WALTHAM, Massachusetts (September 13, 2022)--Great Elm Group, Inc. saw adjusted earnings for its durable medical equipment (DME) business grow 37% in fiscal 2022 compared to the previous year, according to its earnings report for the fourth quarter and the full year ended June 30, which were announced September 13.
HomeCare News
ROOSEVELT, Utah (September 9, 2022)--Canyon Home Care & Hospice, a leading home health and hospice provider in the Intermountain West, has announced the acquisition of Uintah Basin Home Health and Hospice, a division of the Home Care Services of Uintah Basin Healthcare.
WASHINTON, D.C. (September 9, 2022)—More than 1,700 Medicare providers have indications that they fraudulently billed Medicare for telehealth services, according to a new report from the Department of Health and Human Services (HHS) Office of Inspector General (OIG). These providers billed telehealth services for about half a million beneficiaries and received a total of $127.7 million in Medicare fee-for-service payments.
In August, Integrated Home Care Services, Inc., an independent administrator of home health, durable medical equipment (DME) and home infusion benefits, announced a new CEO, Christopher Bradbury. Bradbury succeeded Jorge Pereda, co-founder.
ARLINGTON, Va. (September 8, 2022)—Has your company provided durable medical equipment (DME) and services during a natural disaster? The DME Community Emergency Response Group is conducting a survey on your costs.
FRESNO, Calif. (September 8, 2022)—Sunrise Medical, a global provider of advanced assistive mobility solutions, is pleased to announce that it has completed two strategic acquisitions in Europe in 2022—The Helping Hand Company based in the UK and Now Tech based in Hungary—continuing its strong pursuit for strategic improvements and growth.
OWINGS MILLS, Md. (September 8, 2022)—The Board of Certification/Accreditation’s (BOC) board of directors is pleased to announce the appointment of Judi L. Knott, MA, MBA, as the organization’s new president and CEO, effective Jan. 1, 2023. Knott now serves as BOC’s chief strategy and marketing officer. Current president and CEO Claudia Zacharias, MBA, CAE will retire at the end of this year.
CHICAGO (September 6, 2022)—Help at Home, a national provider of in-home, person-centered care for seniors, announced the addition of a key member of its leadership team. Lisa George joins the company as its new chief human resources officer.
LOUISVILLE, Ky. (September 6, 2022)—Humana Inc. has announced the completion of its initiative to rebrand the home health division of Kindred at Home (KAH) as CenterWell Home Health. With this announcement, CenterWell Home Health is now the official name for the more than 350 locations of the home health division serving 38 states.
ST. LOUIS (September 6, 2022)—Responsive Respiratory (RRI) has entered into a partnership agreement for the distribution of Boost Oxygen products into the homecare market.
Founded in 2007, Boost Oxygen is a non‐prescription respiratory support product at an accessible price point for consumers. Boost provides 95% pure supplemental oxygen in a convenient, lightweight, easy‐to‐use canister.
WOONSOCKET, R.I., DALLAS and NEW YORK (September 6, 2022)—CVS Health and Signify Health have entered into a definitive agreement under which CVS Health will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8 billion.
ELYRIA, Ohio (September 2, 2022)—Invacare Corporation has announced changes to its senior management team and board of directors to advance its previously announced business transformation initiatives, address supply chain challenges and strengthen its financial performance. Geoffrey P.
ORANGE & ROCKLIN, Calif. (September 1, 2022)—Luna, an in-home physical therapy (PT) platform, today announces the launch of a value-based savings program for orthopedic practices to reduce post-acute care costs by 55% to 70%.
Top orthopedic groups are turning to Luna to reduce costs and deliver this innovative, in-person form of care, including Hoag (Orange County), Resurgens Orthopaedics (Atlanta), and dozens of others.
DEERFIELD, Ill. (August 31, 2022)—Walgreens Boots Alliance, Inc. announced it has completed its previously announced majority share acquisition of CareCentrix, Inc.—an independent home-centered platform that coordinates care to the home for health plans, patients and providers.
NEW YORK (August 31, 2022)—HHAeXchange, a provider of homecare management solutions for payers, providers and state Medicaid agencies, announced it has appointed three seasoned industry experts to its leadership team. The executives are James (JC) Stanton, chief financial officer; Todd Bransford, chief product officer; and Nicholas Fahrney, chief security and compliance officer.
ATLANTA (August 31, 2022)—Each year the home medical equipment (HME) community recognizes a professional in the HME community who has made an exceptional contribution to the homecare sector throughout their career. AAHomecare is currently seeking nominations for the 2022 Van Miller Homecare Champion to be honored at the Stand Up for Homecare reception at Medtrade East in Atlanta for:
AUSTIN, Texas (August 31, 2022)—Sensi.AI, an in-home virtual care agent empowering long-term care providers to overcome some of the biggest challenges in the industry, has partnered with dementia care advocate and expert Teepa Snow, MS, OTR/L, FAOTA, and founder of Positive Approach to Care, to educate and empower homecare agencies and non-medical professionals in strategically managing cases with early detection of and innovative care for brain change.
WASHINGTON, D.C. (August 30, 2022)—The Centers for Medicare & Medicaid Services (CMS) is seeking public comments on various aspects of the Medicare Advantage (MA) program. The American Association for Homecare (AAHomecare) is submitting comments for the request for information, due on Wednesday, Aug. 31. The association is asking industry stakeholders to add their comments to ensure better oversight of these plans and maintain strong access for home medical equipment (HME) suppliers.
WASHINGTON, D.C. (August 30, 2022)—The Consolidated Appropriations Act of 2021 required the Centers for Medicare & Medicaid Services (CMS) to implement various hospice survey reforms. In the CY 2022 Home Health Prospective Payment System (HH PPS) final rule, CMS addressed these reforms, including development of a hospice special focus program (SFP).
TROY, Mich. (August 30, 2022)—Residential Hospice, a division of Graham Healthcare Group, announced that it has acquired Comfort Hospice of St. Louis, and Grace Hospice of Maumee, Ohio from U.S. Medical Management. This expands the footprint of Residential Hospice into Missouri and Ohio; U.S. Medical Management will retain their hospice locations outside of St. Louis and Maumee.