WASHINGTON, D.C. (May 16, 2017)—David J. Totaro, Chairman of the Partnership for Medicaid Home-Based Care (PMHC), issued the following statement with the release of a letter by the Partnership for Medicaid Home-Based Care to Health and Human Services Secretary Tom Price:
Bethesda, Md. (May 15, 2017)—Capital One announced today that it served as the agent, joint lead arranger and sole bookrunner for a $250 million senior credit facility—consisting of a $125 million cash-flow-based revolver, a $45 million term loan and an $80 million delayed-draw term loan, for Addus HomeCare.
ATLANTA (May 9, 2017)—New exhibitors are joining familiar names as exhibitors sign on to Medtrade, scheduled for Oct. 23–26, 2017, at the Georgia World Congress Center in Atlanta. “Attendees want new products on the show floor,” said Kevin Gaffney, group show director, Medtrade. “We are attracting those companies—small, medium and large—and there are more to come.”
—Via AAHomecare, WASHINGTON, D.C. (May 10, 2017)—On Monday, CGS, the DME MAC Jurisdiction C and B contractor announced that they are prepared to begin reprocessing claims that are subject to the CURES-mandated fee schedule adjustment. The mass adjustments will be conducted in batches. They will be processing claims five days a week and it is expected to take 24 weeks to complete. Jurisdiction C has approximately 4.7 million claims and is planning to reprocess 40,000 claims per day.
