ATLANTA (October 2, 2017)—Provider Web Capital announces the launch of its unique health care patient pay solution, Curae Finance, a financing product aimed at empowering medical providers of all types to help patients afford the care they need, when they need it. In the current high-deductible environment, Curae Finance helps the health care industry solve the critical issue of large out-of-pocket expenses patients face by giving them flexible payment options.

EXETER, Penn. (October 2, 2017)—Pride Mobility Products is pleased to support HME/DME providers with a 10 percent price reduction on power lift recliners in the fourth quarter of 2017, to address competition from non-industry channels.

EXETER, Penn. (October 2, 2017)—Quantum Rehab is pleased to announce the launch of its 4Front front-wheel drive power chair, featuring SRS (Smooth Ride Suspension).  

The Quantum 4Front focuses on bringing enhanced ride comfort, performance and safety to the front-wheel drive segment.

CLEVELAND, Ohio (October 2, 2017)—Compass Health Brands, a leading provider of medical devices used for homecare, rehabilitation and pain management, announced the acquisition of Richmar. Terms of the purchase are not being disclosed.

Washington, D.C. (October 2, 2017)—Nearly one-fourth of the members of the U.S. House of Representatives have asked the Office of Management & Budget (OMB) to clear an HME-related Interim Final Rule (IFR) currently under review at OMB. The IFR, titled “Durable Medical Equipment Fee Schedule, Adjustments to Resume the Transitional 50/50 Blended Rates to Provide Relief in Non-Competitive Bidding Areas” has been at OMB since late August.

CORAL SPRINGS, Fla. (October 2, 2017)—VirtuOx, Inc. a health care IT company providing diagnostic tools and services to enable health care organizations and professionals diagnose and treat a variety of disease states, announced today the acquisition of ProFox Associates, Inc. and NPF, Inc. The transaction was facilitated by VERTESS, a health care M+A advisory firm. 

Price Resigns from HHS After Facing Fire for Travel
His exit comes after press outlets revealed his extensive use of private jets and military aircraft for government business. (Dan Diamond, Rachana Pradhan and Adriel Bettelheim/Politico)

WASHINGTON, D.C. (October 1, 2017)—The American Association for Homecare is saddened by the resignation of Tom Price as Secretary of the Department of Health & Human Services. Throughout his career on Capitol Hill and at HHS, Dr. Price has been one of the most influential champions for public policy that would allow home medical equipment suppliers to maintain their place as an effective and essential part of the nation’s health care infrastructure.

WASHINGTON, D.C. (September 29, 2017)—In less than 24 hours from Health and Human Services Secretary Tom Price’s September 28, 2017 statement of regret and correction over recent taxpayer funded travel, the man whom some pinned high homecare industry reform hopes on resigned.