Landauer Healthcare Holdings, Inc. and several of its affiliates filed for Chapter 11 bankruptcy in Delaware. Assets and liabilities listed are between $50 and $100 million. Landauer is a provider of HME and related products and services to more than 240,000 patients spanning eight states, while employing close to 650 employees at 32 business locations.
HomeCare News
Join the Alabama Durable Medical Equipment Association and the Georgia Association of Medical Equipment Suppliers on Aug. 25 at a joint annual meeting and hear homecare experts talk about the topics most important to your business:
Are you a provider wondering (among other things) whether the face-to-face requirement applies when patients transfer to a new supplier pursuant to an asset acquisition?
The Affordable Care Act authorizes CMS to require, for specified covered items, that payment may only be made if a physician has transmitted to the provider a written order for the item before the delivery of the item.
The ACA further states that for certain items
WinterGreen Research published a study on Oxygen Concentrators: Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019. The study says that worldwide markets are poised to achieve continuing growth as the aging population worldwide needs homecare oxygen treatment. Older people develop COPD and other respiratory conditions and oxygen can improve their quality of life. Portable oxygen devices are affordable and support a mobile lifestyle.
MOUNTAIN VIEW, Calif.—Based on its recent analysis of the pulse oximetry devices market, global consulting firm Frost & Sullivan announced it has awarded Nonin Medical the 2013 North American Pulse Oximetry Devices Product Quality Leadership Award. Nonin Medical received the award based on product performance, product design, and perceived value in the marketplace. For a copy of the Frost & Sullivan research report, visit www.nonin.com/qualityreport.
COCONUT CREEK, Fla.—According to BusinessWire.com, InnoMed Technologies Inc., a medical equipment manufacturer of respiratory and sleep interface products for use in hospitals, institutions and homecare settings, announced that DeVilbiss Healthcare is no longer the exclusive distributor of InnoMed Technologies products.
ATLANTA —Brightree LLC, provider of cloud-based clinical, billing and business management software solutions for the post-acute care industry, announced today that Lynda Bell, director of the Invacare HCS billing and collections business, will join Brightree next month as director of strategic accounts for the Brightree Billing Services organization.
WASHINGTON—The American Association for Homecare (AAHomecare), the primary advocacy organization representing home respiratory, mobility, infusion therapy and medical equipment providers nationwide, announced that Thomas H. Ryan will join the Association in early September as president and chief executive officer (CEO).
LAKE WALES, Fla.—3B/BMC has requested that the International Trade Commission investigate whether ResMed's (RMD) action to limit free trade is contrary to the public interest in lowering health care costs.
EXETER, Pa.—Quantum Rehab® and Pride Mobility Products® Corporation are pleased to announce the promotion of Chuck Finn to Chief Operating Officer (COO) and the hiring of Douglas Cummins as Chief Technology Officer (CTO).
SAN DIEGO—Southern California-based ResMed, a manufacturer of products for the treatment of sleep-disordered breathing and respiratory conditions, has filed a new legal action in the International Trade Commission (ITC). The amended complaint in U.S. federal court aims to stop infringement of ResMed patents.
ELYRIA, Ohio—Invacare Corporation (NYSE: IVC) announced that it has completed the sale of Champion Manufacturing Inc. (Champion), its domestic medical recliner business for dialysis clinics, for approximately $45,000,000 in cash, subject to certain post-closing adjustments. This divestiture is consistent with Invacare's focus on its globalization strategy to harmonize core global product lines and reduce complexity within its business.
When is the line crossed? It is perfectly acceptable for an HME provider to provide services to its patients that the provider's competitors do not provide. This is good business. These are classified as "value-added services."
Pinnacle Medsource announced its expansion into Texas. With its headquarters located in the greater Atlanta area, Pinnacle Medsource has been selling durable medical, respiratory and sleep therapy equipment and supplies to home medical equipment dealers since its incorporation in 1996. Pinnacle brings its hybrid manufacturer/distributor bundling model to Texas with a new distribution center located in Northern Houston.
MINNEAPOLIS, MN—Ottobock announces a new partnership with Norwegian company Krabat AS, a developer of high quality aids for children and youth. With a focus on being innovative, functional and aesthetically attractive, the aids are fun and interesting to use and encourage activity that facilitates mastering and progression.
The agreement grants Ottobock exclusive distribution rights in North America for three products:
SEATTLE—At its annual Retail Business Conference (RBC) for independent pharmacies, Cardinal Health announced that its retail pharmacy customers can build and diversify their businesses by providing their patients with convenient access to more than 40,000 home medical products through Independence Medical.
AKRON, Ohio (Aug. 8, 2013)—Performance Health has announced a merger with Cramer Products Inc., whose portfolio includes all branded products from Cramer, Active Ankle, Stromgren and Cosom.
“Combining Cramer Products with Performance Health provides benefit to both organizations, leveraging our complementary sales channels and go-to-market strategies,” stated Marshall Dahneke, president and CEO, Performance Health.
LAS VEGAS, Nev.—The iReferDR Patient Referral App empowers the user to make referrals as well as add Signed Orders to the submittal. With this latest version 2.0, the company has introduced four powerful additions to the customizable app template: signed order, multi-email capability, user profile and a call button. Additional performance enhancements have also been made, and iReferDR continues to come up with new ideas to increase referrals and expand your organization.
WASHINGTON, D.C.—AAHomecare and the Accredited Medical Equipment Providers of America (AMEPA) have reached an agreement to merge their organizations. The combined association will maintain the AAHomecare name and continue to do business in Washington, D.C.