durable medical equipment

WATERLOO, Iowa (April 12, 2022)—VGM & Associates is excited to welcome Boone Lockard, CRT, as the new director of VGM Respiratory. Lockard began his career as a respiratory therapist at Lehan Drugs and has more than 12 years of experience in the durable medical equipment (DME) industry. Lockard also worked on the manufacturer side with Philips Respironics for three years as a key account manager.

PHOENIX (April 6, 2022)—Show organizers capped off day two of Medtrade West at the Phoenix Convention Center with the New Product Pavilion Providers’ Choice Awards, sponsored by HomeCare Media.

The Providers’ Choice Gold went to My Crutches from SCS Direct, Trumbull, Conn. CEO Howard Greenspan calls My Crutches the world’s first fashion crutches. 

“Breaking a leg isn’t fun,” said Greenspan. “Why make it worse with unsightly crutches?”

COLUMBUS, Ohio (March 31, 2022)—Late last Friday, the Ohio Dept. of Medicaid (ODM) announced that the Centers for Medicare & Medicaid Services (CMS) had approved the state’s plans to distribute federal American Rescue Plan relief for home and community-based service (HCBS) providers, including durable medical equipment (DME) suppliers.

SKILLMAN, N.J. (March 24, 2022)—Curasev, a provider of electronic medical record (EMR) solutions for durable medical equipment (DME), home medical equipment (HME) and home health providers, will be launching its academy-style training videos and integration with CardConnect at the Medtrade West 2022 show.

With the planned launch of the academy-style training videos, Curasev seeks to make it easier for HME and DME suppliers to transition from legacy systems.

ST. LOUIS, Mo. (March 24, 2022)—Responsive Respiratory is pleased to announce that Steven Bannon has been named as the company’s president and owner.

Bannon brings a wealth of expertise to this role, having served Responsive Respiratory in a leadership and business development capacity over the last six years since his return to the organization. An experienced business professional, Bannon succeeds Thomas Bannon who will continue to serve as a business consultant for the company.

CORAL SPRINGS, Fla. (March 22, 2022)—Knack Global (Knack), a Florida-based provider of revenue cycle management (RCM) solutions, announces the successful completion of its acquisition of The Billing Center (TBC), a provider of medical billing services to clients around West Virginia, including durable medical equipment (DME) suppliers. The acquisition of TBC will enable Knack to further strengthen its RCM practice in the DME space.

ORANGEBURG, N.Y. (March 3 ,2022)—Dynarex Corporation, a durable medical equipment and disposable medical products company, has expanded its durable medical equipment (DME) line to accommodate the growing demands of today’s homecare and long-term care marketplaces. Dynarex’s wide range of DME offerings now encompasses premium solutions for a full array of needs—including long-term care and homecare beds, mattresses, lifts and slings, wheelchairs, mobility and more.

DENVER, Colo. (March 3, 2022)—You Can Home Medical, managed by Caddis Capital Management, has acquired Independently Yours, Colorado’s largest retail medical supply store, with locations in Parker, Littleton and Louisville. The owners are selling to retire to their ranch in Colorado. The official acquisition date is March 1, 2022.

PLYMOUTH MEETING, Penn. (February 25, 2022)—AdaptHealth Corp., a provider of patient-centered, health care-at-home solutions including home medical equipment, medical supplies and related services, announced financial results for the fourth quarter and fiscal year ended Dec. 31, 2021.

WASHINGTON, D.C. (February 24, 2022)—Building support for H.R. 6641, the DMEPOS Relief Act of 2022, remains a top priority for the American Association for Homecare (AAHomecare) and other home medical equipment (HME) stakeholder groups. 

WASHINGTON, D.C. (February 22, 2022)—Medicare paid a total $6.6 billion to nonhospice providers for services provided to hospice beneficiaries between 2010 and 2019, according to a new report from the U.S. Department of Health & Human Services Office of the Inspector General (OIG).

BOSTON (February 18, 2022)—A Florida man was sentenced for his role in a multi-million-dollar Medicare fraud scheme involving durable medical equipment (DME).

CINCINNATI (February 17, 2022)—Quipt Home Medical Corp., a U.S. based home medical equipment provider focused on end-to-end respiratory care, announced its first quarter fiscal 2022 financial results and operational highlights. These results pertain to the three-month period ended Dec. 31, 2021 and are reported in U.S. dollars.

The company reported revenue for Q1 2022 was $29.5 million compared to $22.8 million for Q1 2021, representing a 30% increase in revenue year-over-year.

FRESNO, Calif. (February 15, 2022)—Sunrise Medical, a manufacturer of advanced assistive mobility solutions, is pleased to announce the appointment of Jessica Presperin Pedersen as the director of clinical education for North America. 

WASHINGTON, D.C. (February 10, 2022)—Legislation to apply 90/10 blended Medicare reimbursement rate for home medical equipment (HME) in former competitive bidding areas (CBA) has been formally introduced in the United States House of Representatives. The DMEPOS Relief Act of 2022 (HR 6641) would boost rates for items in the 13 product categories whose bid results were not implemented in Round 2021. These increased rates would apply from Jan. 1, 2022 through Dec. 31, 2023.  

BRENTWOOD, Tenn. (February 10, 2022)—IMAC Holdings, Inc., a provider of innovative medical advancements and care specializing in regenerative and rehabilitative orthopedic treatments without the use of surgery or opioids, announces the addition of health care veteran Dr. Ben Lerner to the position of chief operating officer. Dr. Matt Wallis, a founder of IMAC and current COO, will continue as president and executive director of the company upon Lerner’s addition Feb. 21, 2022.