limit that we’ve had in the past,” he said. Gendron, which has been in the “mobile patient management business” since 1871, will remain a line in the Graham-Field portfolio, which also includes Lumex, Everest & Jennings and Hausted. It’s Gendron’s longevity in the bariatric market that convinced Graham-Field to acquire the company, instead of jus.
HME News 06/26/2020 12:19
06/26/2020. Liz Beaulieu. WASHINGTON – RESNA officials say there’s both "excitement and trepidation" around hosting their first virtual conference in September. The organization and its leadership decided to move forward with a virtual conference because they knew not having a conference at all would leave a gaping hole for assistive technology professionals. "The people who go to this conference—it holds a special place in their hearts," said Andrea Van Hook, interim executive director of RESNA.
HME News 06/26/2020 12:16
06/26/2020. HME News Staff. WASHINGTON – Older Americans and those with chronic health conditions are at the highest risk for COVID-19, according to released by CMS last week. The data confirms long-understood disparities in health outcomes for racial and ethnic minority groups, and among low-income populations, the agency says. "The disparities in the data reflect long-standing challenges facing minority communities and low income older adults, many of whom face structural challenges to their health that go far beyond what is traditionally considered ‘medical,’" said CMS Administrator Seema Verma. More than 325,000 Medicare beneficiaries had a diagnosis of COVID-19 between Jan. 1 and May 16, 2020, according to the data.
HME News 06/26/2020 11:12
06/26/2020. HME News Staff. WASHINGTON - AAHomecare has joined 17 other health care organizations in sending a to Congress asking them to fix a taxation penalty embedded in the CARES Act. The organizations say, without a correction, tax-paying health care providers lose at least 21% of the benefit of relief funds related to the coronavirus pandemic. "Clawing back one-fifth of the CARES Act relief will only magnify pressures for the HME community and other health care providers," said Tom Ryan, president and CEO of AAHomecare.
HME News 06/25/2020 10:13
06/25/2020. HME News Staff. WASHINGTON – AAHomecare says it has seen a strong increase in the number of companies supporting the association at the corporate partner level. American Medical Technologies joined the association in March as a platinum corporate partner, and Apria Healthcare and McKesson have both increased their support to that level, brining the total number of platinum corporate partners to seven. "We appreciate the investment that every one of our members is making in AAHomecare," said Tom Ryan, president and CEO.
HME News 06/23/2020 12:51
06/23/2020. HME News Staff. WASHINGTON – Older Americans and those with chronic health conditions are at the highest risk for COVID-19, according to data CMS this week. The data confirms long-understood disparities in health outcomes for racial and ethnic minority groups, and among low-income populations, the agency says. "The disparities in the data reflect long-standing challenges facing minority communities and low income older adults, many of whom face structural challenges to their health that go far beyond what is traditionally considered ‘medical,’" said CMS Administrator Seema Verma. More than 325,000 Medicare beneficiaries had a diagnosis of COVID-19 between Jan. 1 and May 16, 2020, according to the data.
HME News 06/19/2020 13:38
06/19/2020. HME News Staff. WATERLOO, Iowa – The HME industry has weathered its share of hardships and the current COVID crisis is no exception. But, as “first responders,” providers will get through this too, VGM’s Mark Higley said in the kick-off last week to Heartland at Home. “You had challenges, supply shortages, the protocols are all different,” said Higley, vice president of regulatory affairs. “I acknowledge the decrease in elective procedures, but it’s my opinion there will be pent up demand—you’ll see some growth and growth in the valuation of your business.”His remarks were made during the opening session, "HME in the Post-Pandemic Era: Analysis & Commentary.” The virtual event takes place June 15 through July 10, and features fiv.
HME News 06/19/2020 13:36
But they report ‘strong increases’ in June. 06/19/2020. Liz Beaulieu. YARMOUTH, Maine – How much a provider’s referral stream has been impacted by the coronavirus pandemic is very much tied to its business model, according to the results of the recent HME Newspoll. HME companies with an emphasis on retail and sleep therapy have been more likely to be negatively impacted by the pandemic, the poll found. "We have seen the complete collapse of our retail, walk-in traffic," wrote one respondent.
HME News 06/19/2020 13:34
06/19/2020. Tracy Orzel. WATERLOO, Iowa – To commemorate the 30th anniversary of the Americans with Disabilities Act, VGM & Associates, U.S. Rehab and NCART have released a video featuring longtime champion and lead sponsor of the act, retired Sen. Tom Harkin. The Harkin Institute for Public Policy & Citizen Engagement was established in 2013 to continue to catalyze change on issues of social justice, fairness and opportunity. “Having him speak to the CRT policies that are needed helps set the stage for us to have those more detailed conversations, whether it be on a federal or state level,” said Don Clayback, executive director of NCART. The five-week campaign, which is symbolic of the five titles of the ADA, will also feature additional cli.

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