WATERLOO, Iowa—VGM & Associates announced a new vendor partnership with HME360, the only inventory optimization platform leveraging radio frequency identification technology that was built for home medical equipment (HME) providers by HME providers. The company said this partnership expands VGM’s portfolio of solutions aimed at helping members improve operational efficiency, strengthen financial performance and gain greater control over inventory management.
“We’re excited to partner with VGM to bring inventory optimization to its members,” said Bryan Hines, president and co-founder of HME360. “Inventory is one of the largest expenses for HME providers, but it’s also one of the clearest opportunities to unlock growth and margin. When you bring real-time visibility and automation into the process, providers reduce waste, capture revenue that would have been lost and free up cash to reinvest in the business. The margin is already there; it just needs to be realized.”
Through this partnership, VGM members will have access to HME360’s inventory optimization platform, providing a clear path to implement real-time visibility and automation across their organizations. The company said this enables providers to move beyond reactive inventory management and begin using inventory as a lever to improve both operational performance and financial outcomes.as part of a broader effort to help providers move from reactive inventory management to a more strategic, performance‑driven approach.
"Technology that simplifies and automates inventory management is essential for the modern HME provider,” said Nick Dideriksen, vice president of technology for VGM Forbin.