DME

WASHINGTON—The Centers for Medicare & Medicaid (CMS) released a proposed rule on home health and durable medical equipment (DME) that includes new provisions for the next implementation of the Competitive Bidding Program (CBP), the American Association for Homecare (AAHomeCare) shared in an email with its members. 

AUSTIN, Texas—EqualizeRCM, a company that helps health care providers maximize performance through revenue cycle management (RCM) solutions, announced it has invested in MedNet LLC, a provider of RCM services for durable medical equipment (DME) and physician specialty practices.

PORT WASHINGTON, New York—Drive DeVilbiss Healthcare, a provider of durable medical equipment (DME) and respiratory products, announced that it has acquired the product line of De Oro Devices, the California-based company behind NexStride, a mobility aid designed to help people with Parkinson’s disease and other mobility-limiting conditions.

NEW YORK—A Florida man who allegedly sold fake prescriptions for durable medical equipment prescriptions was sentenced to 42 months in prison. 

LOUISVILLE, Kentucky—A former Kentucky resident was sentenced last week to two years and nine months in federal prison for engaging in a conspiracy to commit health care fraud in connection with durable medical equipment businesses.    

BOSTON, Massachusetts—The owner of Pharmagears, LLC (Pharmagears) and RR Medco, LLC (RR Medco) has agreed to plead guilty in connection with a nearly $30 million health care fraud conspiracy involving medically unnecessary durable medical equipment (DME), including orthotics such as back and knee braces.

WASHINGTON—The American Association for Homecare (AAHomecare) has joined a group of organizations urging an exemption from tariffs for medical and dental supplies, equipment and devices, citing concerns about increased costs resulting in supply chain disruptions.

LIVINGSTON, Tennessee & WHITMORE LAKE, Michigan—Encore Healthcare, a software company specializing in home medical equipment (HME) management, announced a partnership with Trace Medical, a ventilator rentals company, to launch the “Vent360+,” a solution aiming to simplify and streamline the provision of ventilator services for HME providers.

SALT LAKE CITY—Matia Mobility, a durable medical equipment company, has been granted a health care common procedure coding system (HCPCS) code for their “Tek” robotic mobilization device (RMD) by the Centers for Medicare & Medicaid Services (CMS).

IRVINE, California—Masimo, a medical innovation company, announced its partnership with Google to develop a new reference platform for original equipment manufacturers (OEMs) building Google’s “Wear OS” smartwatches. The partnership will incorporate Masimo’s biosensing technologies and standardized smartwatch devices using the Masimo reference platform, enabling OEMs to build and bring Wear OS smartwatches to the market. 

NEWARK, New Jersey—A Connecticut man has admitted his role in a multimillion-dollar durable medical equipment (DME) health care fraud and kickback scheme, announced U.S. Attorney Vikas Khanna.

TORONTO, Ontario—Therma Bright Inc., a developer and investment partner in proprietary diagnostic and medical device technologies, announced it's Venowave VW5 has received the permanent health care common procedure coding system (HCPCS) code from the Centers for Medicare and Medicaid Services (CMS).