In the 1980s, people kept finding medical waste washed up on beaches. And while finding a broken bottle with a bare foot is unpleasant, finding a used needle could prove deadly if the user had a bloodborne illness.
FLANDERS, N.J. (May 24, 2022)—Central Medical Supply Group (CMSG), a portfolio company of Osceola Capital, announced that it has acquired three hospice and homecare equipment management companies: Helping Hands Medical Equipment, the hospice assets of Consolidated Medical Surgical Supply and PPD Homecare Inc.
LOS ALTOS, Calif. (May 24, 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 been endorsed as a preferred vendor by Senior Helpers, leaders in professional, in-home senior assistance services. Through Sensi, Senior Helpers can provide their customers with 24/7 support in a cost efficient and scalable manner, while significantly upping quality of care.
CHARLOTTE, N.C. (May 20, 2022)—Prochant, a revenue cycle management (RCM) provider with more than 20 years' experience, particularly in the home medical equipment (HME) space, announced a partnership with VGM & Associates to be the member service organization’s official partner for focused billing solutions.
MIAMI, Fla. (May 20, 2022)—VirtuOx, Inc., based in Coral Springs, Florida and operating Medicare approved independent diagnostic testing facilities (IDTF), has agreed to pay $3.15 million to resolve allegations that it submitted or caused to be submitted false claims to Medicare for reimbursement.
WATERLOO, Iowa (May 19, 2022)—VGM Group, Inc. has begun the search for a president to head its VGM & Associates division, the nation’s largest member service organization for post-acute health care. This role leads a 70-person team serving VGM’s 3000 member organizations, as well as vendor partners and the broader home medical equipment (HME) industry. The candidate selected will also join VGM Group’s 10-person senior leadership team.
FORT WORTH, Texas (May 19, 2022)—VERTESS, a health care mergers and acquisitions (M&A) advisory firm, closed out a strong first quarter of 2022 with three transactions. Managing Partner Bradley Smith commented that these were noteworthy successes given the current status of the economy and the geopolitical instability overseas.
The National Association for Home Care & Hospice (NAHC), the Home Care Association of America (HCAOA) and BAYADA Home Health Care recently kicked off a new initiative to improve conditions, pay and recognition for homecare workers (BIRMINGHM, Ala. (May 13, 2022)—Medicaid can directly pay for independent home health aides' benefits, including health insurance and skills training, according to a final rule the Centers for Medicare & Medicaid Services (CMS) issued Thursday. The final rule allows State Medicaid agencies to provide home health aides not working with an agency employee benefit premiums and union dues deducted from their paychecks.
OWINGS MILLS, Md. (May 12, 2022)—Research is now underway for the study “Racial Bias in Orthotics and Prosthetics,” a recipient of a 2021 American Orthotic and Prosthetic Association (AOPA) and Center for Orthotic and Prosthetic Learning and Outcomes/Evidence-Based Practice (COPL) Pilot Grant. The Board of Certification/Accreditation (BOC) committed $30,000 to fund the study, which is the first of its kind in the orthotics and prosthetics (O&P) field.