ELYRIA, Ohio, Feb. 1, 2013—Late Wednesday afternoon when CMS announced the bid rates, you could almost hear a massive collective gasp of disbelief sweep across the country. One of the key things that these extraordinarily low bid prices demonstrates is that the 244 auction expert economists have been proven correct: CMS’ ill-designed bid program only incentives extremely low ball bids, because it’s a “do or die” situation for the bidding HME provider.

Bob Messenger, manager of respiratory education for the Invacare Corporation, will present “Healthcare Reform & Homecare: What Does It Mean for Your Company?” at Medtrade Spring Thursday, March 21, 2013, from 8:30-9:30 a.m. in the Islander Ballroom. He is a registered respiratory therapist and a Fellow of the American Association for Respiratory Care.