HOUSTON—HME360, a consulting firm that specializes in home medical equipment (HME) and durable medical equipment (DME) inventory management, announced the release of a new industry report which reveals that outdated, manual inventory practices are costing HME|DME providers more than $4 billion annually in wasted labor, lost revenue and trapped cash.
BURKBURNETT, Texas—HomeWell Care Services, a provider of non-medical homecare, was recently named a 2025 Most Profitable Franchise by Franchise Business Review (FBR), a franchise market research firm, based on FBR’s annual franchisee satisfaction survey of more than 35,000 owners.
OVERLAND PARK, Kansas—Lucet, a behavioral health care provider, announced its brand evolution, announced its acquisition of Emcara Health.
TEMPE, Arizona—SYNERGY HomeCare has announced the opening of its four newest locations: SYNERGY HomeCare of Proctorville, SYNERGY HomeCare of Seminole, SYNERGY HomeCare of West Palm Beach and SYNERGY HomeCare of Columbia. The companies will assist residents with non-medical homecare services, such as companion care, personal care and respite care.
COPENHAGEN, Denmark & SAN FRANCISCO—Teton.ai, the predictive intelligence company for modern health care, announced a $20 million Series A fundraise led by Plural, which also led Teton’s seed round, with participation from Bertelsmann Investments, Antler Elevate and Nebular with a follow-on investment from PSV Tech.
NEW YORK—Meela Inc., a personalized artificial intelligence (AI) companion for seniors, has announced $3.5 million in seed funding led by Bain Capital Ventures (BCV). With these funds, Meela said it will invest in research and development to expand its product capabilities and clinical efficacy research.
WATERLOO, Iowa— VGM & Associates announced the release of its new technology playbook titled "VGM Playbook: Technology-Driven Strategies and Resources.” The playbook is designed to help VGM members use technology—including artificial intelligence (AI)—to drive smarter operations, provide better care and aim toward long-term growth.
WASHINGTON—The U.S. Department of Human Services Office of the Inspector General (OIG) released a review of Medicare Part B payment trends for wound care products known as skin substitutes that the office said “raises major concerns about fraud, waste and abuse.”
In March 2023, OIG issued a report that identified significant gaps in manufacturer compliance with new average sales price (ASP) reporting requirements for skin substitutes.
ALEXANDRIA, Virginia & WASHINGTON—At its September public meeting, the Medicaid and CHIP Payment and Access Commission (MACPAC) released draft recommendations for Medicaid payment policies intended to support the home- and community-based services (HCBS) workforce.
WATERLOO, Iowa—VGM & Associates announced that Jeff Bowman has joined VGM & Associates as senior vice president of strategic partnerships.
