NASHVILLE, Tenn., June 18, 2013—According to Getahn Ward of The Tennessean, the federal Medicare program has dropped nearly a third of the companies chosen to continue supplying home medical equipment to beneficiaries statewide, leaving even fewer suppliers as part of its controversial competitive bidding program set to kick off in Tennessee in less than two weeks.

ATLANTA, Ga., June 14, 2013—GF Health Products, Inc. (Graham-Field) announces that it will acquire substantially all of the assets of Hausted Patient Handling Systems, LLC (Hausted), a portfolio company of 3 Rivers Capital, LLC (3RC). Hausted is a manufacturer of patient handling equipment, including stretchers and chairs, used by hospital patient transport, radiology, outpatient, emergency and operating rooms within health care facilities.

ALBANY, N.Y., June 13, 2013—As reported by PR.com, analysis by Transparency Market Research shows that the global home medical equipment consumption pattern will depend on demographic and epidemiological development. Increased efforts in the fight against chronic illnesses such as respiratory diseases, kidney disorders and cancer will boost the demand for home therapeutic devices.

Sign up to attend the webinar “Retail Sales vs. Billing Medicare: How to aggressively increase retail sales while avoiding problems with Medicare” to be held June 20 from 2:30–4:00 p.m. ET. Medicare is broke. It went broke taking care of 23 million of the the Greatest Generation. There is a tsunami of 78 million Baby Boomers (those born between 1946 and 1964) who are retiring at the rate of 10,000 per day.

TEMPE, Ariz., June 6, 2013—Ottobock is pleased to announce the launch of its new OA Restore brace designed to help bring non-surgical relief to patients diagnosed with mild to moderate medial or lateral osteoarthritis (OA), as well as patients who have OA in combination with ligament instability. This is in continuation of the efforts and investments that Ottobock is making to strengthen its bracing portfolio following the successful launch of ACL and post op braces.

LAKE NORMAN, N.C., June 3, 2013—“It has come to our attention that the government put out a competitive bid that may drastically affect a benefit for people that are diabetic and use their Medicare Insurance to help receive supplies for testing their blood sugar levels and staying healthy,” said John White, The National Association of Conservative Seniors (NAOCS) founder and president.

WATERLOO, Iowa, June 6, 2013—At a Regulatory Fairness Hearing hosted by the U.S. Small Business Administration on June 6, healthcare advocates and medical equipment suppliers testified about the potentially costly effects of Medicare’s competitive bidding program.  They emphasized the damaging consequences this arbitrary new bidding program for Medicare contracts will inevitably have on Medicare beneficiaries and on the economy.

WASHINGTON, D.C., June 6, 2013—AAHomecare reports that, according to a letter Humana sent out recently to its members, starting July 1 the company will use rates from CMS’ national bidding program to reimburse out-of-network DME providers. Members are advised to change providers if theirs is unwilling to accept the lower rates.

BERKELEY HEIGHTS, N.J., May 15, 2013—Authentidate Holding Corp., a provider of secure Web-based software applications and telehealth products and services for healthcare organizations, announces that the Department of Veterans Affairs (VA) has exercised their second option to extend the term of the contract for Home Telehealth Devices and Services with Authentidate. The term of this option year begins May 15, 2013 and extends the contract to May 31, 2014.

The webinar “Value-Added Services vs. Prohibited Beneficiary Inducement: When is the line crossed?” will be held Tuesday, June 4, from 2:30–4 p.m. ET. It is perfectly acceptable for a DME provider to provide services to its patients that the provider's competitors do not. This is good business. These are classified as value-added services.