INDIANPOLIS (October 13, 2016)—Cryogenic Solutions, LLC, acquired Inventory Solutions, Inc. a national supplier of refurbished respiratory products to the home medical equipment (HME) industry.
HME
CLEVELAND, Ohio (October 12, 2016)—Compass Health Brands announced the acquisition of the Professional Medical Imports Division (PMI) and the ProBasics brand from Invacare Corporation. ProBasics, a line of durable medical equipment (DME), has long been Invacare’s value brand for home medical equipment (HME) providers who are seeking quality DME products at a price that supports today’s reimbursement environment.
ATLANTA (September 16, 2016)—Early registration for Medtrade, the nation’s premiere HME trade show, ends at midnight September 24. The show will once again be held in its familiar home at the Georgia World Congress Center in Atlanta, from October 31 through November 3.
WATERLOO, Iowa (September 7, 2016)—VGM’s Government Relations team is spearheading a grassroots effort to recruit hospital executives to join the fight against Medicare’s most recent cut to reimbursements.
On July 1 DME providers incurred an additional 25 percent cut for Medicare reimbursements due to the Competitive Bidding Program. Many sectors across the health care industry are feeling the aftershock of difficulties stemming from the DME industry.
LENEXA, Kan. (August 31, 2016)—Mediware Information Systems, Inc., is hosting a free webinar for attendees on Tuesday, September 20 at 12 p.m. CST, 1 p.m. EST to discuss if providers should further pursue cash sales and stay competitive by becoming a non-participating Medicare provider.
WASHINGTON, D.C (August 26, 2016)—Home medical equipment providers who serve our nation’s military personnel are being hit with shocking new Medicare reimbursement cuts thanks to the Centers for Medicare and Medicaid Services’ (CMS) decision to widely apply rates from its competitive bidding program outside its original footprint in metro areas to now encompass the entire country.
WASHINGTON, D.C. (August 18, 2016)—Do you know a champion for the HME profession? The AAHomecare is now accepting nominations for an AAHomecare member who has made an exceptional contribution to the homecare sector throughout their career. Attributes that will be recognized include:
PHOENIX (August 17, 2016)—The Arizona Medical Equipment Suppliers Association (AZMESA) announced on August 11, 2016 it is taking the opportunity to build on six consecutive years of membership growth, including growth in 2016, to transition to Southwest Medical Equipment Suppliers Association (SWMESA), effective September 1, 2016.
MEDIA, Penn. (July 26, 2016)—Apacheta Corporation, a mobile business-solutions provider, today announced the company has nearly doubled its customer base and increased revenue by 75 percent since June 2015.
WASHINGTON, D.C. (July 7, 2016)—The American Association for Homecare (AAHomecare) has commissioned Dobson DaVanzo & Associates, LLC to conduct a full study of suppliers’ fixed and variable costs for furnishing the services associated with supplying durable medical equipment. While limited cost study analyses have been performed in the past, this will be the first to consider DME in multiple categories that are under threat by competitive bidding pricing.
WASHINGTON, D.C. (July 6, 2016)—The Council for Quality Respiratory Care (CQRC)—a coalition of the nation’s home oxygen therapy providers and manufacturing companies—commended Congressman Tom Price (R-GA), David Loebsack (D-IA), Cathy McMorris-Rogers (R-WA), Peter Welch (D-VT) and their colleagues in the United States House of Representatives, for passing the Patient Access to Durable Medical Equipment (PADME) Act (H.R.
Jeff ShieldsWINTER HAVEN, Fla. (July 5, 2016)—3B Medical Products is happy to announce the addition of Jeff Shields to the staff as the new vice president of sales. Shields brings more than 30 years of HME manufacturer experience with him in management, sales and distribution.
WATERLOO, Iowa (May 10, 2016)—As part of an aggressive grassroots effort to advocate for the HME industry, VGM’s Government Relations team has been coordinating members to testify during the Small Business Administration’s regional regulatory fairness hearings.
LENEXA, Kan. (April 26, 2016)—Mediware Information Systems, Inc. is hosting a free webinar for attendees on Tuesday, May 24, 2016, at 1:00 Central, 2:00 EST, to outline how HME providers can grow their collections despite the tightened margins of the industry. The webinar is entitled “Five Steps to Surviving HME Reimbursement Challenges in 2016.”
DAVISON, MICH (April 14, 2016)—IMCO Home Care and Universal Software Solutions, Inc. announced a partnership to offer Healthcare Data Management System (HDMS) to DME/HME providers. IMCO launched their Home Care initiative, a dedicated membership group serving Independent DME/HME dealers throughout the United States, to provide its members the best in homecare manufacturers at contracted prices.
LONG BEACH, Calif. (March 3, 2016)—Students in the CSULB Industrial Design program have begun redesigning mobility and home medical products for a design competition sponsored by Mobül: the Home Mobility Store, in Long Beach, California.
WASHINGTON D.C. (February 4, 2016)—In recent years, AAHomecare has focused on strengthening our partnerships with leading patient advocacy groups whose members depend on home medical equipment. This week, AAHomecare met with leaders from some of these groups to map out plans to address their legislative priorities related to HME.
Spending just a short time with your team sets the tone for the day
Though providers face significant odds, out-of-the-box thinking could stabilize—and potentially increase—revenue
MENLO PARK, Calif., July 31, 2012—A poll by the Kaiser Family Foundation on the Supreme Court’s health care reform ruling found that a majority of Americans support expansion of the nation’s Medicaid program for low-income people. The court ruled that expansion of eligibility as mandated by the Affordable Care Act was coercive and unconstitutional. That opened the door for states to opt out of the expansion, which would have increased beneficiaries by 16 million.